Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2014

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The components of accumulated other comprehensive income (loss) are shown below:

	2014			2013
In thousands
Foreign currency translation:
Beginning balance	$	(14,219	)	$	(16,515	)
Net gain/(loss) on foreign currency translation	(3,833		)	2,296
Reclassification to net income	(2,624		)	—
Other comprehensive income/(loss), net of tax	(6,457		)	2,296
Ending balance	$	(20,676	)	$	(14,219	)
Pension and other post-retirement benefits (a):
Beginning balance	$	(66,317	)	$	(104,551	)
Reclassification to net income
Amortization of prior service cost, net of tax expense of $37 and $38, respectively	61			60
Amortization of net loss, net of tax expense of $1,583 and $3,677, respectively	2,614			5,875
Change in net gain, net of tax benefit (expense) of $25,203 and ($20,218), respectively	(41,622		)	32,299
Other comprehensive income/(loss), net of tax	(38,947		)	38,234
Ending balance	$	(105,264	)	$	(66,317	)
Derivative instruments (b):
Beginning balance	$	(585	)	$	(524	)
Net loss on derivative instruments, net of tax benefit of $162 and $104, respectively	(268		)	(172		)
Reclassification to net income, net of tax expense of $323 and $66, respectively	532			111
Other comprehensive income/(loss), net of tax	264			(61		)
Ending balance	$	(321	)	$	(585	)
Total accumulated other comprehensive income (loss)	$	(126,261	)	$	(81,121	)

^(a) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 14, Pension Plans for additional information)

^(b) See Note 6, Derivative Financial Instruments, for additional information regarding our derivative instruments.