Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2014

Net Change and Ending Balances for Various Components of Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss

Net change and ending balances for the various components of other comprehensive income (loss) and for accumulated other comprehensive loss as of and for the year ended December 31, 2012, 2013 and 2014 are summarized below.


	Foreign Currency Translation Adjustments			Unrecognized Components of Employee Benefit Plans			Unrealized Holding Gains (Losses) on Securities			Derivatives			Accumulated Other Comprehensive Loss
Balance at January 1, 2012	$	(4,736	)	$	(75,225	)	$	562		$	109		$	(79,290	)
Net Change		3,193			(6,558	)		71			209			(3,085	)
Balance at December 31, 2012		(1,543	)		(81,783	)		633			318			(82,375	)
Net Change		1,820			34,321			374			(5	)		36,510
Balance at December 31, 2013		277			(47,462	)		1,007			313			(45,865	)
Net Change		(4,703	)		(17,934	)		(23	)		(228	)		(22,888	)
Balance at December 31, 2014	$	(4,426	)	$	(65,396	)	$	984		$	85		$	(68,753	)

Line Items Affected on Condensed Consolidated Statements of Operations for Components Reclassified from Accumulated Other Comprehensive Loss

The following summarizes the line items affected on the consolidated statements of operations for components reclassified from accumulated other comprehensive loss for each of the years ended December 31. Amounts in parentheses represent credits to net income (loss).


	2014			2013			2012
Amortization of unrecognized employee benefit costs:
Costs of products sold (excluding depreciation)	$	3,601		$	5,691		$	4,807
Selling and administrative		1,524			2,241			1,939
Other income (expense)		174			867			763
Total before income tax		5,299			8,799			7,509
Income tax provision		(1,841	)		(3,156	)		(3,547	)
Net of income tax	$	3,458		$	5,643		$	3,962
Realized gains on sale of marketable securities:
Selling and administrative	$	(171	)	$	(87	)	$	(120	)
Income tax provision		60			30			42
Net of income tax	$	(111	)	$	(57	)	$	(78	)
Realized gains/losses from settlement of cash flow hedges:
Net sales (foreign currency sales contracts)	$	33		$	0		$	(197	)
Depreciation (foreign currency purchase contracts)		(27	)		(27	)		(27	)
Costs of products sold (excluding depreciation) (futures contracts – copper and aluminum)		146			419			398
Total before income tax		152			392			174
Income tax provision		(57	)		(146	)		(67	)
Net of income tax	$	95		$	246		$	107

Summary of Income Tax Expense (Benefit) Associated with Various Components of Other Comprehensive Income (Loss)

The income tax expense (benefit) associated with the various components of other comprehensive income (loss) for each of the years ended December 31 is summarized below. Foreign currency translation adjustments exclude the effect of income taxes since earnings of non-U.S. subsidiaries are deemed to be reinvested for an indefinite period of time.
	2014			2013			2012
Income tax expense (benefit) associated with changes in:
Unrecognized employee benefit costs	$	10,265		$	(15,890	)	$	5,256
Unrealized holding gains on marketable securities		(47	)		(232	)		(80	)
Fair value of cash flow hedges		206			149			(61	)
Income tax expense (benefit) associated with reclassification adjustments:
Amortization of unrecognized employee benefit costs		(1,841	)		(3,156	)		(3,547	)
Realized gains from sale of marketable securities		60			30			42
Realized gains/losses from settlement of cash flow hedges		(57	)		(146	)		(67	)