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Reclassifications Out Of Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2013
Reclassifications Out Of Accumulated Other Comprehensive Loss [Abstract]  
Reclassifications Out Of Accumulated Other Comprehensive Loss

NOTE 10: RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table presents the reclassifications out of accumulated other comprehensive loss for the periods indicated and the affected line item in the statements where net income is presented:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

For the Six Months Ended

Reclassification for

 

June 30, 2013

 

June 30, 2012

 

June 30, 2013

 

June 30, 2012

Net periodic pension and postretirement costs in:

 

 

 

 

 

 

 

 

Cost of Sales

 

$      (307,755)

 

$      (612,565)

 

$      (611,208)

 

$      (612,565)

Selling, General & Administrative Expenses

 

(195,520)

 

(418,864)

 

(410,846)

 

(418,864)

 

 

 

 

 

 

 

 

 

Unrealized net gains on available-for-sale securities in:

 

 

 

 

 

 

 

 

Gain on sale of equity investments

 

812,588 

 

152,014 

 

3,881,872 

 

567,544 

 

 

 

 

 

 

 

 

 

Less: Income tax expense (benefit)

 

123,000 

 

(352,000)

 

1,143,000 

 

(184,000)

Reclassifications, net of tax

 

$       186,313

 

$      (527,415)

 

$    1,716,818

 

$      (279,885)