Reclassification Out Of Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2014

Equity [Abstract]

Reclassification Out Of Accumulated Other Comprehensive Loss

RECLASSIFICATION OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table presents the reclassifications out of accumulated other comprehensive income and the affected line item in the statements where net income is presented for the three months ended March 31, 2014 and 2013:

Reclassifications for	2014			2013
Net periodic pension and postretirement costs in:
Cost of Sales	$	108,777		$	(303,453	)
Tax (expense) benefit	(43,669		)	121,667
Net of tax	$	65,108		$	(181,786	)
Selling, General & Administrative Expenses	$	97,973		$	(215,326	)
Tax (expense) benefit	(39,331		)	86,333
Net of tax	$	58,642		$	(128,993	)
Unrealized net gains on available-for-sale securities in:
Gain on sale of equity investments	$	—		$	3,069,284
Tax expense	—			(1,228,000		)
Net of tax	$	—		$	1,841,284
Reclassifications, net of tax	$	123,750		$	1,530,505