Comprehensive Income

6 Months Ended

Jun. 30, 2014

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Comprehensive Income

Comprehensive Income

The following tables disclose information about changes in accumulated other comprehensive income (“AOCI") by component and amounts reclassified out of AOCI to income during the periods indicated (net of tax, in thousands) (1):

For the three months ended June 30, 2014:

	Interest Rate Swap			Defined Benefit Pension Plans			Foreign Currency Translation Adjustments		Total
Balance – March 31, 2014	$	(3,433	)	$	(1,796	)	$	13,781	$	8,552
Changes during the period:
Other comprehensive income (loss) before reclassifications	(102		)	—			876		774
Reclassifications from AOCI to income (2), (3)	613			14			—		627
Other comprehensive income (loss) for the period	511			14			876		1,401
Balance – June 30, 2014	$	(2,922	)	$	(1,782	)	$	14,657	$	9,953

For the three months ended June 30, 2013:

	Interest Rate Swap			Defined Benefit Pension Plans			Foreign Currency Translation Adjustments			Total
Balance – March 31, 2013	$	(5,449	)	$	(1,555	)	$	9,767		$	2,763
Changes during the period:
Other comprehensive income (loss) before reclassifications	213			—			(1,220		)	(1,007		)
Reclassifications from AOCI to income (2), (3)	601			1			—			602
Other comprehensive income (loss) for the period	814			1			(1,220		)	(405		)
Balance – June 30, 2013	$	(4,635	)	$	(1,554	)	$	8,547		$	2,358

For the six months ended June 30, 2014:

	Interest Rate Swap			Defined Benefit Pension Plans			Foreign Currency Translation Adjustments		Total
Balance – December 31, 2013	$	(3,903	)	$	(1,811	)	$	14,059	$	8,345
Changes during the period:
Other comprehensive income (loss) before reclassifications	(234		)	—			598		364
Reclassifications from AOCI to income (2), (3)	1,215			29			—		1,244
Other comprehensive income (loss) for the period	981			29			598		1,608
Balance – June 30, 2014	$	(2,922	)	$	(1,782	)	$	14,657	$	9,953

For the six months ended June 30, 2013:

	Interest Rate Swap			Defined Benefit Pension Plans			Foreign Currency Translation Adjustments			Total
Balance – December 31, 2012	$	(6,010	)	$	(1,578	)	$	13,556		$	5,968
Changes during the period:
Other comprehensive income (loss) before reclassifications	207			17			(5,009		)	(4,785		)
Reclassifications from AOCI to income (2), (3)	1,168			7			—			1,175
Other comprehensive income (loss) for the period	1,375			24			(5,009		)	(3,610		)
Balance – June 30, 2013	$	(4,635	)	$	(1,554	)	$	8,547		$	2,358

(1) Amounts in parentheses represent debits (deferred losses).

(2) The reclassifications related to the interest rate swap (cash flow hedge) were recorded in Interest expense and exclude a related tax benefit reflected in the Provision for income taxes. See Note 10 – Derivatives and Hedging for information regarding the hedge.

(3) The reclassifications related to defined benefit pension plans were recorded in Selling, general and administrative expense and had an immaterial tax effect for both periods. See Note 12 – Employee Benefits for information regarding the Company’s defined benefit pension plans.