Comprehensive Income

9 Months Ended

Sep. 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 September 30, 2014:

	Interest Rate Swap			Defined Benefit Pension Plans			Foreign Currency Translation Adjustments			Total
Balance – June 30, 2014	$	(2,922	)	$	(1,782	)	$	14,657		$	9,953
Changes during the period:
Other comprehensive income (loss) before reclassifications	(1		)	—			(12,588		)	(12,589		)
Reclassifications from AOCI to income (2), (3)	620			15			—			635
Other comprehensive income (loss) for the period	619			15			(12,588		)	(11,954		)
Balance – September 30, 2014	$	(2,303	)	$	(1,767	)	$	2,069		$	(2,001	)

For the three months ended September 30, 2013:

	Interest Rate Swap			Defined Benefit Pension Plans			Foreign Currency Translation Adjustments		Total
Balance – June 30, 2013	$	(4,635	)	$	(1,554	)	$	8,547	$	2,358
Changes during the period:
Other comprehensive income (loss) before reclassifications	(360		)	—			4,109		3,749
Reclassifications from AOCI to income (2), (3)	621			6			—		627
Other comprehensive income (loss) for the period	261			6			4,109		4,376
Balance – September 30, 2013	$	(4,374	)	$	(1,548	)	$	12,656	$	6,734

For the nine months ended September 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	(236		)	—			(11,990		)	(12,226		)
Reclassifications from AOCI to income (2), (3)	1,836			44			—			1,880
Other comprehensive income (loss) for the period	1,600			44			(11,990		)	(10,346		)
Balance – September 30, 2014	$	(2,303	)	$	(1,767	)	$	2,069		$	(2,001	)

For the nine months ended September 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	(153		)	17			(900		)	(1,036		)
Reclassifications from AOCI to income (2), (3)	1,789			13			—			1,802
Other comprehensive income (loss) for the period	1,636			30			(900		)	766
Balance – September 30, 2013	$	(4,374	)	$	(1,548	)	$	12,656		$	6,734

(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.