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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 30, 2014
Accumulated Other Comprehensive Loss  
Schedule of components of comprehensive income

 

The following table presents the components of comprehensive income (in thousands):

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Net income

 

$

5,426

 

4,789

 

$

15,636

 

12,171

 

Reclassification to interest expense

 

225

 

287

 

710

 

873

 

Deferred income tax expense

 

(83

)

(81

)

(245

)

(310

)

Mark to market of interest rate hedges

 

3

 

(64

)

(35

)

(21

)

Comprehensive income

 

$

5,571

 

4,931

 

$

16,066

 

12,713

 

 

 

Schedule of accumulated other comprehensive loss

 

Accumulated other comprehensive loss consisted of the following (in thousands):

 

 

 

September 30,
2014

 

December 31,
2013

 

Mark to market of interest rate hedges, net of tax benefit  

 

$

(547

)

$

(977

)

Minimum pension liability adjustments, net of tax benefit

 

(521

)

(521

)

Accumulated other comprehensive loss

 

$

(1,068

)

$

(1,498

)