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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 30, 2015
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,

 

 

 

2015

 

2014

 

2015

 

2014

 

Net income

 

$

5,676

 

5,426

 

$

10,600

 

15,636

 

Minimum pension liability adjustments

 

 

 

946

 

 

Reclassification to interest expense

 

 

225

 

678

 

710

 

Deferred income tax expense

 

 

(83

)

(585

)

(245

)

Mark to market of interest rate hedges

 

 

3

 

(15

)

(35

)

 

 

 

 

 

 

 

 

 

 

Comprehensive income

 

$

5,676

 

5,571

 

$

11,624

 

16,066

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of accumulated other comprehensive loss

 

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

 

 

September 30,
2015

 

December 31,
2014

 

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

 

$

 

$

(422

)

Minimum pension liability adjustments, net of tax benefit

 

 

(602

)

 

 

 

 

 

 

Accumulated other comprehensive loss

 

$

 

$

(1,024

)