Accumulated Other Comprehensive Loss

9 Months Ended

Jun. 30, 2017

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

(7)Accumulated Other Comprehensive Loss

Accumulated elements of other comprehensive loss, net of tax, are included in the stockholders’ equity section of the condensed consolidated balance sheets.  Changes in each component for the nine months ended June 30, 2017 and 2016 are as follows:

(Dollars in Thousands)	Foreign Currency Translation Adjustments		Unrealized Gains and Losses on Available-for-Sale Securities		Pension and Postretirement Plans		Comprehensive (Loss) Income
Balance at September 30, 2016	$	(4,696)	$	-	$	(10,570)	$	(15,266)
Other comprehensive loss before reclassifications		(871)		-		-		(871)
Amounts reclassified from accumulated other comprehensive income		-		-		357		357
Net current period other comprehensive (loss) income		(871)		-		357		(514)
Balance at June 30, 2017	$	(5,567)	$	-	$	(10,213)	$	(15,780)

(Dollars in Thousands)	Foreign Currency Translation Adjustments		Unrealized Gains and Losses on Available-for-Sale Securities		Pension and Postretirement Plans		Comprehensive (Loss) Income
Balance at September 30, 2015	$	(5,468)	$	259	$	(8,532)	$	(13,741)
Other comprehensive income before reclassifications		1,456		147		-		1,603
Amounts reclassified from accumulated other comprehensive (loss) income		-		(334)		257		(77)
Net current period other comprehensive (loss) income		1,456		(187)		257		1,526
Balance at June 30, 2016	$	(4,012)	$	72	$	(8,275)	$	(12,215)

The tables below present the impact on net income of significant amounts reclassified out of each component of accumulated other comprehensive loss:

Pension and Postretirement Plans (1)	Three Months Ended June 30,				Nine Months Ended June 30,
(Dollars in Thousands)	2017		2016		2017		2016
Amortization of net loss	$	190	$	137	$	570	$	410
Total before tax		190		137		570		410
Provision for income taxes		71		52		213		153
Total net of tax	$	119	$	85	$	357	$	257

(1)These accumulated other comprehensive loss components are included in the computation of net periodic benefit costs (refer to Note 5 of the Notes to Consolidated Financial Statements for additional details regarding employee benefit plans).

Unrealized Gains and Losses on Available-for-Sale Securities	Three Months Ended June 30,				Nine Months Ended June 30,
(Dollars in Thousands)	2017		2016		2017		2016
Realized gains on available-for-sale securities into earnings (1)	$	-	$	(288)	$	-	$	(393)
Total before tax		-		(288)		-		(393)
Provision for income taxes (2)		-		(43)		-		(59)
Total net of tax	$	-	$	(245)	$	-	$	(334)

(1)This amount is reported in Interest Expense, net on the Consolidated Statements of Operations

(2)This amount is reported in Income Tax Expense (Benefit) on the Consolidated Statements of Operations