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Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of Other comprehensive income (loss) are as follows:
 
 
For the Year Ended December 31, 2016
 
For the Year Ended December 31, 2015
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
 
(In thousands)
Foreign currency translation adjustments
 
 
 
 
 
 
 
 
 
 
 
Cumulative translation adjustment
$
(76,822
)
 
$

 
$
(76,822
)
 
$
(63,441
)
 
$

 
$
(63,441
)
Reclassification of foreign currency translation to earnings upon sale of business
14,257

 

 
14,257

 
(4,725
)
 

 
(4,725
)
Foreign currency translation adjustments
(62,565
)
 

 
(62,565
)
 
(68,166
)
 

 
(68,166
)
Pension and other postretirement adjustments
 
 
 
 
 
 
 
 
 
 
 
Net gain (loss) arising during the year
(1,927
)
 
789

 
(1,138
)
 
8,318

 
(2,411
)
 
5,907

Amortization/recognition of settlement loss
7,083

 
(2,896
)
 
4,187

 
4,939

 
(1,431
)
 
3,508

Pension and other postretirement adjustments
5,156

 
(2,107
)
 
3,049

 
13,257

 
(3,842
)
 
9,415

Reclassification adjustments for derivatives
6,851

 
(2,490
)
 
4,361

 
7,030

 
(2,499
)
 
4,531

Total other comprehensive income (loss)
$
(50,558
)
 
$
(4,597
)
 
$
(55,155
)
 
$
(47,879
)
 
$
(6,341
)
 
$
(54,220
)

 
 
 
 
 
 
 
For the Year Ended December 31, 2014
 
 
 
 
 
 
 
Pre-tax
 
Tax
 
Net of tax
 
 
 
 
 
 
 
(In thousands)
Foreign currency translation adjustments
 
 
 
 
 
 
 
 
 
 
 
Cumulative translation adjustment
 
 
 
 
 
 
$
(77,024
)
 
$

 
$
(77,024
)
Pension and other postretirement adjustments
 
 
 
 
 
 
 
 
 
 
 
Net gain (loss) arising during the year
 
 
 
 
 
 
(26,424
)
 
7,767

 
(18,657
)
Amortization/recognition of settlement loss
 
 
 
 
 
 
3,113

 
(915
)
 
2,198

Pension and other postretirement adjustments, net
 
 
 
 
 
 
(23,311
)
 
6,852

 
(16,459
)
Reclassification adjustments for derivatives
 
 
 
 
 
 
7,223

 
(2,713
)
 
4,510

Total other comprehensive income (loss)
 
 
 
 
 
 
$
(93,112
)
 
$
4,139

 
$
(88,973
)
Reclassification out of Accumulated Other Comprehensive Income
Amounts reclassified from accumulated other comprehensive income (loss) to net income are summarized as follows:
 
 
 
For the Years Ended December 31,
 
 
 
 
2016
 
2015
 
2014
 
Income Statement Caption
Foreign currency translation:
 
 
 
 
 
 
 
 
Reclassification upon sale of business
 
$
14,257

 
$
(4,725
)
 
$

 
Loss (gain) on sale of businesses - net
Total before tax
 
14,257

 
(4,725
)
 

 
 
Provision for income taxes
 

 

 

 
 
Total net of tax
 
$
14,257

 
$
(4,725
)
 
$

 
 
Pension and other postretirement plans:
 
 
 
 
 
 
 
 
Amortization of service cost
 
$
7,083

 
$
4,939

 
$
3,113

 
Selling, general and administrative expense
Total before tax
 
7,083

 
4,939

 
3,113

 
 
Provision for income taxes
 
(2,896
)
 
(1,431
)
 
(915
)
 
 
Total net of tax
 
$
4,187

 
$
3,508

 
$
2,198

 
 
Derivatives:
 
 
 
 
 
 
 
 
Reclassification adjustments
 
$
6,851

 
$
7,030

 
$
7,223

 
Interest expense
Total before tax
 
6,851

 
7,030

 
7,223

 
 
Provision for income taxes
 
(2,490
)
 
(2,499
)
 
(2,713
)
 
 
Total net of tax
 
$
4,361

 
$
4,531

 
$
4,510