Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2013

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

Note 10—Accumulated Other Comprehensive Income (Loss)

        The following table presents the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2013, net of tax (in thousands).

	Pension and other postretirement plans			Unrealized gain/(loss) on hedges			Foreign currency translation adjustment			Unrealized gain on investments		Total
Beginning balance as of December 31, 2012	$	(266,042	)	$	(4,203	)	$	(1,502	)	$	897	$	(270,850	)
Other comprehensive income (loss) before reclassifications		—			2,478			(17,086	)		39		(14,569	)
Amounts reclassified from accumulated other comprehensive income (loss)		9,317			(1,230	)		—	(1)		4		8,091
Net current-period other comprehensive income (loss)		9,317			1,248			(17,086	)		43		(6,478	)
Ending balance as of June 30, 2013	$	(256,725	)	$	(2,955	)	$	(18,588	)	$	940	$	(277,328	)

(1)

Foreign currency translation adjustments are reclassified from accumulated other comprehensive income (loss) upon sale or substantially complete liquidation of an investment in a foreign entity.

        The following table presents amounts reclassified out of each component of accumulated other comprehensive income (loss) for the six months ended June 30, 2013 (in thousands).

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)			Affected Line Item in the Condensed Consolidated Statements of Operations
Gains and losses on cash flow hedges:
Interest rate swaps	$	(1,991	)	Interest expense
		(1,991	)	Income (loss) from continuing
				operations before income tax
				expense (benefit)
		(761	)	Income tax expense (benefit)
	$	(1,230	)	Net income (loss)
Amortization of pension and postretirement benefit plans:
Prior service cost	$	746		(a)
Net actuarial loss		14,336		(a)
		15,082		Income (loss) from continuing
				operations before income tax
				expense (benefit)
		5,765		Income tax expense (benefit)
	$	9,317		Net income (loss)
Gains and losses on available-for-sale securities	$	4		Other income (loss)
		4		Income (loss) from continuing
				operations before income tax
				expense (benefit)
		—		Income tax expense (benefit)
	$	4		Net income (loss)
Total reclassifications for the period	$	8,091		Net income (loss)

(a)

Amortization of pension benefit items is included in cost of sales (exclusive of depreciation and depletion) and selling, general and administrative expense while amortization of postretirement benefit items is included in postretirement benefits within the Condensed Consolidated Statements of Operations.