Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2014

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 months ended March 31, 2014, net of tax (in thousands).

	Pension and other postretirement plans			Unrealized gain/(loss) on hedges			Foreign currency translation adjustment			Total
Beginning balance as of December 31, 2013	$	(165,150	)	$	(1,679	)	$	4,571		$	(162,258	)
Other comprehensive income (loss) before reclassifications		—			1,303			2,164			3,467
Amounts reclassified from accumulated other comprehensive income (loss)		3,519			376			—	(1)		3,895
Net current-period other comprehensive income (loss)		3,519			1,679			2,164			7,362
Ending balance as of March 31, 2014	$	(161,631	)	$	—		$	6,735		$	(154,896	)

(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 three months ended March 31, 2014 (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	$	(1,095	)	Interest expense
Interest rate swaps (ineffective portion)		1,701		Other loss
		606		Total before tax
		(230	)	Income tax benefit
	$	376		Net of tax
Amortization of pension and postretirement benefit plans:
Prior service cost	$	368		(a)
Net actuarial loss		4,534		(a)
Settlement loss		784		(a)
		5,686		Total before tax
		(2,167	)	Income tax benefit
	$	3,519		Net of tax

(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.