XML 68 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss)
9 Months Ended
Sep. 30, 2012
Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss)
Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss)
Comprehensive income (loss) for the periods ended September 30, 2012 and 2011 were as follows:

 
Three Months Ended
 
Nine Months Ended
(Dollars in thousands)
September 30,
2012
 
September 30,
2011
 
September 30,
2012
 
September 30,
2011
Income (loss) from continuing operations
$
58,976

 
$
15,661

 
$
63,730

 
$
40,155

Foreign currency translation adjustments
5,416

 
(19,956
)
 
532

 
1,304

Pension and other post retirement benefits
2,023

 

 
2,023

 

Unrealized gain (loss) on marketable securities, net of tax of $0 and $1,555 for the three and nine months ended September 30, 2012

 
(533
)
 
1,168

 
(31
)
Unrealized gain (loss) on derivative instruments, net of tax of $0 and $0 for the three and nine months ended September 30, 2012
(296
)
 
(700
)
 
(85
)
 
(700
)
Comprehensive income (loss)
$
66,119

 
$
(5,528
)
 
$
67,368

 
$
40,728


The components of accumulated other comprehensive income (loss) at September 30, 2012 and December 31, 2011 were as follows:

(Dollars in thousands)
September 30,
2012
 
December 31,
2011
Foreign currency translation adjustments
$
6,407

 
$
5,875

Funded status of pension plans and other postretirement benefits, net of tax of $20,799 in both periods
(65,216
)
 
(67,239
)
Unrealized gain (loss) on derivative instruments, net of tax of $0 and $0
(355
)
 
(270
)
Unrealized gain (loss) on marketable securities, net of tax of $0 and $1,555

 
(1,168
)
Accumulated other comprehensive income (loss)
$
(59,164
)
 
$
(62,802
)