Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2014

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months endedJune 30, 2014:

(In Thousands)	Foreign currency translation adjustment			Gain (loss) on derivative financial instruments			Pension and other post-retirement benefit adjustments			Total
Beginning balance, January 1, 2014	$	(19,205	)	$	765		$	(71,848	)	$	(90,288	)
Other comprehensive income (loss) before reclassifications	9,240			302			—			9,542
Amounts reclassified from accumulated other comprehensive income (loss)	—			(29		)	3,480			3,451
Net other comprehensive income (loss) - current period	9,240			273			3,480			12,993
Ending balance, June 30, 2014	$	(9,965	)	$	1,038		$	(68,368	)	$	(77,295	)

The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months endedJune 30, 2013:

(In Thousands)	Foreign currency translation adjustment			Gain (loss) on derivative financial instruments			Pension and other post-retirement benefit adjustments			Total
Beginning balance, January 1, 2013	$	131		$	993		$	(103,471	)	$	(102,347	)
Other comprehensive income (loss) before reclassifications	(12,880		)	(633		)	—			(13,513		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			93			4,625			4,718
Net other comprehensive income (loss) - current period	(12,880		)	(540		)	4,625			(8,795		)
Ending balance, June 30, 2013	$	(12,749	)	$	453		$	(98,846	)	$	(111,142	)

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended June 30, 2014 are summarized as follows:

(In Thousands)	Amount reclassified from other comprehensive income			Location of gain (loss) reclassified from accumulated other comprehensive income to net income
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes	$	83		Cost of sales
Foreign currency forward contracts, before taxes	—
Total, before taxes	83
Income tax expense (benefit)	31			Income taxes
Total, net of tax	$	52
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes	$	(2,737	)	(a)
Income tax expense (benefit)	(997		)	Income taxes
Total, net of tax	$	(1,740	)

(a) This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 10 for additional detail).

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the six months endedJune 30, 2014 are summarized as follows:

(In Thousands)	Amount reclassified from other comprehensive income			Location of gain (loss) reclassified from accumulated other comprehensive income to net income
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes	$	46		Cost of sales
Foreign currency forward contracts, before taxes	—
Total, before taxes	46
Income tax expense (benefit)	17			Income taxes
Total, net of tax	$	29
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes	$	(5,474	)	(a)
Income tax expense (benefit)	(1,994		)	Income taxes
Total, net of tax	$	(3,480	)

(a) This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 10 for additional detail).

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended June 30, 2013 are summarized as follows:

(In Thousands)	Amount reclassified from other comprehensive income			Location of gain (loss) reclassified from accumulated other comprehensive income to net income
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes	$	(191	)	Cost of sales
Foreign currency forward contracts, before taxes	—
Total, before taxes	(191		)
Income tax expense (benefit)	(72		)	Income taxes
Total, net of tax	$	(119	)
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes	$	(3,649	)	(a)
Income tax expense (benefit)	(1,337		)	Income taxes
Total, net of tax	$	(2,312	)

(a) This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 10 for additional detail).

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the six months endedJune 30, 2013 are summarized as follows:

(In Thousands)	Amount reclassified from other comprehensive income			Location of gain (loss) reclassified from accumulated other comprehensive income to net income
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes	$	(149	)	Cost of sales
Foreign currency forward contracts, before taxes	—
Total, before taxes	(149		)
Income tax expense (benefit)	(56		)	Income taxes
Total, net of tax	$	(93	)
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes	$	(7,298	)	(a)
Income tax expense (benefit)	(2,673		)	Income taxes
Total, net of tax	$	(4,625	)

(a) This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 10 for additional detail).