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Stockholders' Equity and Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2013
Stockholders' Equity and Accumulated Other Comprehensive Loss  
Schedule of components of accumulated other comprehensive loss, net of related taxes

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

 

 

Foreign

 

Unrealized

 

Unrealized

 

 

 

 

 

 

 

Currency

 

Gain (Loss)

 

Loss on  

 

Unrecognized

 

 

 

 

 

Translation

 

on

 

Cash Flow

 

Pension

 

 

 

(Thousands of dollars)

 

Adjustment

 

Investments

 

Hedges  

 

Cost

 

Total

 

Balance December 31, 2011

 

$

(93,669)

 

$

(311)

 

$

-

 

$

(62,085)

 

$

(156,065

)

Balance December 31, 2012

 

$

(109,457)

 

$

2,232

 

$

(113)

 

$

(64,206)

 

$

(171,544

)

Other comprehensive income (loss) before reclassifications

 

(45,956)

 

(1,124)

 

-

 

32,938

 

(14,142

)

Amounts reclassified from accumulated other comprehensive income (loss)

 

-

 

(627)(1)

 

-

 

4,516(2)

 

3,889

 

Net current-period other comprehensive income (loss)

 

(45,956)

 

(1,751)

 

-

 

37,454

 

(10,253

)

Balance December 31, 2013

 

$

(155,413)

 

$

481

 

$

(113)

 

$

(26,752)

 

$

(181,797

)

(1) This represents realized gains on the sale of available-for-sale securities and was recorded in other investment income, net.

(2) This primarily represents the amortization of actuarial losses that were included in net periodic pension cost and was recorded in operating income.  See Note 10 for further discussion.