ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

3 Months Ended

Mar. 31, 2018

ACCUMULATED OTHER COMPREHENSIVE INCOME

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

NOTE 8 – ACCUMULATED OTHER COMPREHENSIVE INCOME

Changes in Accumulated Other Comprehensive (Loss) Income by Component:

	Foreign		Defined Benefit
	Currency		Pension Plans		Derivatives		Total
Balance -  December 31, 2016	$	(259,888)	$	(59,775)	$	(46)	$	(319,709)
Other comprehensive income before reclassifications		23,184		—		—		23,184
Amounts reclassified from accumulated other comprehensive income		—		879		7		886
Net current-period other comprehensive income		23,184		879		7		24,070
Balance -  March 31, 2017	$	(236,704)	$	(58,896)	$	(39)	$	(295,639)
Balance -  December 31, 2017	$	(185,503)	$	(64,595)	$	(3,204)	$	(253,302)
Other comprehensive income (loss) before reclassifications		22,924		—		(4,715)		18,209
Amounts reclassified from accumulated other comprehensive income		—		1,356		5,068		6,424
Net current-period other comprehensive income		22,924		1,356		353		24,633
Balance -  March 31, 2018	$	(162,579)	$	(63,239)	$	(2,851)	$	(228,669)

Reclassifications Out of Accumulated Other Comprehensive (Loss) Income:

	Amount Reclassified from
Details about Accumulated Other	Accumulated Other				Affected Line in the Statement
Comprehensive Income Components	Comprehensive Income				Where Net Income is Presented
Three Months Ended March 31,	2018		2017
Defined Benefit Pension Plans
Amortization of net loss	$	1,664	$	1,248	(1)
Amortization of prior service cost		129		94	(1)
		1,793		1,342	Total before tax
		(437)		(463)	Tax benefit
	$	1,356	$	879	Net of tax
Derivatives
Changes in treasury locks	$	11	$	10	Interest Expense
Changes in cross currency swap: interest component		(1,019)		—	Interest Expense
Changes in cross currency swap: foreign exchange component		7,116		—	Miscellaneous, net
		6,108		10	Total before tax
		(1,040)		(3)	Tax benefit
	$	5,068	$	7	Net of tax
Total reclassifications for the period	$	6,424	$	886

(1) These accumulated other comprehensive income components are included in the computation of net periodic benefit costs, net of tax (see Note 7 – Retirement and Deferred Compensation Plans for additional details).