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 (loss) before reclassifications		69,493		—		(9,237)		60,256
Amounts reclassified from accumulated other comprehensive income		—		2,699		5,667		8,366
Net current-period other comprehensive income		69,493		2,699		(3,570)		68,622
Balance - September 30, 2017	$	(190,395)	$	(57,076)	$	(3,616)	$	(251,087)

Balance - December 31, 2017	$	(185,503)	$	(64,595)	$	(3,204)	$	(253,302)
Other comprehensive income (loss) before reclassifications		(53,141)		—		12,507		(40,634)
Amounts reclassified from accumulated other comprehensive income		—		4,032		(11,444)		(7,412)
Net current-period other comprehensive income		(53,141)		4,032		1,063		(48,046)
Balance - September 30, 2018	$	(238,644)	$	(60,563)	$	(2,141)	$	(301,348)

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 September 30,	2018		2017

Defined Benefit Pension Plans
Amortization of net loss	$	1,636	$	1,294	(1)
Amortization of prior service cost		122		104	(1)
		1,758		1,398	Total before tax
		(425)		(474)	Tax benefit
	$	1,333	$	924	Net of tax
Derivatives
Changes in treasury locks	$	4	$	11	Interest Expense
Changes in cross currency swap: interest component		(1,337)		(678)	Interest Expense
Changes in cross currency swap: foreign exchange component		(2,131)		7,481	Miscellaneous, net
		(3,464)		6,814	Total before tax
		588		(1,161)	Tax benefit
	$	(2,876)	$	5,653	Net of tax
Total reclassifications for the period	$	(1,543)	$	6,577


	Amount Reclassified from
Details about Accumulated Other	Accumulated Other				Affected Line in the Statement
Comprehensive Income Components	Comprehensive Income				Where Net Income is Presented
Nine Months Ended September 30,	2018		2017

Defined Benefit Pension Plans
Amortization of net loss	$	4,943	$	3,803	(1)
Amortization of prior service cost		376		296	(1)
		5,319		4,099	Total before tax
		(1,287)		(1,400)	Tax benefit
	$	4,032	$	2,699	Net of tax
Derivatives
Changes in treasury locks	$	26	$	32	Interest Expense
Changes in cross currency swap: interest component		(3,824)		(678)	Interest Expense
Changes in cross currency swap: foreign exchange component		(9,984)		7,481	Miscellaneous, net
		(13,782)		6,835	Total before tax
		2,338		(1,168)	Tax benefit
	$	(11,444)	$	5,667	Net of tax
Total reclassifications for the period	$	(7,412)	$	8,366

(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).