Comprehensive Income and Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2014

Equity [Abstract]

Comprehensive Income and Accumulated Other Comprehensive Income (Loss)

Note 17: Comprehensive Income and Accumulated Other Comprehensive Income (Loss)

The following table summarizes total comprehensive income:

	Years ended December 31,
	2014			2013			2012
	(In thousands)
Net income	$	74,449		$	103,313		$	194,490
Foreign currency translation loss, net of $1.8 million, $2.2 million, and $0.0 million tax, respectively		(10,387	)		(20,720	)		(1,414	)
Foreign currency hedging instruments, net of $0.0 million, $0.0 million, and $1.6 million tax, respectively		—			—			2,467
Adjustments to pension and postretirement liability, net of $3.6 million, $14.0 million, and $3.2 million tax, respectively		(6,463	)		22,104			(8,909	)
Total comprehensive income	$	57,599		$	104,697		$	186,634

The accumulated balances related to each component of other comprehensive income (loss), net of tax, are as follows:

	Foreign Currency Translation Component			Pension and Other Postretirement Benefit Plans			Accumulated Other Comprehensive Income (Loss)
				(In thousands)
Balance at December 31, 2012	$	28,516		$	(59,081	)	$	(30,565	)
Other comprehensive income (loss) before reclassifications		(20,720	)		17,570			(3,150	)
Amounts reclassified from accumulated other comprehensive income (loss)		—			4,534			4,534
Net current period other comprehensive income (loss)		(20,720	)		22,104			1,384
Balance at December 31, 2013		7,796			(36,977	)		(29,181	)
Other comprehensive loss before reclassifications		(10,387	)		(9,120	)		(19,507	)
Amounts reclassified from accumulated other comprehensive income (loss)		—			2,657			2,657
Net current period other comprehensive loss		(10,387	)		(6,463	)		(16,850	)
Balance at December 31, 2014	$	(2,591	)	$	(43,440	)	$	(46,031	)

The following table summarizes the effects of reclassifications from accumulated other comprehensive income (loss):

	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)			Affected Line Item in the Consolidated Statements of Operations and Comprehensive Income
	(In thousands)
Amortization of pension and other postretirement benefit plan items:
Actuarial losses	$	4,469			(1	)
Prior service credit		(148	)		(1	)
Total before tax		4,321
Tax benefit		(1,664	)
Total net of tax	$	2,657

(1) The amortization of these accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit costs (see Note 16).