Accumulated Other Comprehensive Earnings (Loss)

3 Months Ended

Mar. 31, 2017

Accumulated Other Comprehensive Earnings (Loss)

Accumulated Other Comprehensive Earnings (Loss)

Note 7 — Accumulated Other Comprehensive Earnings (Loss)

Accumulated Other Comprehensive Earnings (Loss) consists of the following components:

											Accumulated
	Foreign				Foreign				Postretirement		Other
	Currency				Currency		Commodity		and Pension		Comprehensive
	Translation		Investments		Derivatives		Derivatives		Benefits		Earnings (Loss)
Balance at December 31, 2016	$	(25,460)	$	(697)	$	(76)	$	1,114	$	4,873	$	(20,246)
Other comprehensive earnings (loss) before reclassifications		2,100		148		15		(366)		4		1,901
Reclassifications from accumulated other comprehensive loss		-		-		16		(732)		(233)		(949)
Other comprehensive earnings (loss) net of tax		2,100		148		31		(1,098)		(229)		952
Balance at March 31, 2017	$	(23,360)	$	(549)	$	(45)	$	16	$	4,644	$	(19,294)
											Accumulated
	Foreign				Foreign				Postretirement		Other
	Currency				Currency		Commodity		and Pension		Comprehensive
	Translation		Investments		Derivatives		Derivatives		Benefits		Earnings (Loss)
Balance at December 31, 2015	$	(21,644)	$	(605)	$	(1,675)	$	173	$	6,387	$	(17,364)
Other comprehensive earnings (loss) before reclassifications		205		312		427		187		-		1,131
Reclassifications from accumulated other comprehensive loss		-		3		387		4		(262)		132
Other comprehensive earnings (loss) net of tax		205		315		814		191		(262)		1,263
Balance at March 31, 2016	$	(21,439)	$	(290)	$	(861)	$	364	$	6,125	$	(16,101)

The amounts reclassified from accumulated other comprehensive income (loss) consisted of the following:

Details about Accumulated Other	Quarter Ended				Location of (Gain) Loss
Comprehensive Income Components	March 31, 2017		March 31, 2016		Recognized in Earnings
Investments	$	-	$	4	Other income, net
Foreign currency derivatives		25		606	Other income, net
Commodity derivatives		(1,147)		7	Product cost of goods sold
Postretirement and pension benefits		(186)		(210)	Selling, marketing and administrative expenses
Postretirement and pension benefits		(179)		(201)	Product cost of goods sold
Total before tax		(1,487)		206
Tax (expense) benefit		538		(74)
Net of tax	$	(949)	$	132