ACCUMULATED OTHER COMPREHENSIVE INCOME

9 Months Ended

Jun. 30, 2014

ACCUMULATED OTHER COMPREHENSIVE INCOME

ACCUMULATED OTHER COMPREHENSIVE INCOME

10. ACCUMULATED OTHER COMPREHENSIVE INCOME

The changes in each component of accumulated other comprehensive income (loss) were as follows:

	Three months ended						Nine months ended
	June 30,						June 30,
	2014			2013			2014			2013
Foreign currency translation:
Beginning accumulated foreign currency translation	$	2,000,000		$	4,050,000		$	3,701,000		$	5,020,000
Change in cumulative translation adjustment before reclassifications	579,000			(867,000		)	(1,074,000		)	(1,837,000		)
Amounts reclassified from accumulated other comprehensive income	(223,000		)	-			(271,000		)	-
Income taxes	-			-			-			-
Ending accumulated foreign currency translation	2,356,000			3,183,000			2,356,000			3,183,000
Retirement plans:
Beginning accumulated retirement plans benefit cost	(694,000		)	(2,568,000		)	(710,000		)	(2,698,000		)
Amortization of prior service cost	3,000			34,000			9,000			102,000
Amortization of net actuarial (gain) loss	(6,000		)	30,000			4,000			92,000
Income taxes	-			-			-			-
Ending accumulated retirement plans benefit cost	(697,000		)	(2,504,000		)	(697,000		)	(2,504,000		)
Accumulated other comprehensive income, net of taxes	$	1,659,000		$	679,000		$	1,659,000		$	679,000

The realized foreign currency transaction gain related to the repayment of debt was reclassified from accumulated other comprehensive income to “Gas processing and other” income on the accompanying Condensed Consolidated Statement of Operations. The amortization of accumulated other comprehensive loss components for the retirement plans are included in the computation of net periodic benefit cost which is a component of “General and administrative” expenses on the accompanying Condensed Consolidated Statement of Operations (see Note 7 for additional details).