Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2013

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 21. Accumulated Other Comprehensive Income (Loss)

The Company presents data in the Consolidated Statements of Changes in Shareholders’ Equity in accordance with ASC 220 “Comprehensive Income” (“ASC 220”). ASC 220 establishes rules for the reporting of comprehensive income (loss) and its components. The components of accumulated other comprehensive income (loss) consist of the following (in thousands):

	Foreign Currency Translation Gain (Loss)			Unrealized (Loss) on Net Investment Hedge			Unrealized Actuarial Gain (Loss) Related to Pension Liability			Unrealized Gain (Loss) on Cash Flow Hedging Instruments			Unrealized Gain (Loss) on Post Retirement Obligation			Total
Balance at January 1, 2011	$	13,992		$	(2,565	)	$	1,189		$	2,146		$	346		$	15,108
Pre-tax amount		(7,613	)		—			(184	)		(1,482	)		153			(9,126	)
Tax (provision) benefit		—			—			34			759			—			793
Reclassification of (gain) loss to net income		(389	)		—			(55	)		(1,855	)		(40	)		(2,339	)
Foreign currency translation		5			—			1			(6	)		—			—
Balance at December 31, 2011		5,995			(2,565	)		985			(438	)		459			4,436
Pre-tax amount		9,516			—			499			4,417			92			14,524
Tax (provision) benefit		—			—			(90	)		(306	)		—			(396	)
Reclassification of (gain) loss to net income		570			—			(48	)		(4,174	)		(56	)		(3,708	)
Foreign currency translation		2			—			67			(69	)		—			—
Balance at December 31, 2012		16,083			(2,565	)		1,413			(570	)		495			14,856
Pre-tax amount		(3,465	)		(1,720	)		(136	)		(2,704	)		(127	)		(8,152	)
Tax (provision) benefit		—			602			16			449			—			1,067
Reclassification of (gain) loss to net income		—			—			(41	)		321			(54	)		226
Foreign currency translation		133			—			(102	)		(31	)		—			—
Balance at December 31, 2013	$	12,751		$	(3,683	)	$	1,150		$	(2,535	)	$	314		$	7,997

The following table summarizes the amounts reclassified to net income from accumulated other comprehensive income (loss) and the associated line item in the accompanying Consolidated Statement of Operations (in thousands):

	Year Ended December 31, 2013			Statement of Operations Location
Actuarial Gain (Loss) Related to Pension Liability: (1)
Pre-tax amount	$	60		Direct salaries and related costs
Tax (provision) benefit		(19	)	Income taxes
Reclassification to net income		41
Gain (Loss) on Cash Flow Hedging Instruments: (2)
Pre-tax amount		(547	)	Revenues
Tax (provision) benefit		226		Income taxes
Reclassification to net income		(321	)
Gain (Loss) on Post Retirement Obligation: (1)
Pre-tax amount		54		General and administrative
Tax (provision) benefit		—		Income taxes
Reclassification to net income		54
Total reclassification of gain (loss) to net income	$	(226	)

⁽¹⁾ See Note 25, Defined Benefit Pension Plan and Postretirement Benefits, for further information.

⁽²⁾ See Note 12, Financial Derivatives, for further information.

Except as discussed in Note 22, Income Taxes, earnings associated with the Company’s investments in its subsidiaries are considered to be indefinitely invested and no provision for income taxes on those earnings or translation adjustments have been provided.