Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2017

Components of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) attributable to Fairmount Santrol Holdings Inc. at March 31, 2017 and December 31, 2016 were as follows:

	March 31, 2017
	Gross			Tax Effect		Net Amount
Foreign currency translation	$	(10,843	)	$	1,795	$	(9,048	)
Additional pension liability		(3,528	)		1,291		(2,237	)
Unrealized gain (loss) on interest rate hedges		(11,533	)		4,135		(7,398	)
	$	(25,904	)	$	7,221	$	(18,683	)

	December 31, 2016
	Gross			Tax Effect		Net Amount
Foreign currency translation	$	(10,804	)	$	2,533	$	(8,271	)
Additional pension liability		(3,589	)		1,291		(2,298	)
Unrealized gain (loss) on interest rate hedges		(13,146	)		4,713		(8,433	)
	$	(27,539	)	$	8,537	$	(19,002	)

Changes in Accumulated Other Comprehensive Income by Component

The following table presents the changes in accumulated other comprehensive income by component for the three months ended March 31, 2017:

	Three Months Ended March 31, 2017
							Unrealized
	Foreign			Additional			gain (loss)
	currency			pension			on interest
	translation			liability			rate hedges			Total
Beginning balance	$	(8,271	)	$	(2,298	)	$	(8,433	)	$	(19,002	)
Other comprehensive income (loss)
before reclassifications		(777	)		-			30			(747	)
Amounts reclassified from accumulated
other comprehensive income (loss)		-			61			1,005			1,066
Ending balance	$	(9,048	)	$	(2,237	)	$	(7,398	)	$	(18,683	)

Reclassifications out of Accumulated Other Comprehensive Income

The following table presents the reclassifications out of accumulated other comprehensive income during the three months ended March 31, 2017:

	Amount reclassified
	from accumulated
Details about accumulated other	other comprehensive			Affected line item on
comprehensive income	income			the statement of income
Change in fair value of derivative swap agreements
Interest rate hedging contracts	$	1,566		Interest expense
Tax effect		(561	)	Tax expense (benefit)
	$	1,005		Net of tax
Amortization of pension obligations
Prior service cost	$	-		Cost of sales
Actuarial losses		61		Cost of sales
		61		Total before tax
Tax effect		-		Tax expense
		61		Net of tax
Total reclassifications for the period	$	1,066		Net of tax