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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
ACCUMULATED OTHER COMPREHENSIVE INCOME
The other comprehensive income consists of the following components:
 
  
Three Months Ended March 31
  
2014
 
2013
  
Before-Tax
 
Income
 
After-Tax
 
Before-Tax
 
Income
 
After-Tax
(in thousands)
Amount
 
Tax
 
Amount
 
Amount
 
Tax
 
Amount
Foreign currency translation adjustments:
  
 
  
 
  
 
  
 
  
 
  
Translation adjustments arising during the period
$
746

 
—

 
$
746

 
$
(4,191
)
 
—

 
$
(4,191
)
Unrealized gains on available-for-sale securities:
 
 
  
 
  
 
  
 
  
 
  
Unrealized gains for the period, net
27,738

 
(11,096
)
 
16,642

 
49,078

 
(19,631
)
 
29,447

Reclassification adjustment for write-down and realization of loss (gain) on sale of available-for-sale securities included in net income
785

 
(314
)
 
471

 
(551
)
 
220

 
(331
)
  
28,523

 
(11,410
)
 
17,113

 
48,527

 
(19,411
)
 
29,116

Pension and other postretirement plans:
  
 
  
 
  
 
  
 
  
 
  
Amortization of net prior service credit included in net income
(102
)
 
40

 
(62
)
 
(437
)
 
175

 
(262
)
Amortization of net actuarial (gain) loss included in net income
(7,182
)
 
2,873

 
(4,309
)
 
2,317

 
(927
)
 
1,390

Settlement gain included in net income
—

 
—

 
—

 
(3,471
)
 
1,388

 
(2,083
)
  
(7,284
)
 
2,913

 
(4,371
)
 
(1,591
)
 
636

 
(955
)
Cash flow hedge:
 
 
  
 
  
 
  
 
  
 
  
Gain for the period
172

 
(69
)
 
103

 
30

 
(12
)
 
18

Other Comprehensive Income
$
22,157

 
$
(8,566
)
 
$
13,591

 
$
42,775

 
$
(18,787
)
 
$
23,988


The accumulated balances related to each component of other comprehensive income are as follows:
(in thousands, net of taxes)
Cumulative
Foreign
Currency
Translation
Adjustment
 
Unrealized Gain
on Available-for-
Sale Securities
 
Unrealized Gain
on Pensions
and Other
Postretirement
Plans
 
Cash Flow
Hedge
 
Accumulated
Other
Comprehensive
Income
Balance as of December 31, 2013
$
25,013

 
$
173,663

 
$
501,446

 
$
(628
)
 
$
699,494

Other comprehensive income (loss) before reclassifications
746

 
16,642

 
—

 
(24
)
 
17,364

Net amount reclassified from accumulated other comprehensive income
—

 
471

 
(4,371
)
 
127

 
(3,773
)
Other comprehensive income, net of tax
746

 
17,113

 
(4,371
)
 
103

 
13,591

Balance as of March 31, 2014
$
25,759

 
$
190,776

 
$
497,075

 
$
(525
)
 
$
713,085


The amounts and line items of reclassifications out of Accumulated Other Comprehensive Income are as follows:
  
Three Months Ended 
 March 31
 
Affected Line Item in the Condensed Consolidated Statement of Operations
  
 
(in thousands)
2014
 
2013
 
Unrealized Gains on Available-for-sale Securities:
  
 
  
 
  
Realized loss (gains) for the period
$
785

 
$
(551
)
 
Other income (expense), net
  
(314
)
 
220

 
Provision for Income Taxes
  
471

 
(331
)
 
Net of Tax
Pension and Other Postretirement Plans:
 
 
  
 
  
Amortization of net prior service credit
(102
)
 
(437
)
 
(1)
Amortization of net actuarial (gain) loss
(7,182
)
 
2,317

 
(1)
Settlement gain
—

 
(3,471
)
 
(1)
  
(7,284
)
 
(1,591
)
 
Before tax
  
2,913

 
636

 
Provision for Income Taxes
  
(4,371
)
 
(955
)
 
Net of Tax
Cash Flow Hedge
 
 
  
 
  
  
212

 
186

 
Interest expense
  
(85
)
 
(74
)
 
Provision for Income Taxes
  
127

 
112

 
Net of Tax
Total reclassification for the period
$
(3,773
)
 
$
(1,174
)
 
Net of Tax
____________
(1)
These accumulated other comprehensive income components are included in the computation of net periodic pension and postretirement plan cost (see Note 9).