Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2016

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The other comprehensive income (loss) consists of the following components:

	Three Months Ended September 30
	2016									2015
	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	$	(353	)	$	—		$	(353	)	$	(10,548	)	$	—		$	(10,548	)
Adjustment for sales of businesses with foreign operations	—			—			—			6,026			—			6,026
	(353		)	—			(353		)	(4,522		)	—			(4,522		)
Unrealized gains on available-for-sale securities:
Unrealized gains for the period, net	12,154			(4,862		)	7,292			3,836			(1,535		)	2,301
Pension and other postretirement plans:
Amortization of net prior service cost included in net income	105			(41		)	64			68			(27		)	41
Amortization of net actuarial loss (gain) included in net income	289			(116		)	173			(5,676		)	2,271			(3,405		)
Curtailment gains included in net income	—			—			—			51			(21		)	30
Curtailment and settlement included in distribution to Cable ONE	—			—			—			1,403			(561		)	842
	394			(157		)	237			(4,154		)	1,662			(2,492		)
Cash flow hedge:
Gain for the period	49			(20		)	29			—			—			—
Other Comprehensive Income (Loss)	$	12,244		$	(5,039	)	$	7,205		$	(4,840	)	$	127		$	(4,713	)

	Nine Months Ended September 30
	2016									2015
	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	$	(1,629	)	$	—		$	(1,629	)	$	(17,387	)	$	—		$	(17,387	)
Adjustment for sales of businesses with foreign operations	—			—			—			5,501			—			5,501
	(1,629		)	—			(1,629		)	(11,886		)	—			(11,886		)
Unrealized gains (losses) on available-for-sale securities:
Unrealized gains (losses) for the period, net	7,190			(2,876		)	4,314			(16,497		)	6,599			(9,898		)
Reclassification of realized gain on sale of available-for-sale securities included in net income	(6,256		)	2,502			(3,754		)	—			—			—
	934			(374		)	560			(16,497		)	6,599			(9,898		)
Pension and other postretirement plans:
Amortization of net prior service cost included in net income	314			(125		)	189			207			(82		)	125
Amortization of net actuarial loss (gain) included in net income	868			(347		)	521			(4,419		)	1,768			(2,651		)
Curtailment gains included in net income	—			—			—			51			(21		)	30
Curtailment and settlement included in distribution to Cable ONE	—			—			—			1,403			(561		)	842
	1,182			(472		)	710			(2,758		)	1,104			(1,654		)
Cash flow hedge:
Gain for the period	49			(20		)	29			179			(71		)	108
Other Comprehensive Income (Loss)	$	536		$	(866	)	$	(330	)	$	(30,962	)	$	7,632		$	(23,330	)

The accumulated balances related to each component of other comprehensive income (loss) 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, 2015	$	(4,849	)	$	58,500		$	261,029	$	—		$	314,680
Other comprehensive (loss) income before reclassifications	(1,629		)	4,314			—		31			2,716
Net amount reclassified from accumulated other comprehensive income	—			(3,754		)	710		(2		)	(3,046		)
Other comprehensive (loss) income, net of tax	(1,629		)	560			710		29			(330		)
Balance as of September 30, 2016	$	(6,478	)	$	59,060		$	261,739	$	29		$	314,350

The amounts and line items of reclassifications out of Accumulated Other Comprehensive Income (Loss) are as follows:

	Three Months Ended   September 30						Nine Months Ended   September 30						Affected Line Item in the Condensed Consolidated Statement of Operations
(in thousands)	2016			2015			2016			2015
Foreign Currency Translation Adjustments:
Adjustment for sales of businesses with foreign operations	$	—		$	6,026		$	—		$	5,501		Other (expense) income, net
Unrealized Gains on Available-for-sale Securities:
Realized gain for the period	—			—			(6,256		)	—			Other (expense) income, net
	—			—			2,502			—			Provision (Benefit) for Income Taxes
	—			—			(3,754		)	—			Net of Tax
Pension and Other Postretirement Plans:
Amortization of net prior service cost	105			68			314			207			(1)
Amortization of net actuarial loss (gain)	289			(5,676		)	868			(4,419		)	(1)
Curtailment gains	—			51			—			51			(1)
	394			(5,557		)	1,182			(4,161		)	Before tax
	(157		)	2,223			(472		)	1,665			Provision (Benefit) for Income Taxes
	237			(3,334		)	710			(2,496		)	Net of Tax
Cash Flow Hedge
	(3		)	—			(3		)	132			Interest expense
	1			—			1			(53		)	Provision (Benefit) for Income Taxes
	(2		)	—			(2		)	79			Net of Tax
Total reclassification for the period	$	235		$	2,692		$	(3,046	)	$	3,084		Net of Tax

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(1) These accumulated other comprehensive income components are included in the computation of net periodic pension and postretirement plan cost (see Note 10).