Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2017

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

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The other comprehensive income consists of the following components:

	Three Months Ended March 31
	2017									2016
	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	$	13,668		$	—		$	13,668		$	3,845		$	—		$	3,845
Unrealized gains (losses) on available-for-sale securities:
Unrealized gains for the period, net	9,558			(3,823		)	5,735			343			(137		)	206
Reclassification of realized gain on sale of available-for-sale securities included in net income	—			—			—			(1,754		)	701			(1,053		)
	9,558			(3,823		)	5,735			(1,411		)	564			(847		)
Pension and other postretirement plans:
Amortization of net prior service cost included in net income	120			(48		)	72			104			(41		)	63
Amortization of net actuarial (gain) loss included in net income	(1,823		)	729			(1,094		)	290			(116		)	174
	(1,703		)	681			(1,022		)	394			(157		)	237
Cash flow hedge:
Loss for the period	(124		)	25			(99		)	—			—			—
Other Comprehensive Income	$	21,399		$	(3,117	)	$	18,282		$	2,828		$	407		$	3,235

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, 2016	$	(26,998	)	$	92,931	$	170,830		$	(277	)	$	236,486
Other comprehensive income (loss) before reclassifications	13,668			5,735		—			(124		)	19,279
Net amount reclassified from accumulated other comprehensive income (loss)	—			—		(1,022		)	25			(997		)
Other comprehensive income (loss), net of tax	13,668			5,735		(1,022		)	(99		)	18,282
Balance as of March 31, 2017	$	(13,330	)	$	98,666	$	169,808		$	(376	)	$	254,768

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

	Three Months Ended   March 31						Affected Line Item in the Condensed Consolidated Statement of Operations
(in thousands)	2017			2016
Unrealized Gains on Available-for-sale Securities:
Realized gain for the period	$	—		$	(1,754	)	Other income, net
	—			701			Provision for Income Taxes
	—			(1,053		)	Net of Tax
Pension and Other Postretirement Plans:
Amortization of net prior service cost	120			104			(1)
Amortization of net actuarial (gain) loss	(1,823		)	290			(1)
	(1,703		)	394			Before tax
	681			(157		)	Provision for Income Taxes
	(1,022		)	237			Net of Tax
Cash Flow Hedge
	31			—			Interest expense
	(6		)	—			Provision for Income Taxes
	25			—			Net of Tax
Total reclassification for the period	$	(997	)	$	(816	)	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 8).