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Comprehensive Income (Tables)
3 Months Ended
Mar. 31, 2014
Accumulated Other Comprehensive Income [Abstract]  
Schedule of accumulated other comprehensive income (loss)

Changes in the accumulated other comprehensive income or loss (“AOCI”) balance by component consisted of the following for the first quarter of 2014:

 

( in thousands)  Three months ended 
   March 31, 
   Currency   Pension 
   Translation   Liability 
   Adjustments   Adjustments 

AOCI beginning period balance

  $12,449    $(24,978
  

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications

   3,252    

Amounts reclassified from AOCI

     449  
  

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

   3,252     449  
  

 

 

   

 

 

 

AOCI balance as of March 31, 2014

  $15,701    $(24,529
  

 

 

   

 

 

 

Amounts reported in the table above are net of income tax.

Changes in the AOCI balance by component consisted of the following for the first quarter of 2013:

 

( in thousands)  Three months ended 
   March 31, 
   Currency  Pension 
   Translation  Liability 
   Adjustments  Adjustments 

AOCI beginning period balance

  $5,645   $(44,507
  

 

 

  

 

 

 

Other comprehensive income (loss) before reclassifications

   (29,086 

Amounts reclassified from AOCI

    1,030  
  

 

 

  

 

 

 

Net current-period other comprehensive income (loss)

   (29,086  1,030  
  

 

 

  

 

 

 

AOCI balance as of March 31, 2013

  $(23,441 $(43,477