Comprehensive Income

9 Months Ended

Sep. 30, 2014

Accumulated Other Comprehensive Income [Abstract]

Comprehensive Income [Text Block]

15. Comprehensive Income

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

( in thousands)	Three months ended						Nine months ended
	September 30,						September 30,
	Currency			Pension			Currency			Pension
	Translation			Liability			Translation			Liability
	Adjustments			Adjustments			Adjustments			Adjustments
AOCI beginning period balance	$	17,658		$	(24,029	)	$	12,449		$	(24,978	)
Other comprehensive income (loss) before reclassifications		(18,215	)		45			(13,006	)		45
Amounts reclassified from AOCI					473						1,422
Net current-period other comprehensive income (loss)		(18,215	)		518			(13,006	)		1,467
AOCI balance as of September 30, 2014	$	(557	)	$	(23,511	)	$	(557	)	$	(23,511	)

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

Amounts reclassified to net earnings for pension liability adjustments relate to the amortization of actuarial losses. These amounts are included within the “Selling, general and administrative” caption on our condensed consolidated statement of operations and totaled $0.8 million for the third quarter 2014 and $2.3 million for the year-to-date period of 2014 (see Note 14 Employee Benefit Plans for further information).

Changes in the AOCI balance by component consisted of the following for the respective periods of 2013:

( in thousands)	Three months ended						Nine months ended
	September 30,						September 30,
	Currency			Pension			Currency			Pension
	Translation			Liability			Translation			Liability
	Adjustments			Adjustments			Adjustments			Adjustments
AOCI beginning period balance	$	(19,747	)	$	(42,525	)	$	5,645		$	(44,507	)
Other comprehensive income (loss) before reclassifications		23,429			(61	)		(1,963	)		(61	)
Amounts reclassified from AOCI					905						2,887
Net current-period other comprehensive income (loss)		23,429			844			(1,963	)		2,826
AOCI balance as of September 30, 2013	$	3,682		$	(41,681	)	$	3,682		$	(41,681	)

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

Amounts reclassified to net earnings for pension liability adjustments totaled $1.4 million for the third quarter 2013 and $4.5 million for the year-to-date period of 2013.