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Comprehensive Income
12 Months Ended
Dec. 31, 2015
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest [Abstract]  
Comprehensive Income

18. COMPREHENSIVE INCOME

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

 

 

 

For the years ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

(in thousands)

 

Currency Translation

 

 

Pension Plan and SERP Liability

 

 

Currency Translation

 

 

Pension Plan and SERP Liability

 

 

Currency Translation

 

 

Pension Plan and SERP Liability

 

AOCI beginning period balance

 

$

(25,122

)

 

$

(32,769

)

 

$

12,449

 

 

$

(24,978

)

 

$

5,645

 

 

$

(44,507

)

Other comprehensive (loss) income before reclassifications

 

 

(73,117

)

 

 

2,653

 

 

 

(37,571

)

 

 

(13,291

)

 

 

6,804

 

 

 

13,862

 

Amounts reclassified from AOCI

 

 

 

 

 

(1,878

)

 

 

 

 

 

5,500

 

 

 

 

 

 

5,667

 

Net current-period other comprehensive (loss) income

 

 

(73,117

)

 

 

775

 

 

 

(37,571

)

 

 

(7,791

)

 

 

6,804

 

 

 

19,529

 

AOCI end of period balance

 

$

(98,239

)

 

$

(31,994

)

 

$

(25,122

)

 

$

(32,769

)

 

$

12,449

 

 

$

(24,978

)

 

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

Amounts reclassified to net earnings for Pension Plan and SERP liability adjustments relate to the amortization of actuarial losses and settlement charges. These amounts are included within selling, general and administrative in our consolidated statements of operations (see Note 17 - Employee Benefit Plans).