Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2014

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in the balance of accumulated other comprehensive income (loss) for the three months ended March 31, 2014 and 2013. Defined benefit pension and postretirement plan items are the only component of our accumulated comprehensive income (loss). All amounts in the following table are presented net of tax.

	Three Months Ended
	March 31,
	2014			2013
(in thousands)
Beginning balance	$	(2,533	)	$	(5,062	)
Other comprehensive loss before reclassifications	—			(6		)
Amounts reclassified from accumulated other comprehensive loss	31			55
Net current-period other comprehensive income	31			49
Ending balance	$	(2,502	)	$	(5,013	)

The following table presents amounts reclassified out of accumulated other comprehensive loss for the three months ended March 31, 2014 and 2013:

	Three Months Ended
	March 31,
	2014			2013
(in thousands)
Amortization of defined benefit pension and postretirement plan items:
Prior service cost (1)	$	14		$	14
Net loss (1)	(66		)	(106		)
Total before income taxes	(52		)	(92		)
Income tax benefit	21			37
Net of tax	$	(31	)	$	(55	)

⁽¹⁾ These amounts are included in the computation of net periodic costs (benefits). See Note 9, Employee Benefit Plans, for additional details.

Amortization of defined benefit pension and postretirement plan items are included in operations expense in the accompanying condensed consolidated statements of income. The income tax benefit is included in income tax expense in the accompanying condensed consolidated statements of income.