ACCUMULATED OTHER COMPREHENSIVE INCOME LOSS

3 Months Ended

Mar. 31, 2013

Comprehensive Income [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME LOSS

14.ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The cumulative balance of each component of accumulated other comprehensive (loss) income, net of tax, is as follows:

		(In thousands)
			Foreign currency translation adjustments, net		Total pension and postretirement adjustments, net		Accumulated other comprehensive loss
December 31, 2011		$	39,768	$	(104,899)	$	(65,131)
	Current period other comprehensive income		25,954		(16,331)		9,623
December 31, 2012		$	65,722	$	(121,230)	$	(55,508)
	Other comprehensive income (loss) before reclassifications (1)		(31,805)		64		(31,741)
	Amounts reclassified from accumulated other comprehensive loss (1)		-		2,722		2,722
Net current period other comprehensive income (loss)			(31,805)		2,786		(29,019)
March 31, 2013		$	33,917	$	(118,444)	$	(84,527)

• All amounts are after tax.

Details of amounts reclassified from accumulated other comprehensive income (loss) are below:

		(In thousands)
				Amount reclassified from Accumulated other comprehensive income (loss)	Affected line item in the statement where net earnings is presented
Defined benefit pension plan
	Amortization of prior service costs			(143)	(1)
	Amortization of actuarial losses			(4,112)	(1)
				(4,255)	Total before tax
				1,533	Income tax benefit
Total reclassifications			$	(2,722)	Net of tax

• These items are included in the computation of net periodic pension cost. See Note 11, Pension and Other Postretirement Benefit Plans.