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Other Comprehensive Earnings
6 Months Ended
Jun. 30, 2017
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Other Comprehensive Earnings
14. Other Comprehensive Earnings

The amounts recognized in other comprehensive earnings (loss) were as follows:
 
Three Months Ended
 
Three Months Ended
 
June 30, 2017
 
June 30, 2016
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
13,812

 
$
12,362

 
$
26,174

 
$
(40,417
)
 
$
(1,575
)
 
$
(41,992
)
Pension and other post-retirement benefit plans
3,021

 
(966
)
 
2,055

 
3,701

 
(1,245
)
 
2,456

Changes in fair value of cash flow hedges
(2,642
)
 
925

 
(1,717
)
 
78

 
(27
)
 
51

Other
(657
)
 
79

 
(578
)
 
(507
)
 
59

 
(448
)
Total other comprehensive earnings (loss)
$
13,534

 
$
12,400

 
$
25,934

 
$
(37,145
)
 
$
(2,788
)
 
$
(39,933
)


 
Six Months Ended
 
Six Months Ended
 
June 30, 2017
 
June 30, 2016
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
46,902

 
$
23,044

 
$
69,946

 
$
(33,806
)
 
$
583

 
$
(33,223
)
Pension and other post-retirement benefit plans
6,022

 
(1,927
)
 
4,095

 
7,392

 
(2,486
)
 
4,906

Changes in fair value of cash flow hedges
(2,855
)
 
999

 
(1,856
)
 
(69
)
 
24

 
(45
)
Other
(274
)
 
33

 
(241
)
 
1,584

 
(192
)
 
1,392

Total other comprehensive earnings (loss)
$
49,795

 
$
22,149

 
$
71,944

 
$
(24,899
)
 
$
(2,071
)
 
$
(26,970
)


Total comprehensive earnings were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Net earnings
$
164,058

 
$
118,290

 
$
336,305

 
$
217,646

Other comprehensive earnings (loss)
25,934

 
(39,933
)
 
71,944

 
(26,970
)
Comprehensive earnings
$
189,992

 
$
78,357

 
$
408,249

 
$
190,676



Amounts reclassified from accumulated other comprehensive (loss) to earnings during the three and six months ended June 30, 2017 and 2016 were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017

2016
Foreign currency translation:
 
 
 
 
 
 
 
Reclassification of foreign currency translation losses to earnings from sale of a subsidiary
$

 
$

 
$
3,875

 
$

Tax benefit



 

 

Net of tax
$

 
$

 
$
3,875

 
$

Pension and other postretirement benefit plans:
 
 
 
 
 
 
 
Amortization of actuarial losses
$
1,921

 
$
2,087

 
$
3,820

 
$
4,163

Amortization of prior service costs
1,100

 
1,614

 
2,202

 
3,229

Total before tax
3,021

 
3,701

 
6,022

 
7,392

Tax benefit
(966
)
 
(1,245
)
 
(1,927
)
 
(2,486
)
Net of tax
$
2,055

 
$
2,456

 
$
4,095

 
$
4,906

Cash flow hedges:
 
 
 
 
 
 
 
Net losses (gains) reclassified into earnings
$
245

 
$
328

 
$
(89
)
 
$
256

Tax (expense) benefit
(86
)
 
(115
)
 
31

 
(90
)
Net of tax
$
159

 
$
213

 
$
(58
)
 
$
166


The Company recognizes net periodic pension cost, which includes amortization of net actuarial losses and prior service costs, in both selling, general and administrative expenses and cost of goods and services, depending on the functional area of the underlying employees included in the plans.

Cash flow hedges consist mainly of foreign currency forward contracts. The Company recognizes the realized gains and losses on its cash flow hedges in the same line item as the hedged transaction, such as revenue, cost of goods and services, or selling, general and administrative expenses.