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Other Comprehensive Earnings
6 Months Ended
Jun. 30, 2018
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Other Comprehensive Earnings
16. Other Comprehensive Earnings

The amounts recognized in other comprehensive (loss) earnings were as follows:
 
Three Months Ended
 
Three Months Ended
 
June 30, 2018
 
June 30, 2017
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
(52,979
)
 
$
(12,180
)
 
$
(65,159
)
 
$
13,812

 
$
12,362

 
$
26,174

Pension and other post-retirement benefit plans
2,948

 
(628
)
 
2,320

 
3,021

 
(966
)
 
2,055

Changes in fair value of cash flow hedges
2,085

 
(437
)
 
1,648

 
(2,642
)
 
925

 
(1,717
)
Other

 

 

 
(657
)
 
79

 
(578
)
Total other comprehensive (loss) earnings
$
(47,946
)
 
$
(13,245
)
 
$
(61,191
)
 
$
13,534

 
$
12,400

 
$
25,934


 
Six Months Ended
 
Six Months Ended
 
June 30, 2018
 
June 30, 2017
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
(9,934
)
 
$
(2,917
)
 
$
(12,851
)
 
$
46,902

 
$
23,044

 
$
69,946

Pension and other post-retirement benefit plans
6,358

 
(1,356
)
 
5,002

 
6,022

 
(1,927
)
 
4,095

Changes in fair value of cash flow hedges
3,490

 
(733
)
 
2,757

 
(2,855
)
 
999

 
(1,856
)
Other

 

 

 
(274
)
 
33

 
(241
)
Total other comprehensive (loss) earnings
$
(86
)
 
$
(5,006
)
 
$
(5,092
)
 
$
49,795

 
$
22,149

 
$
71,944


Total comprehensive earnings were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Net earnings
$
139,959

 
$
164,058

 
$
271,393

 
$
336,305

Other comprehensive (loss) earnings
(61,191
)
 
25,934

 
(5,092
)
 
71,944

Comprehensive earnings
$
78,768

 
$
189,992

 
$
266,301

 
$
408,249



Amounts reclassified from accumulated other comprehensive (loss) to earnings during the three and six months ended June 30, 2018 and 2017 were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018

2017
Foreign currency translation:
 
 
 
 
 
 
 
Reclassification of foreign currency translation losses to earnings from sale of subsidiary
$

 
$

 
$

 
$
3,875

Tax benefit



 

 

Net of tax
$

 
$

 
$

 
$
3,875

Pension and other postretirement benefit plans:
 
 
 
 
 
 
 
Amortization of actuarial losses
$
1,365

 
$
1,922

 
$
3,837

 
$
3,821

Amortization of prior service costs
1,583

 
1,099

 
2,521

 
2,201

Total before tax
2,948

 
3,021

 
6,358

 
6,022

Tax benefit
(628
)
 
(966
)
 
(1,356
)
 
(1,927
)
Net of tax
$
2,320

 
$
2,055

 
$
5,002

 
$
4,095

Cash flow hedges:
 
 
 
 
 
 
 
Net gains (loss) reclassified into earnings
$
(579
)
 
$
245

 
$
(899
)
 
$
(89
)
Tax provision (benefit)
122

 
(86
)
 
189

 
31

Net of tax
$
(457
)
 
$
159

 
$
(710
)
 
$
(58
)

The Company recognizes net periodic pension cost, which includes amortization of net actuarial gains and losses and prior service costs, in both selling, general and administrative expenses and cost of goods and services within the Condensed Consolidated Statements of Earnings, 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.