XML 38 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 6 Months Ended
Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS
 
Changes in AOCI by component for the three and six months ended June 30, 2017 and 2016 are as follows (in thousands):
 
Three Months ended June 30, 2017
 
Foreign
currency
translation
adjustments
 
Retirement
plans related
adjustments
 
Unrealized
gain (loss) on
cash flow
hedges
 
Accumulated
other
comprehensive
loss
Beginning balance, net of tax
$
19,324

 
$
(69,816
)
 
$
182

 
$
(50,310
)
Other comprehensive income (loss) before reclassifications
4,675

 
(1,403
)
 
(261
)
 
3,011

Less: (Loss) income reclassified from AOCI
—

 
(876
)
 
38

 
(838
)
Net other comprehensive income (loss)
4,675

 
(527
)
 
(299
)
 
3,849

Income taxes
(229
)
 
(155
)
 
(54
)
 
(438
)
Ending balance, net of tax
$
24,228

 
$
(70,188
)
 
$
(63
)
 
$
(46,023
)
 
Three Months Ended June 30, 2016
 
Foreign
currency
translation
adjustments
 
Retirement
plans related
adjustments
 
Unrealized
gain (loss) on
cash flow
hedges
 
Accumulated
other
comprehensive
loss
Beginning balance, net of tax
$
24,312

 
$
(69,221
)
 
$
4

 
$
(44,905
)
Other comprehensive (loss) income before
reclassifications
(2,840
)
 
775

 
(96
)
 
(2,161
)
Less: (loss) income reclassified from AOCI
—

 
(800
)
 
(63
)
 
(863
)
Net other comprehensive (loss) income
(2,840
)
 
1,575

 
(33
)
 
(1,298
)
Income taxes
113

 
169

 
—

 
282

Ending balance, net of tax
$
21,359

 
$
(67,815
)
 
$
(29
)
 
$
(46,485
)
 
Six Months Ended June 30, 2017
 
Foreign
currency
translation
adjustments
 
Retirement
plans related
adjustments
 
Unrealized
gain (loss) on
cash flow
hedges
 
Accumulated
other
comprehensive
loss
Beginning balance, net of tax
$
15,483

 
$
(70,102
)
 
$
(37
)
 
$
(54,656
)
Other comprehensive income (loss) before reclassifications
8,933

 
(1,972
)
 
(179
)
 
6,782

Less: (loss) income reclassified from AOCI
—

 
(1,721
)
 
(111
)
 
(1,832
)
Net other comprehensive income (loss)
8,933

 
(251
)
 
(68
)
 
8,614

Income taxes
188

 
(165
)
 
(42
)
 
(19
)
Ending balance, net of tax
$
24,228

 
$
(70,188
)
 
$
(63
)
 
$
(46,023
)

 
Six Months Ended June 30, 2016
 
Foreign
currency
translation
adjustments
 
Retirement
plans related
adjustments
 
Unrealized
gain (loss) on
cash flow
hedges
 
Accumulated
other
comprehensive
loss
Beginning balance, net of tax
$
20,529

 
$
(69,100
)
 
$
(142
)
 
$
(48,713
)
Other comprehensive income (loss) before reclassifications
899

 
(287
)
 
116

 
728

Less: (loss) income reclassified from AOCI
—

 
(1,589
)
 
(16
)
 
(1,605
)
Net other comprehensive income (loss)
899

 
1,302

 
132

 
2,333

Income taxes
69

 
17

 
19

 
105

Ending balance, net of tax
$
21,359

 
$
(67,815
)
 
$
(29
)
 
$
(46,485
)

Details about reclassification out of AOCI for the three and six months ended June 30, 2017 and 2016 are as follows (in thousands):
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
Affected line item on the Consolidated Statements of Operations
Details of AOCI components
 
2017
 
2016
 
2017
 
2016
 
Unrealized gain (loss) on cash flow hedges: 
 
 

 
 

 
 
 
 
 
 
 
 
$
18

 
$
(53
)
 
$
(120
)
 
$
23

 
Sales
 
 
20

 
(10
)
 
9

 
(39
)
 
Other expense (income), net
 
 
38

 
(63
)
 
(111
)
 
(16
)
 
Total before tax
 
 
15

 
(10
)
 
(9
)
 
(3
)
 
Income taxes
 
 
$
53

 
$
(73
)
 
$
(120
)
 
$
(19
)
 
Net of tax
Retirement plans related adjustments:
 
 

 
 

 
 
 
 
 
 
Amortization of prior service credit
 
$
78

 
$
64

 
$
154

 
$
127

 
(a)
Amortization of transition asset
 
—

 
79

 
—

 
156

 
(a)
Amortization of actuarial loss
 
(924
)
 
(943
)
 
(1,845
)
 
(1,872
)
 
(a)
Settlement loss
 
(30
)
 
—

 
(30
)
 
—

 
(a)
 
 
(876
)

(800
)

(1,721
)

(1,589
)
 
Total before tax
 
 
96

 
85

 
184

 
168

 
Income taxes
 
 
$
(780
)
 
$
(715
)
 
$
(1,537
)
 
$
(1,421
)
 
Net of tax
 
(a)  These AOCI components are included in the computation of net periodic pension and post retirement costs. See Note 11. "Pension and Postretirement Plans" for details.