Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

5. Accumulated Other Comprehensive Income (Loss)

The change in Accumulated Other Comprehensive Income (Loss) (“AOCI”) by component, net of tax, for the period ended September 30, 2014 is as follows (amounts in thousands):

	Foreign Currency Translation			Cash Flow Hedges			Defined Benefit Pension Plans			Total
AOCI, balance as of December 31, 2013	$	(6,661	)	$	871		$	(34,098	)	$	(39,888	)
Other comprehensive (loss) income before reclassifications		(1,378	)		(573	)	—				(1,951	)
Amounts reclassified from AOCI	—				234			1,767			2,001
Net other comprehensive (loss) income		(1,378	)		(339	)		1,767			50
AOCI, balance as of September 30, 2014	$	(8,039	)	$	532		$	(32,331	)	$	(39,838	)

The following table details the amounts reclassified out of AOCI into the income statement during the three-month and nine-month periods ending September 30, 2014 respectively (in thousands):

	Amount Reclassified From AOCI
	For the Three			For the Nine
	Months Ended			Months Ended
	September 30,			September 30,			Affected Line Item In The Statement
Details About AOCI Components	2014			2014			Where Net Income is Presented
Gain on interest rate swap cash flow hedges, before tax	$	339		$	376		Interest expense, net
		(128	)		(142	)	Tax provision
	$	211		$	234		Net of tax
Amortization of defined benefit pension plan items:
Prior service cost and unrecognized loss	$	992		$	2,892		Warehousing, marketing and administrative expenses
		(386	)		(1,125	)	Tax provision
		606			1,767		Net of tax
Total reclassifications for the period	$	817		$	2,001		Net of tax