Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Accumulated Other Comprehensive Income

6. ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table sets forth details of the changes in accumulated other comprehensive income (losses) for the three months and six months ended June 30, 2014 and 2013.

in thousands	Currency Translation Adjustments			Unrealized gain (loss) on cash flow hedges			Change in pensions			Change in other postretirement defined benefit plans			Total
Balance at April 1, 2014	$	15,869		$	(1,020	)	$	(87,266	)	$	25		$	(72,392	)
Other comprehensive income before reclassifications (net of tax)		(533	)		618			—			—			85
Amounts reclassified from accumulated other comprehensive income (net of tax)		—			462			2,444			35			2,941
Net current period other comprehensive income (loss)		(533	)		1,080			2,444			35			3,026
Balance at June 30, 2014	$	15,336		$	60		$	(84,822	)	$	60		$	(69,366	)
Balance at April 1, 2013	$	(11,642	)	$	17		$	(155,781	)	$	(4,249	)	$	(171,655	)
Other comprehensive income before reclassifications (net of tax)		3,727			(531	)		—			—			3,196
Amounts reclassified from accumulated other comprehensive income (net of tax)		—			136			3,725			48			3,909
Net current period other comprehensive income (loss)		3,727			(395	)		3,725			48			7,105
Balance at June 30, 2013	$	(7,915	)	$	(378	)	$	(152,056	)	$	(4,201	)	$	(164,550	)
Balance at January 1, 2014	$	15,141		$	(941	)	$	(89,547	)	$	(10	)	$	(75,357	)
Other comprehensive income before reclassifications (net of tax)		195			215			—			—			410
Amounts reclassified from accumulated other comprehensive income (net of tax)		—			786			4,725			70			5,581
Net current period other comprehensive income (loss)		195			1,001			4,725			70			5,991
Balance at June 30, 2014	$	15,336		$	60		$	(84,822	)	$	60		$	(69,366	)
Balance at January 1, 2013	$	315		$	(424	)	$	(159,560	)	$	(4,297	)	$	(163,966	)
Other comprehensive income before reclassifications (net of tax)		(8,230	)		(141	)		—			—			(8,371	)
Amounts reclassified from accumulated other comprehensive income (net of tax)		—			187			7,504			96			7,787
Net current period other comprehensive income (loss)		(8,230	)		46			7,504			96			(584	)
Balance at June 30, 2013	$	(7,915	)	$	(378	)	$	(152,056	)	$	(4,201	)	$	(164,550	)

Reclassifications out of accumulated other comprehensive income were as follows:

	Three months ended June 30						Six months ended June 30
In thousands	2014			2013			2014			2013
Description													Line Item in Statements of Income
Cash flow hedges (Note 14)
(Gains) losses on cash flow hedges	$	641		$	188		$	1,090		$	258		Costs of products sold
		(179	)		(52	)		(304	)		(71	)	Income tax provision
Net of tax		462			136			786			187
Retirement plan obligations (Note 9)
Amortization of deferred benefit pension plan items
Prior service costs		695			613			1,243			1,226		Costs of products sold
		226			161			412			322		Selling, general and administrative
Actuarial losses		2,233			4,025			4,429			8,139		Costs of products sold
		781			1,160			1,525			2,335		Selling, general and administrative
		3,935			5,959			7,609			12,022
		(1,491	)		(2,234	)		(2,884	)		(4,518	)	Income tax provision
Net of tax		2,444			3,725			4,725			7,504
Amortization of deferred benefit other plan items
Prior service costs		(59	)		(100	)		(118	)		(200	)	Costs of products sold
		(13	)		(25	)		(26	)		(50	)	Selling, general and administrative
Actuarial losses		106			155			212			310		Costs of products sold
		23			47			46			94		Selling, general and administrative
		57			77			114			154
		(22	)		(29	)		(44	)		(58	)	Income tax provision
Net of tax		35			48			70			96
Total reclassifications, net of tax	$	2,941		$	3,909		$	5,581		$	7,787