Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2015

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 ended March 31, 2015 and 2014.

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 January 1, 2015	$	(34,224	)	$	2,356		$	(120,260	)	$	(2,742	)	$	(154,870	)
Other comprehensive income before reclassifications (net of tax)		(41,337	)		3,394			—			—			(37,943	)
Amounts reclassified from accumulated other comprehensive income (net of tax)		—			(628	)		3,266			20			2,658
Net current period other comprehensive income (loss)		(41,337	)		2,766			3,266			20			(35,285	)
Balance at March 31, 2015	$	(75,561	)	$	5,122		$	(116,994	)	$	(2,722	)	$	(190,155	)
Balance at January 1, 2014	$	15,141		$	(941	)	$	(89,547	)	$	(10	)	$	(75,357	)
Other comprehensive income before reclassifications (net of tax)		728			(403	)		—			—			325
Amounts reclassified from accumulated other comprehensive income (net of tax)		—			324			2,281			35			2,640
Net current period other comprehensive income (loss)		728			(79	)		2,281			35			2,965
Balance at March 31, 2014	$	15,869		$	(1,020	)	$	(87,266	)	$	25		$	(72,392	)

Reclassifications out of accumulated other comprehensive income were as follows:

	Three months ended March 31
In thousands	2015			2014
Description							Line Item in Statements of Income
Cash flow hedges (Note 14)
(Gains) losses on cash flow hedges	$	(873	)	$	449		Costs of products sold
Tax (benefit) expense		245			(125	)	Income tax provision
Net of tax		(628	)		324
Retirement plan obligations (Note 9)
Amortization of deferred benefit pension plan items
Prior service costs		567			548		Costs of products sold
		193			186		Selling, general and administrative
Actuarial losses		3,366			2,196		Costs of products sold
		1,140			744		Selling, general and administrative
		5,266			3,674
Tax benefit		(2,000	)		(1,393	)	Income tax provision
Net of tax		3,266			2,281
Amortization of deferred benefit other plan items
Prior service costs		(57	)		(59	)	Costs of products sold
		(13	)		(13	)	Selling, general and administrative
Actuarial losses		82			106		Costs of products sold
		18			23		Selling, general and administrative
		30			57
Tax benefit		(10	)		(22	)	Income tax provision
Net of tax		20			35
Total reclassifications, net of tax	$	2,658		$	2,640