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OTHER COMPREHENSIVE INCOME
 6 Months Ended
Jun. 30, 2013
OTHER COMPREHENSIVE INCOME [Abstract]  
OTHER COMPREHENSIVE INCOME
(8)OTHER COMPREHENSIVE INCOME

The Company’s changes in other comprehensive income for the three months and six months ended June 30, 2013 and 2012 were as follows (in thousands):

 
 
Three months ended June 30,
 
 
 
2013
  
2012
 
 
 
Gross
Amount
  
Income
Tax
(Provision)
Benefit
  
Net
Amount
  
Gross
Amount
  
Income
Tax
(Provision)
Benefit
  
Net
Amount
 
 
 
  
  
  
  
  
 
Pension and postretirement benefits (a):
 
  
  
  
  
  
 
Amortization of net actuarial loss
 
$
1,934
  
$
(740
)
 
$
1,194
  
$
1,794
  
$
(704
)
 
$
1,090
 
Actuarial gains (losses)
  
(1,134
)
  
434
   
(700
)
  
(3,851
)
  
1,493
   
(2,358
)
 
                        
Foreign currency translation adjustments
  
44
   
—
   
44
   
152
   
—
   
152
 
 
                        
Change in fair value of derivative instruments (b):
                        
Unrealized gains (losses)
  
(7
)
  
3
 
  
(4
)
  
4,258
   
(1,520
)
  
2,738
 
Reclassified to net earnings
  
−
   
−
   
−
   
(2,056
)
  
738
   
(1,318
)
Total
 
$
837
  
$
(303
)
 
$
534
  
$
297
  
$
7
  
$
304
 
 
 
 
 
Six months ended June 30,
 
 
 
2013
  
2012
 
 
 
Gross
Amount
  
Income
Tax
(Provision)
Benefit
  
Net
Amount
  
Gross
Amount
  
Income
Tax
(Provision)
Benefit
  
Net
Amount
 
 
 
  
  
  
  
  
 
Pension and postretirement benefits (a):
 
  
  
  
  
  
 
Amortization of net actuarial loss
 
$
3,840
  
$
(1,469
)
 
$
2,371
  
$
3,395
  
$
(1,316
)
 
$
2,079
 
Actuarial gains (losses)
  
(1,134
)
  
434
   
(700
)
  
(3,851
)
  
1,493
   
(2,358
)
 
                        
Foreign currency translation adjustments
  
249
   
—
   
249
   
447
   
—
   
447
 
 
                        
Change in fair value of derivative instruments (b):
                        
Unrealized gains (losses)
  
2,882
   
(1,009
)
  
1,873
   
7,974
   
(2,826
)
  
5,148
 
Reclassified to net earnings
  
(1,389
)
  
486
   
(903
)
  
(4,102
)
  
1,454
   
(2,648
)
Total
 
$
4,448
  
$
(1,558
)
 
$
2,890
  
$
3,863
  
$
(1,195
)
 
$
2,668
 

(a)Actuarial gains (losses) are amortized into costs of sales and operating expenses or selling, general and administrative expenses as appropriate. (See Note 12 – Retirement Plans)

(b)Reclassifications to net earnings of derivatives qualifying as effective hedges are recognized in interest expense or costs of sales and operating expenses as appropriate. (See Note 6 – Derivative Instruments)