XML 25 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
OTHER COMPREHENSIVE INCOME
 6 Months Ended
Jun. 30, 2018
OTHER COMPREHENSIVE INCOME [Abstract]  
OTHER COMPREHENSIVE INCOME
(9)
OTHER COMPREHENSIVE INCOME

The Company’s changes in other comprehensive income for the three months and six months ended June 30, 2018 and 2017 were as follows (in thousands):

  
Three months ended June 30,
 
  
2018
 
2017
 
 
 
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
 
$
591
  
$
(143
)
 
$
448
  
$
908
  
$
(347
)
 
$
561
 
Actuarial gains (losses)
  
(609
)
  
148
   
(461
)
  
22,014
   
(8,435
)
  
13,579
 
Foreign currency translation
  
(429
)
  
—
   
(429
)
  
—
   
—
   
—
 
Total
 
$
(447
)
 
$
5
  
$
(442
)
 
$
22,922
  
$
(8,782
)
 
$
14,140
 
 
  
Six months ended June 30,
 
  
2018
  
2017
 
  
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
 
$
1,159
  
$
(281
)
 
$
878
  
$
2,117
  
$
(810
)
 
$
1,307
 
Actuarial gains (losses)
  
(609
)
  
148
   
(461
)
  
22,014
   
(8,435
)
  
13,579
 
Adoption of ASU 2018-02 – reclassification to retained earnings
  
—
   
(7,925
)
  
(7,925
)
  
—
   
—
   
—
 
Foreign currency translation
  
(9
)
  
—
   
(9
)
  
—
   
—
   
—
 
Total
 
$
541
  
$
(8,058
)
 
$
(7,517
)
 
$
24,131
  
$
(9,245
)
 
$
14,886
 

(a)
Actuarial gains/(losses) are amortized into other income (expense). (See Note 13 – Retirement Plans)