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OTHER COMPREHENSIVE INCOME
6 Months Ended
Jun. 30, 2019
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, 2019 and 2018 were as follows (in thousands):


 
Three months ended June 30,
 
   
2019
   
2018
 
   
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
 
$
(87
)
 
$
21
   
$
(66
)
 
$
591
   
$
(143
)
 
$
448
 
Actuarial gains (losses)
   
8,167
     
(2,044
)
   
6,123
     
(609
)
   
148
     
(461
)
Foreign currency translation
   
(53
)
   
     
(53
)
   
(429
)
   
     
(429
)
Total
 
$
8,027
   
$
(2,023
)
 
$
6,004
   
$
(447
)
 
$
5
   
$
(442
)


 
Six months ended June 30,
 
   
2019
   
2018
 
   
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
 
$
463
   
$
(118
)
 
$
345
   
$
1,159
   
$
(281
)
 
$
878
 
Actuarial gains (losses)
   
8,167
     
(2,044
)
   
6,123
     
(609
)
   
148
     
(461
)
Reclassification to retained earnings of stranded tax effects from tax reform
   
     
     
     
     
(7,925
)
   
(7,925
)
Foreign currency translation
   
76
     
     
76
     
(9
)
   
     
(9
)
Total
 
$
8,706
   
$
(2,162
)
 
$
6,544
   
$
541
   
$
(8,058
)
 
$
(7,517
)

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