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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
3 Months Ended
Mar. 31, 2015
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]  
Components of accumulated other comprehensive (loss) income
The components of accumulated other comprehensive loss at March 31, 2015 and December 31, 2014 are summarized below:


 
 
March 31,
  
December 31,
 
 
 
2015
  
2014
 
 
 
  
 
Foreign currency translation adjustment, net of taxes of ($302) at
 
  
 
  March 31, 2015 and ($142) at December 31, 2014
 
$
(19,729
)
 
$
(9,365
)
Unrealized holding gains on available-for-sale securities, net of taxes of
        
  $293 at March 31, 2015 and $259 at December 31, 2014
  
483
   
429
 
Unfunded SERP liability, net of taxes of ($1,297) at March 31, 2015
        
  and ($1,325) at December 31, 2014
  
(2,962
)
  
(3,026
)
 
        
Accumulated other comprehensive loss
 
$
(22,208
)
 
$
(11,962
)
Changes in accumulated other comprehensive loss by component
Changes in accumulated other comprehensive loss by component during the three months ended March 31, 2015 are as follows.  All amounts are net of tax.


 
 
  
Unrealized Holding
  
 
 
 
 
 
 
Foreign Currency
  
Gains on
  
 
 
 
 
 
 
Translation
  
Available-for-
  
Unfunded
 
 
 
 
 
 
Adjustment
  
Sale Securities
  
SERP Liability
 
 
 
Total
 
 
 
  
  
 
 
 
 
Balance at January 1, 2015
 
$
(9,365
)
 
$
429
  
$
(3,026
)
 
 
$
(11,962
)
     Other comprehensive (loss) income before reclassifications
  
(10,364
)
  
54
   
-
 
 
  
(10,310
)
     Amount reclassified from accumulated other
            
 
    
          comprehensive loss
  
-
   
-
   
64
 
 (a)
  
64
 
     Net current period other comprehensive (loss) income
  
(10,364
)
  
54
   
64
 
 
  
(10,246
)
 
            
 
    
Balance at March 31, 2015
 
$
(19,729
)
 
$
483
  
$
(2,962
)
 
 
$
(22,208
)
 
            
 
    
(a) This reclassification relates to the amortization of prior service costs and gains/losses associated with the Company's SERP plan.
    
      This expense is allocated between cost of sales and selling, general and administrative expense based upon the employment
 
 
    
      classification of the plan participants.