ACCUMULATED OTHER COMPREHENSIVE LOSS

6 Months Ended

Jun. 30, 2016

ACCUMULATED OTHER COMPREHENSIVE LOSS [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

11.ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of accumulated other comprehensive loss at June 30, 2016 and December 31, 2015 are summarized below:

	June 30,				December 31,
	2016				2015
Foreign currency translation adjustment, net of taxes of ($336) at
June 30, 2016 and ($336) at December 31, 2015		$	(22,348	)		$	(19,305	)
Unrealized holding gains on available-for-sale securities, net of taxes of
$325 at June 30, 2016 and $265 at December 31, 2015			532				434
Unfunded SERP liability, net of taxes of ($1,223) at June 30, 2016
and ($1,327) at December 31, 2015			(2,505	)			(3,005	)
Accumulated other comprehensive loss		$	(24,321	)		$	(21,876	)

Changes in accumulated other comprehensive loss by component during the six months ended June 30, 2016 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, 2016	$	(19,305	)	$	434	$	(3,005	)	$	(21,876	)
Other comprehensive income before reclassifications		(3,043	)		98		369			(2,576	)
Amount reclassified from accumulated other comprehensive loss		-			-		131	(a)		131
Net current period other comprehensive income		(3,043	)		98		500			(2,445	)
Balance at June 30, 2016	$	(22,348	)	$	532	$	(2,505	)	$	(24,321	)
(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.