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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss)  
Schedule of accumulated other comprehensive income (loss)

 

 

 

Foreign

 

 

 

 

 

Total Accumulated

 

 

 

Currency

 

Pension

 

 

 

Other

 

 

 

Translation

 

Benefit

 

 

 

Comprehensive

 

(Dollars in thousands)

 

Adjustments

 

Adjustments

 

Derivatives

 

Income (Loss)

 

Balance, January 1, 2013, net of tax

 

$

17,098

 

$

(33,718

)

$

93

 

$

(16,527

)

Other comprehensive income before reclassifications

 

727

 

12,913

 

689

 

14,329

 

Amounts reclassified from other comprehensive income (loss)

 

(1,032

)

2,355

 

(265

)

1,058

 

Net current period other comprehensive income (loss)

 

(305

)

15,268

 

424

 

15,387

 

Balance, December 31, 2013, net of tax

 

$

16,793

 

$

(18,450

)

$

517

 

$

(1,140

)

Schedule of amounts reclassified out of each component of accumulated other comprehensive income

 

(Dollars in thousands)

Details about Accumulated
Other Comprehensive Income Components

 

Amount Reclassified from Accumulated 
Other Comprehensive Income(1)

 

Affected Line Item in the Statement
where Net Income is Presented

 

Derivatives:

 

 

 

 

 

Foreign Exchange Contracts

 

$

1,018

 

Cost of products sold (excluding depreciation)

 

Natural Gas Contracts

 

(555

)

Cost of products sold (excluding depreciation)

 

 

 

463

 

Total before tax

 

 

 

(198

)

Tax (expense) or benefit

 

 

 

$

265

 

Net of tax

 

Pension Benefit Adjustments:

 

 

 

 

 

Prior-service costs

 

$

(74

)

(2)

 

Actuarial losses

 

(3,722

)

(2)

 

 

 

(3,796

)

Total before tax

 

 

 

1,441

 

Tax (expense) or benefit

 

 

 

$

(2,355

)

Net of tax

 

Foreign Currency Translation Adjustments:

 

 

 

 

 

Sale of foreign subsidiary (Note 2)

 

$

1,032

 

Restructuring (3)

 

 

 

1,032

 

Total before tax

 

 

 

 

Tax (expense) or benefit

 

 

 

$

1,032

 

Net of tax

 

Total reclassifications for the period ended December 31, 2013

 

$

(1,058

)

Net of tax

 

 

(1)         Amounts in parentheses indicate debits to income/loss.

(2)         These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension cost.

(3)         The adjustment for 2013 relates to the Company’s sale of its activated carbon manufacturing facility in Datong, China.