Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2015

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

12. Accumulated Other Comprehensive Income (Loss)

The changes in the components of accumulated other comprehensive income (loss), net of tax, are as follows:

										Total
	Foreign			Defined						Accumulated
	Currency			Benefit						Other
	Translation			Pension Plan						Comprehensive
	Adjustments			Adjustments			Derivatives			Income (Loss)
Balance as of December 31, 2012, 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 as of December 31, 2013, net of tax	$	16,793		$	(18,450	)	$	517		$	(1,140	)
Other comprehensive income (loss) before reclassifications	(14,850		)	(12,669		)	789			(26,730		)
Amounts reclassified from other comprehensive income (loss)	—			761			(401		)	360
Net current period other comprehensive income (loss)	(14,850		)	(11,908		)	388			(26,370		)
Balance as of December 31, 2014, net of tax	$	1,943		$	(30,358	)	$	905		$	(27,510	)
Other comprehensive (loss) before reclassifications	(13,013		)	(2,446		)	(199		)	(15,658		)
Amounts reclassified from other comprehensive income (loss)	—			2,330			(792		)	1,538
Net current period other comprehensive (loss)	(13,013		)	(116		)	(991		)	(14,120		)
Balance as of December 31, 2015, net of tax	$	(11,070	)	$	(30,474	)	$	(86	)	$	(41,630	)

Details about Accumulated	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) (1)									Affected Line Item in the
Other Comprehensive	Year Ended December 31									Statement where
Income (Loss) Components	2015			2014			2013			Net Income is Presented
Foreign Currency Translation Adjustments:	$	—		$	—		$	1,032		Restructuring (2)
	—			—			1,032			Total before tax
	—			—			—			Tax (expense) or benefit
	$	—		$	—		$	1,032		Net of tax
Defined Benefit Pension Plan Adjustments:
Prior-service costs	$	(15	)	$	(74	)	$	(74	)	(3)
Actuarial losses	(3,631		)	(1,122		)	(3,722		)	(3)
	(3,646		)	(1,196		)	(3,796		)	Total before tax
	1,316			435			1,441			Tax benefit
	$	(2,330	)	$	(761	)	$	(2,355	)	Net of tax
Derivatives:
Foreign exchange contracts	$	2,077		$	484		$	1,018		Cost of products sold (excluding depreciation and amortization)
Natural gas contracts	(941		)	221			(555		)	Cost of products sold (excluding depreciation and amortization)
	1,136			705			463			Total before tax
	(344		)	(304		)	(198		)	Tax expense
	$	792		$	401		$	265		Net of tax
Total reclassifications for the period	$	(1,538	)	$	(360	)	$	(1,058	)	Net of tax

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

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

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

Foreign currency translation adjustments exclude income tax expense (benefit) for the earnings of the Company’s non-U.S. subsidiaries as management believes these earnings will be reinvested for an indefinite period of time.  Determination of the amount of unrecognized deferred U.S. income tax liability on these unremitted earnings is not practicable.

The income tax benefit associated with ASC 715 “Compensation — Retirement Benefits” included in accumulated other comprehensive loss was $17.1 million, $17.4 million and $9.7 million as of December 31, 2015, 2014, and 2013, respectively.  The income tax (benefit) expense associated with the Company’s derivatives included in accumulated other comprehensive loss was $(0.1) million, $0.5 million, and $0.3 million as of December 31, 2015, 2014, and 2013, respectively.

The following table contains the components of income tax expense (benefit) included in other comprehensive income (loss):

	Year Ended December 31
	2015			2014			2013
Defined benefit pension plan	$	183		$	(7,202	)	$	9,840
Derivatives	(521		)	184			358