Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2016

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, 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)
Other comprehensive income (loss) before reclassifications		(10,956)		(4,879)		809		(15,026)
Amounts reclassified from other comprehensive income (loss)		—		2,980		77		3,057
Net current period other comprehensive income (loss)		(10,956)		(1,899)		886		(11,969)
Balance as of December 31, 2016, net of tax	$	(22,026)	$	(32,373)	$	800	$	(53,599)

	Amount Reclassified from
	Accumulated Other
Details about Accumulated	Comprehensive Income (Loss) (1)						Affected Line Item in the
Other Comprehensive	Year Ended December 31						Statement where
Income (Loss) Components	2016		2015		2014		Net Income is Presented
Defined Benefit Pension Plan Adjustments:
Prior-service costs	$	—	$	(15)	$	(74)	(2)
Actuarial losses		(4,749)		(3,631)		(1,122)	(2)
		(4,749)		(3,646)		(1,196)	Total before tax
		1,769		1,316		435	Tax benefit
		(2,980)		(2,330)		(761)	Net of tax
Derivatives:
Foreign exchange contracts		206		2,077		484	Cost of products sold (excluding depreciationandamortization)
Natural gas contracts		(339)		(941)		221	Cost of products sold (excluding depreciationandamortization)
		(133)		1,136		705	Total before tax
		56		(344)		(304)	Tax benefit (expense)
		(77)		792		401	Net of tax
Total reclassifications for the period	$	(3,057)	$	(1,538)	$	(360)	Net of tax

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

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

Foreign currency translation adjustments exclude income tax 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 $17.7 million, $17.1 million and $17.4 million as of December 31, 2016, 2015, and 2014, respectively.  The income tax expense (benefit) associated with the Company’s derivatives included in accumulated other comprehensive income (loss) was $0.4 million, $(0.1) million, and $0.5 million as of December 31, 2016, 2015, and 2014, respectively.

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

	Year Ended December 31
	2016		2015		2014
Defined benefit pension plan	$	(647)	$	183	$	(7,202)
Derivatives		519		(521)		184