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Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2013
Accumulated Other Comprehensive Income (Loss) and Comprehensive Income (Loss) [Abstract]  
Schedule of Comprehensive Income
Comprehensive income consists of the following:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2012
 
2013
 
2012
 
2013
 
 
 
 
 
 
 
 
Net income
$
9,320

 
$
5,687

 
$
29,584

 
$
25,712

 
 
 
 
 
 
 
 
Other comprehensive income:
 
 
 
 
 
 
 
Pension liability, net of
 
 
 
 
 
 
 
income tax
450

 
461

 
1,373

 
1,383

Cash flow hedging gain (loss),
 
 
 
 
 
 
 
net of income tax
(1,607
)
 
(2,410
)
 
(2,876
)
 
96

Foreign currency
 
 
 
 
 
 
 
translation adjustment
2,034

 
3,845

 
848

 
(854
)
 
 
 
 
 
 
 
 
Comprehensive income
$
10,197

 
$
7,583

 
$
28,929

 
$
26,337

 
 
 
 
 
 
 
 
Schedule of Accumulated Other Comprehensive Loss
Accumulated other comprehensive income (loss) consists of the following:

 
Cash Flow
Hedging
Gain (Loss)a
 
Pension
Liabilitya
 
Cumulative
Translation
Adjustments
 
Accumulated
Other
Comprehensive
Income (Loss)
 
 
 
 
 
 
 
 
Balance, December 31, 2012
$
(1,130
)
 
$
(30,375
)
 
$
3,924

 
$
(27,581
)



 


 


 


Other comprehensive income


 


 


 


before reclassifications
675

 

 
(854
)
 
(179
)



 


 


 


Amounts reclassified from accumulated

 

 

 

other comprehensive incomeb
(579
)
 
1,383

 

 
804




 


 


 


Net current-period other


 


 


 


comprehensive income
96

 
1,383

 
(854
)
 
625




 


 


 


Balance, September 30, 2013
$
(1,034
)
 
$
(28,992
)
 
$
3,070

 
$
(26,956
)


(a) All amounts are net of tax.
(b) The cash flow hedging gain (loss) and pension liability accumulated other comprehensive income components are included in sales or cost of sales and as a component of net periodic pension cost, respectively. The amounts recorded in the chart above are for the nine months ended September 30, 2013. For the three months ended September 30, 2013, $0.1 million of the cash flow hedging gain and $0.5 million of the pension liability were reclassified from accumulated other comprehensive income to the statement of income. Refer to Note 4 and Note 9, respectively, for further details.