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Comprehensive Income
3 Months Ended
Mar. 31, 2015
Comprehensive Income (Loss) [Abstract]  
Comprehensive Income
Comprehensive Income

Comprehensive income consists of the following:
 
 
Three Months Ended March 31,
 
2015
 
2014
 
 
 
 
Net income
$
6,312

 
$
8,626

 
 
 
 
Other comprehensive income:
 
 
 
Pension liability, net of income tax (income tax expense of $300 and $157 for the three months ended March 31, 2015 and 2014, respectively)
512

 
270

Cash flow hedging gain, net of income tax (income tax expense of $1,150 and $425 for the three months ended March 31, 2015 and 2014, respectively)
1,962

 
725

Foreign currency translation adjustment
(12,501
)
 
(44
)
 
 
 
 
Comprehensive income (loss)
$
(3,715
)
 
$
9,577

 
 
 
 


 
Accumulated other comprehensive loss consists of the following:

 
Cash Flow
Hedging
Gain (Loss)
 
Pension
Liability
 
Cumulative
Translation
Adjustments
 
Accumulated
Other
Comprehensive
Income (Loss)
 
 
 
 
 
 
 
 
Balance, December 31, 2014
$
3,276

 
$
(30,760
)
 
$
(12,338
)
 
$
(39,822
)

 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
275

 

 
(12,501
)
 
(12,226
)
Amounts reclassified from other accumulated comprehensive income (loss) before taxa
2,676

 
812

 

 
3,488

Income tax
(989
)
 
(300
)
 

 
(1,289
)
 
 
 
 
 
 
 
 
Net current-period other comprehensive income (loss)
1,962

 
512

 
(12,501
)
 
(10,027
)



 


 


 


Balance, March 31, 2015
$
5,238

 
$
(30,248
)
 
$
(24,839
)
 
$
(49,849
)

 
Cash Flow
Hedging
Gain (Loss)
 
Pension
Liability
 
Cumulative
Translation
Adjustments
 
Accumulated
Other
Comprehensive
Income (Loss)
 
 
 
 
 
 
 
 
Balance, December 31, 2013
$
(1,385
)
 
$
(18,918
)
 
$
2,731

 
$
(17,572
)
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
800

 

 
(44
)
 
756

Amounts reclassified from other accumulated comprehensive income (loss) before taxa
(119
)
 
427

 

 
308

Income tax
44

 
(157
)
 

 
(113
)
 
 
 
 
 
 
 
 
Net current-period other comprehensive income (loss)
725

 
270

 
(44
)
 
951

 
 
 
 
 
 
 
 
Balance, March 31, 2014
$
(660
)
 
$
(18,648
)
 
$
2,687

 
$
(16,621
)

(a) 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 (income), respectively. Refer to Note 4 and Note 9, respectively, for further details.