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Comprehensive Income
6 Months Ended
Jun. 30, 2015
Comprehensive Income (Loss) [Abstract]  
Comprehensive Income
Comprehensive Income

Comprehensive income consists of the following:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
Net income
$
7,461

 
$
10,255

 
$
13,773

 
$
18,881

 
 
 
 
 
 
 
 
Other comprehensive income:
 
 
 
 
 
 
 
Pension liability, net of income tax (income tax expense of $297 and $158 for the three months ended June 30, 2015 and 2014, respectively, and $598 and $316 for the six months ended June 30, 2015 and 2014, respectively)
507

 
269

 
1,019

 
539

Cash flow hedging gain (loss), net of income tax (income tax expense (benefit) of ($1,499) and ($309) for the three months ended June 30, 2015 and 2014, respectively, and ($349) and $115 for the six months ended June 30, 2015 and 2014, respectively)
(2,557
)
 
(528
)
 
(595
)
 
197

Foreign currency translation adjustment
3,219

 
1,601

 
(9,282
)
 
1,557

 
 
 
 
 
 
 
 
Comprehensive income
$
8,630

 
$
11,597

 
$
4,915

 
$
21,174

 
 
 
 
 
 
 
 


 
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
2,583

 

 
(9,282
)
 
(6,699
)
Amounts reclassified from accumulated other comprehensive income (loss) before taxa
(5,040
)
 
1,617

 

 
(3,423
)
Income tax
1,862

 
(598
)
 

 
1,264

 
 
 
 
 
 
 
 
Net current-period other comprehensive income (loss)
(595
)
 
1,019

 
(9,282
)
 
(8,858
)



 


 


 


Balance, June 30, 2015
$
2,681

 
$
(29,741
)
 
$
(21,620
)
 
$
(48,680
)

 
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
(150
)
 

 
1,557

 
1,407

Amounts reclassified from accumulated other comprehensive income (loss) before taxa
551

 
855

 

 
1,406

Income tax
(204
)
 
(316
)
 

 
(520
)
 
 
 
 
 
 
 
 
Net current-period other comprehensive income
197

 
539

 
1,557

 
2,293

 
 
 
 
 
 
 
 
Balance, June 30, 2014
$
(1,188
)
 
$
(18,379
)
 
$
4,288

 
$
(15,279
)

(a) The cash flow hedging gain (loss) and pension liability accumulated other comprehensive income (loss) components are included in sales or cost of sales and as a component of net periodic pension cost (income), respectively. The amounts recorded in the charts above are for the six months ended June 30, 2015 and 2014. For the three months ended June 30, 2015, $2.4 million of the cash flow hedging gain and $0.8 million of the pension liability were reclassified from accumulated other comprehensive loss to the statement of income. For the three months ended June 30, 2014, $0.4 million of the cash flow hedging loss and $0.4 million of the pension liability were reclassified from accumulated other comprehensive loss to the statement of income. Refer to Note 4 and Note 9, respectively, for further details.