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Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2015
Comprehensive Income (Loss) [Abstract]  
Schedule of Comprehensive Income
Comprehensive income consists of the following:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
Net income
$
8,873

 
$
1,972

 
$
22,646

 
$
20,853

 
 
 
 
 
 
 
 
Other comprehensive income (loss):
 
 
 
 
 
 
 
Pension liability, net of income tax (income tax expense of $298 and $138 for the three months ended September 30, 2015 and 2014, respectively, and $896 and $454 for the nine months ended September 30, 2015 and 2014, respectively)
510

 
237

 
1,529

 
776

Cash flow hedging gain (loss), net of income tax (income tax expense (benefit) of ($212) and $2,090 for the three months ended September 30, 2015 and 2014, respectively, and ($560) and $2,205 for the nine months ended September 30, 2015 and 2014, respectively)
(361
)
 
3,566

 
(956
)
 
3,763

Foreign currency translation adjustment
(5,281
)
 
(9,948
)
 
(14,563
)
 
(8,391
)
 
 
 
 
 
 
 
 
Comprehensive income (loss)
$
3,741

 
$
(4,173
)
 
$
8,656

 
$
17,001

 
 
 
 
 
 
 
 
Schedule of Accumulated Other Comprehensive Loss
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
3,666

 

 
(14,563
)
 
(10,897
)
Amounts reclassified from accumulated other comprehensive income (loss) before taxa
(7,330
)
 
2,425

 

 
(4,905
)
Income tax
2,708

 
(896
)
 

 
1,812

 
 
 
 
 
 
 
 
Net current-period other comprehensive income (loss)
(956
)
 
1,529

 
(14,563
)
 
(13,990
)
 
 
 
 
 
 
 
 
Balance, September 30, 2015
$
2,320

 
$
(29,231
)
 
$
(26,901
)
 
$
(53,812
)

 
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
3,477

 

 
(8,391
)
 
(4,914
)
Amounts reclassified from accumulated other comprehensive income (loss) before taxa
454

 
1,230

 

 
1,684

Income tax
(168
)
 
(454
)
 

 
(622
)
 
 
 
 
 
 
 
 
Net current-period other comprehensive income (loss)
3,763

 
776

 
(8,391
)
 
(3,852
)
 
 
 
 
 
 
 
 
Balance, September 30, 2014
$
2,378

 
$
(18,142
)
 
$
(5,660
)
 
$
(21,424
)

(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 nine months ended September 30, 2015 and 2014. For the three months ended September 30, 2015, $2.3 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 September 30, 2014, $0.1 million of the cash flow hedging gain 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.