Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2013

Accumulated Other Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Income

The table below presents changes in the components of AOCI for the period December 31, 2012 to December 31,2013:

(in thousands)	Translation adjustments		Pension and postretirement liability adjustments		Derivative valuation adjustment		Total Other Comprehensive Income
Balance, December 31, 2012	($7,659	)	($69,484	)	($2,878	)	($80,021	)
Other comprehensive income before reclassifications	7,521		614		742		8,877
Postretirement plan change in benefits			4,864				4,864
Pension/postretirement plan remeasurement			13,771				13,771
Pension plan change in benefits			(374	)			(374	)
Interest expense related to swaps reclassified to the Statement of Income, net of tax					1,159		1,159
Pension and postretirement liability adjustments reclassified to Statement of Income, net of tax			2,226				2,226
Net current period other comprehensive income	7,521		21,101		1,901		30,523
Balance, December 31, 2013	($138	)	($48,383	)	($977	)	($49,498	)

Schedule of Accumulated Other Comprehensive Income Components Reclassified to Statement of Income

The components of our Accumulated Other Comprehensive Income that are reclassified to the Statement of Income relate to our pension and postretirement plans and interest rate swaps. The table below presents the amounts reclassified, and the line items of the Statement of Income that were affected.

Expense/(income) (in thousands)	Twelve months ended December 31, 2013
Pretax Derivative valuation reclassified from Accumulated Other Comprehensive Income:
Swap interest expense	$1,900
Income tax effect	(741	)
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income	$1,159
Pretax pension and postretirement liabilities reclassified from Accumulated Other Comprehensive Income:
Amortization of prior service cost/(credit)	($3,905	)
Amortization of transition obligation	70
Amortization of net actuarial loss	6,512
Total pretax amount reclassified(a)	2,677
Income tax effect	(451	)
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income	$2,226

(a) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 5).