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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE LOSS
Accumulated other comprehensive loss is reported in our Consolidated Statements of Stockholders’ Equity. Amounts included in accumulated other comprehensive loss, net of tax, were as follows:
 
 
Unrecognized Net
Defined Benefit
Plan Costs
 
Change in Fair
Value of
Derivatives
 
Foreign
Currency
Translation
 
Total
 
(Dollars in thousands)
Balance at January 1, 2011
$
(73,607
)
 
$
(6,695
)
 
$
17,276

 
$
(63,026
)
Other comprehensive loss before
    reclassifications
(30,388
)
 
(3,221
)
 
(26,527
)
 
(60,136
)
Amounts reclassified from accumulated
    other comprehensive loss
4,786

 
3,094

 
—

 
7,880

 Other comprehensive loss
(25,602
)
 
(127
)
 
(26,527
)
 
(52,256
)
Balance at December 31, 2011
(99,209
)
 
(6,822
)
 
(9,251
)
 
(115,282
)
Other comprehensive loss before
    reclassifications
(13,389
)
 
(4,513
)
 
12,740

 
(5,162
)
Amounts reclassified from accumulated
    other comprehensive loss
6,923

 
3,608

 
—

 
10,531

 Other comprehensive income
(6,466
)
 
(905
)
 
12,740

 
5,369

Balance at December 31, 2012
(105,675
)
 
(7,727
)
 
3,489

 
(109,913
)
Other comprehensive income before
    reclassifications
59,648

 
340

 
1,103

 
61,091

Amounts reclassified from accumulated
    other comprehensive loss
7,106

 
3,597

 
—

 
10,703

 Other comprehensive income
66,754

 
3,937

 
1,103

 
71,794

Balance at December 31, 2013
$
(38,921
)
 
$
(3,790
)
 
$
4,592

 
$
(38,119
)

The amounts reclassified to earnings from the unrecognized net defined benefit plan costs component of accumulated other comprehensive loss for the years ended December 31, 2013, 2012 and 2011 were net losses of $11.4 million, $11.4 million and $7.8 million, respectively, excluding an income tax benefit of $4.3 million, $4.5 million and $3.0 million, respectively. These net losses included $12.3 million, $12.2 million and $8.3 million of amortization of net actuarial losses for the years ended December 31, 2013, 2012 and 2011, respectively, and $0.9 million, $0.8 million and $0.5 million of amortization of net prior service credit for the years ended December 31, 2013, 2012 and 2011, respectively. Amortization of net actuarial losses and net prior service credit is a component of net periodic benefit cost. Amounts expected to be recognized as components of net periodic benefit costs in our Consolidated Statement of Income for the year ended December 31, 2014 are $0.3 million and $(1.0) million, net of income taxes, for the net actuarial loss and net prior service credit, respectively, related to our pension and other postretirement benefit plans. See Note 11 for further discussion.
The amounts reclassified to earnings from the change in fair value of derivatives component of accumulated other comprehensive loss for the years ended December 31, 2013, 2012 and 2011 were net losses of $6.1 million, $5.8 million and $5.3 million, respectively, excluding an income tax benefit of $2.5 million, $2.2 million and $2.2 million, respectively. These net losses included $5.9 million, $4.6 million and $4.7 million of losses related to our interest rate swap agreements which were recorded in interest and other debt expense for the years ended December 31, 2013, 2012 and 2011, respectively, and gains of $0.2 million, $1.2 million and $0.6 million related to our natural gas swap agreements which were recorded in cost of goods sold for the years ended December 31, 2013, 2012 and 2011, respectively, in our Consolidated Statements of Income for such years. We estimate that we will reclassify $3.8 million of losses, net of income taxes, of the change in fair value of derivatives component of accumulated other comprehensive loss to earnings during the next twelve months. The actual amount that will be reclassified to earnings will vary from this amount as a result of changes in market conditions. See Note 9 which includes a discussion of derivative instruments and hedging activities.
Foreign currency (losses) gains related to our net investment hedges included in the foreign currency translation component of accumulated other comprehensive loss for the years ended December 31, 2013, 2012 and 2011 were $(12.2) million, $(9.2) million and $15.3 million, respectively, excluding an income tax benefit (provision) of $4.6 million, $3.3 million and $(6.5) million, respectively. See Note 9 for further information.