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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
12 Months Ended
Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of Accumulated Other Comprehensive Loss
A roll-forward of the Company's accumulated other comprehensive loss is as follows:
 
Foreign Currency Translation
 
Actuarial (Loss) Gain on Post-retirement Benefits
 
Deferred Gain (Loss) - Hedging
 
Other
 
Accumulated Other Comprehensive Loss
Balance at January 1, 2015
$
(5.4
)
 
$
(235.6
)
 
$
(2.2
)
 
$
(0.3
)
 
$
(243.2
)
Currency translation adjustment, net of tax of $5.1 million
(18.1
)
 

 

 

 
(18.1
)
Amortization of pension related costs, net of tax of $(1.3) million(a)     

 
7.2

 

 

 
7.2

Pension re-measurement, net of tax of $3.3 million

 
(6.9
)
 

 

 
(6.9
)
Settlement of certain pension liabilities, net of tax of $(3.7) million(b)

 
17.3

 

 

 
17.3

Revaluation of derivative financial instrument, net of amounts reclassified into earnings and tax of $1.0 million(c)

 

 
(1.6
)
 

 
(1.6
)
Other comprehensive (loss) income
$
(18.1
)
 
$
17.6

 
$
(1.6
)
 
$

 
$
(2.1
)
Balance at December 31, 2015
$
(23.5
)
 
$
(217.7
)
 
$
(3.8
)
 
$
(0.3
)
 
$
(245.3
)
Currency translation adjustment, net of tax of $(1.1) million
(0.5
)
 

 

 

 
(0.5
)
Amortization of pension related costs, net of tax of $(1.3) million(a)     

 
7.6

 

 

 
7.6

Pension re-measurement, net of tax of $4.1 million

 
(14.3
)
 

 

 
(14.3
)
Revaluation of derivative financial instrument, net of amounts reclassified into earnings and tax of $(0.5) million(b)

 

 
0.8

 

 
0.8

Other comprehensive (loss) income
$
(0.5
)
 
$
(6.7
)
 
$
0.8

 
$

 
$
(6.4
)
Balance at December 31, 2016
$
(24.0
)
 
$
(224.4
)
 
$
(3.0
)
 
$
(0.3
)
 
$
(251.7
)
Currency translation adjustment, net of tax of $0.4 million
9.0

 

 

 

 
9.0

Amortization of pension related costs, net of tax of $(1.6) million(a)

 
8.1

 

 

 
8.1

Pension re-measurement, net of tax of $0.3 million

 
1.8

 

 

 
1.8

Amortization of deferred losses related to the de-designated 2013 Interest Rate Swap, net of tax of $1.4 million(c)

 

 
2.3

 

 
2.3

Curtailment gain, net of tax of $(0.3) million(d)

 
2.1

 

 

 
2.1

Other comprehensive income
$
9.0

 
$
12.0

 
$
2.3

 
$

 
$
23.3

Balance at December 31, 2017
$
(15.0
)
 
$
(212.4
)
 
$
(0.7
)
 
$
(0.3
)
 
$
(228.4
)

(a) 
Amounts represent the change in accumulated other comprehensive loss as a result of the amortization of actuarial losses (gains) arising during each year related to the Company’s pension and other post-retirement plans. See Note 14, "Pension and Post-retirement Benefits," for further discussion of the Company’s pension and other post-retirement plans.
(b) 
Represents the after-tax effective portion of the changes in fair value of the Company’s 2013 Interest Rate Swap, net of amounts reclassified into earnings during 2016 and 2015. See Note 13, "Financial Instruments," for further discussion of the 2013 Interest Rate Swap.
(c) 
See Note 10, "Financial Instruments," for further discussion of the 2013 Interest Rate Swap.
(d) 
As a result of the Elizabeth Arden Acquisition, the Company recognized $2.1 million in curtailment gains related to a foreign non-qualified defined benefit plan of Elizabeth Arden.
Reclassification out of Accumulated Other Comprehensive Loss
Following is a roll-forward of the amounts reclassified out of accumulated other comprehensive loss into earnings during 2017 and 2016:
 
 
2013
Interest Rate Swap
Beginning accumulated losses at December 31, 2015
 
$
(3.8
)
Reclassifications into earnings (net of $1.6 million tax expense)(a)
 
2.7

Change in fair value (net of $1.1 million tax benefit)
 
(1.9
)
Ending accumulated losses at December 31, 2016
 
$
(3.0
)
Reclassifications into earnings (net of $1.4 million tax benefit)(a)
 
2.3

Ending accumulated losses at December 31, 2017
 
$
(0.7
)

(a) 
Reclassified to interest expense.