Accumulated other comprehensive loss, net of tax, is as follows:



(dollars in thousands)	Foreign Currency Translation			Derivative Instruments			Pension and Other Postretirement Benefits			Total Accumulated Comprehensive Loss
Balance on December 31, 2011	$	(4,005	)	$	(2,370	)	$	(121,997	)	$	(128,372	)

Other comprehensive income (loss)	2,364			(1,439		)	—			925
Actuarial gain (loss)	—			—			(37,004		)	(37,004		)
Prior service cost	—			—			2,672			2,672
Currency impact	—			—			(749		)	(749		)

Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of actuarial loss ⁽¹⁾	—			—			11,808			11,808
Amortization of prior service cost ⁽¹⁾	—			—			3,006			3,006
Amortization of transition obligation ⁽¹⁾	—			—			102			102
Cost of sales	—			4,707			—			4,707
Current-period other comprehensive income (loss)	2,364			3,268			(20,165		)	(14,533		)
Tax effect	—			(409		)	2,274			1,865
Balance on December 31, 2012	(1,641		)	489			(139,888		)	(141,040		)

Other comprehensive income (loss)	6,195			777			—			6,972
Actuarial gain (loss)	—			—			47,704			47,704
Currency impact	—			—			(298		)	(298		)

Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of actuarial loss ⁽¹⁾	—			—			12,185			12,185
Amortization of prior service cost ⁽¹⁾	—			—			1,476			1,476
Amortization of transition obligation ⁽¹⁾	—			—			84			84
Cost of sales	—			57			—			57
Current-period other comprehensive income (loss)	6,195			834			61,151			68,180
Tax effect	—			(102		)	(198		)	(300		)
Balance on December 31, 2013	$	4,554		$	1,221		$	(78,935	)	$	(73,160	)

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⁽¹⁾ These accumulated other comprehensive income components are included in the computation of net periodic benefit cost within the cost of sales and selling, general and administrative expenses on the Consolidated Statements of Operations.