XML 16 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
COMPREHENSIVE (LOSS) INCOME
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
COMPREHENSIVE (LOSS) INCOME
COMPREHENSIVE (LOSS) INCOME
Comprehensive (loss) income was as follows:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
 
(In thousands)
Net (loss) income
$
3,440

 
$
8,514

 
$
(610
)
 
$
15,207

Foreign currency translation adjustment
1,357

 
(11,005
)
 
(5,423
)
 
(4,158
)
Change in unrealized gain on derivatives, net of tax
451

 
(241
)
 
747

 
(136
)
Pension liability adjustment, net of tax
69

 
2

 
69

 
(2
)
Comprehensive (loss) income
$
5,317

 
$
(2,730
)
 
$
(5,217
)
 
$
10,911



Changes in Accumulated Other Comprehensive Income by component between December 31, 2012 and June 30, 2013 are presented in the table below, net of tax:
 
 
Gains and Losses on Cash Flow Hedges
 
Defined Benefit Pension Items
 
Foreign Currency Items
 
Total
 
 
(In thousands)
Beginning balance
 
$
(2,373
)
 
$
(1,154
)
 
$
(1,270
)
 
$
(4,797
)
Other comprehensive income before reclassifications
 
160

 
69

 
(5,423
)
 
(5,194
)
Amounts reclassified from accumulated other comprehensive income
 
(587
)
 

 

 
(587)
Net current-period other comprehensive income (loss)
 
747

 
69

 
(5,423
)
 
(4,607
)
Ending balance
 
$
(1,626
)
 
$
(1,085
)
 
$
(6,693
)
 
$
(9,404
)


The reclassification adjustments out of Accumulated Other Comprehensive (Loss) Income during the three and six months ended June 30, 2013 were as follows:
Three Months Ended June 30, 2013
Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
 
Affected Line Item in the Statement where Net Income (loss) is Presented
 
 
(In thousands)
 
 
Gains and losses on cash flow hedges
 
 
 
 
Interest rate swap
 
$
(506
)
 
Interest (expense)
Foreign currency forwards
 

 
Cost of goods sold
 
 
(506
)
 
Total before tax
 
 
218

 
Tax (expense) or benefit
 
 
$
(288
)
 
Net of tax

Six Months Ended June 30, 2013
Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
 
Affected Line Item in the Statement where Net Income (loss) is Presented
 
 
(In thousands)
 
 
Gains and losses on cash flow hedges
 
 
 
 
Interest rate swap
 
$
(996
)
 
Interest (expense)
Foreign currency forwards
 
(34
)
 
Cost of goods sold
 
 
(1,030
)
 
Total before tax
 
 
443

 
Tax (expense) or benefit
 
 
$
(587
)
 
Net of tax