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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
6 Months Ended
Jun. 30, 2017
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]  
Changes in Accumulated Other Comprehensive Income (Loss)
The changes in accumulated other comprehensive income (loss) were as follows:
 
  
Three Months Ended
June 30,
 
  
2017
  
2016
 
Net foreign currency translation adjustment
 
$
2,697
  
$
(707
)
Net change in postretirement benefit plan (see Note 14 for further information)
        
Initial adoption of new plan
  
-
   
(444
)
Amortization of prior service cost
  
19
   
26
 
Amortization of gain
  
(4
)
  
(2
)
Total before tax
  
15
   
(420
)
Tax
  
(4
)
  
(6
)
Net of tax
  
11
   
(426
)
         
Total other comprehensive income (loss)
 
$
2,708
  
$
(1,133
)

  
Six Months Ended
June 30,
 
  
2017
  
2016
 
Net foreign currency translation adjustment
 
$
3,238
  
$
548
 
Net change in postretirement benefit plan (see Note 14 for further information)
        
Initial adoption of new plan
  
-
   
(444
)
Amortization of prior service cost
  
38
   
24
 
Amortization of gain
  
(8
)
  
(5
)
Total before tax
  
30
   
(425
)
Tax
  
(9
)
  
(5
)
Net of tax
  
21
   
(430
)
         
Total other comprehensive income
 
$
3,259
  
$
118
 
Components of Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss at June 30, 2017 and December 31, 2016 consisted of the following:

  
Foreign currency
translation
adjustment
  
Postretirement
benefit plan
  
Total
 
Balance December 31, 2016
 
$
(6,707
)
 
$
(142
)
 
$
(6,849
)
Other comprehensive income/(loss)
  
3,238
   
21
   
3,259
 
Balance June 30, 2017
 
$
(3,469
)
 
$
(121
)
 
$
(3,590
)