Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2015

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

10. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Changes in Company accumulated other comprehensive income (loss) (AOCI) by component (net of income taxes) for the three and nine months ended September 30, 2015 and 2014, are presented below:

(In thousands)	Foreign Currency Translation Adjustments			Defined Benefit Pension Plan Adjustments			Cash Flow Hedge Adjustments			Total
Balance at June 30, 2014	$	(7,112	)	$	(17,852	)	$	119		$	(24,845	)
Other comprehensive income before reclassifications		(19,546	)		—			—			(19,546	)
Amounts reclassified from AOCI		—			429			2			431
Net current-period other comprehensive income		(19,546	)		429			2			(19,115	)
Balance at September 30, 2014	$	(26,658	)	$	(17,423	)	$	121		$	(43,960	)
Balance at June 30, 2015	$	(62,111	)	$	(39,650	)	$	92		$	(101,669	)
Other comprehensive income before reclassifications		(19,750	)		—			(16	)		(19,766	)
Amounts reclassified from AOCI		—			722			2			724
Net current-period other comprehensive income		(19,750	)		722			(14	)		(19,042	)
Balance at September 30, 2015	$	(81,861	)	$	(38,928	)	$	78		$	(120,711	)
Balance at December 31, 2013	$	(10,971	)	$	(18,672	)	$	115		$	(29,528	)
Other comprehensive income before reclassifications		(15,687	)		—			—			(15,687	)
Amounts reclassified from AOCI		—			1,249			6			1,255
Net current-period other comprehensive income		(15,687	)		1,249			6			(14,432	)
Balance at September 30, 2014	$	(26,658	)	$	(17,423	)	$	121		$	(43,960	)
Balance at December 31, 2014	$	(42,914	)	$	(41,149	)	$	118		$	(83,945	)
Other comprehensive income before reclassifications		(38,947	)		—			(43	)		(38,990	)
Amounts reclassified from AOCI		—			2,221			3			2,224
Net current-period other comprehensive income		(38,947	)		2,221			(40	)		(36,766	)
Balance at September 30, 2015	$	(81,861	)	$	(38,928	)	$	78		$	(120,711	)

Information regarding the reclassifications out of AOCI for the three and nine months periods ended September 30, 2015 and 2014, is displayed below:

(In thousands)	Amount Reclassified from AOCI (a)
AOCI Components	Three Months Ended September 30						Nine Months Ended September 30						Affected Line Item in Consolidated Statements of Income
	2015			2014			2015			2014
Amortization of defined benefit pension actuarial losses	$	(1,149	)	$	(692	)	$	(3,538	)	$	(2,015	)	(b)
		427			263			1,317			766		Tax benefit
	$	(722	)	$	(429	)	$	(2,221	)	$	(1,249	)	Net of tax
Gains and losses on cash flow hedges:
Interest rate contracts	$	(6	)	$	(6	)	$	(16	)	$	(20	)	Interest, net
Foreign exchange contracts		2			2			7			7		Cost of sales
		(4	)		(4	)		(9	)		(13	)	Total before tax
		2			2			6			7		Tax benefit
	$	(2	)	$	(2	)	$	(3	)	$	(6	)	Net of tax
Total reclassifications for the period	$	(724	)	$	(431	)	$	(2,224	)	$	(1,255	)	Net of tax

(a) Amounts in parentheses denote expense to statement of income.

(b) This component of accumulated other comprehensive income is included in the computation of net periodic benefit cost (see Note 8 for additional details).