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Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2014
Accounting Policies [Abstract]  
Changes in Accumulated Other Comprehensive Loss by Component, Net of Tax

The changes in accumulated other comprehensive loss by component, net of tax, for the nine months ended September 30, 2014 are as follows:

 

 

 

 

 

 

 

 

 

 

Pension and

 

 

 

 

 

 

Foreign

 

 

 

 

 

 

post

 

 

 

 

 

 

currency

 

 

Derivative

 

 

retirement

 

 

 

 

 

In thousands

translation

 

 

contracts

 

 

benefits plans

 

 

Total

 

Balance at December 31, 2013

$

17,326

 

 

$

(2,010

)

 

$

(50,172

)

 

$

(34,856

)

Other comprehensive income (loss) before reclassifications

 

(52,876

)

 

 

(876

)

 

 

1,156

 

 

 

(52,596

)

Amounts reclassified from accumulated other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

comprehensive income

 

-

 

 

 

1,167

 

 

 

2,000

 

 

 

3,167

 

Net current period other comprehensive income (loss)

 

(52,876

)

 

 

291

 

 

 

3,156

 

 

 

(49,429

)

Balance at September 30, 2014

$

(35,550

)

 

$

(1,719

)

 

$

(47,016

)

 

$

(84,285

)

 

Reclassifications Out of Accumulated Other Comprehensive Loss

Reclassifications out of accumulated other comprehensive loss for the three months ended September 30, 2014 are as follows:

 

 

Amount reclassified from

 

 

Affected line item in the

 

accumulated other

 

 

Condensed Consolidated

In thousands

comprehensive income

 

 

Statements of Operations

Amortization of defined pension and post retirement items

 

 

 

 

 

Amortization of initial net obligation and prior service cost

$

(613

)

 

Cost of sales

Amortization of net loss

 

1,368

 

 

Cost of sales

 

 

755

 

 

Income from Operations

 

 

(236

)

 

Income tax expense

 

$

519

 

 

Net income

 

 

 

 

 

 

Derivative contracts

 

 

 

 

 

Realized loss on derivative contracts

$

492

 

 

Interest expense, net

 

 

(154

)

 

Income tax expense

 

$

338

 

 

Net income

 

Reclassifications out of accumulated other comprehensive loss for the nine months ended September 30, 2014 are as follows:

 

Amount reclassified from

 

 

Affected line item in the

 

accumulated other

 

 

Condensed Consolidated

In thousands

comprehensive income

 

 

Statements of Operations

Amortization of defined pension and post retirement items

 

 

 

 

 

Amortization of initial net obligation and prior service cost

$

(1,843

)

 

Cost of sales

Amortization of net loss

 

4,751

 

 

Cost of sales

 

 

2,908

 

 

Income from Operations

 

 

(908

)

 

Income tax expense

 

$

2,000

 

 

Net income

 

 

 

 

 

 

Derivative contracts

 

 

 

 

 

Realized loss on derivative contracts

$

1,697

 

 

Interest expense, net

 

 

(530

)

 

Income tax expense

 

$

1,167

 

 

Net income