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Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2016
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 six months ended June 30, 2016 are as follows:
In thousands
Foreign
currency
translation
 
Derivative
contracts
 
Pension and
post
retirement
benefit plans
 
Total
Balance at December 31, 2015
$
(227,349
)
 
$
(2,987
)
 
$
(46,383
)
 
$
(276,719
)
Other comprehensive (loss) before reclassifications
(10,119
)
 
(2,758
)
 
(2,293
)
 
(15,170
)
Amounts reclassified from accumulated other
 
 
 
 
 
 
 
comprehensive income

 
647

 
896

 
1,543

Net current period other comprehensive (loss)
(10,119
)
 
(2,111
)
 
(1,397
)
 
(13,627
)
Balance at June 30, 2016
$
(237,468
)
 
$
(5,098
)
 
$
(47,780
)
 
$
(290,346
)
Reclassifications Out of Accumulated Other Comprehensive Loss
Reclassifications out of accumulated other comprehensive loss for the three months ended June 30, 2016 are as follows:
In thousands
Amount reclassified from
accumulated other
comprehensive income
 
Affected line item in the
Condensed Consolidated
Statements of Operations
Amortization of defined pension and post retirement items
 
 
 
Amortization of initial net obligation and prior service cost
$
(422
)
 
Cost of sales
Amortization of net loss
971

 
Cost of sales
 
549

 
Income from Operations
 
(157
)
 
Income tax expense
 
$
392

 
Net income
 
 
 
 
Derivative contracts
 
 
 
Realized loss on derivative contracts
$
453

 
Interest expense, net
 
(130
)
 
Income tax expense
 
$
323

 
Net income
Reclassifications out of accumulated other comprehensive loss for the six months ended June 30, 2016 are as follows:
In thousands
Amount reclassified from
accumulated other
comprehensive income
 
Affected line item in the
Condensed Consolidated
Statements of Operations
Amortization of defined pension and post retirement items
 
 
 
Amortization of initial net obligation and prior service cost
$
(807
)

Cost of sales
Amortization of net loss
2,091

 
Cost of sales
 
1,284

 
Income from Operations
 
(388
)

Income tax expense
 
$
896

 
Net income
 
 
 
 
Derivative contracts
 
 
 
Realized loss on derivative contracts
$
927

 
Interest expense, net
 
(280
)

Income tax expense
 
$
647

 
Net income