XML 62 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Other Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2014
Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents changes in accumulated other comprehensive income by component for the nine months ended September 30, 2014 and 2013:
 
Currency Translation Adjustment, Net of Tax
 
Net Unrealized
Gain (Loss) on
Cash Flow Hedging Arrangements,
Net of Tax
 
Pension and Post-Retirement Benefit Related Items,
Net of Tax
 
Total
Balance at December 31, 2013
$
77,915

 
$
(2,433
)
 
$
(110,518
)
 
$
(35,036
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
Unrealized gains (losses) on cash flow hedging arrangements

 
(445
)
 

 
(445
)
Foreign currency translation adjustment
(47,483
)
 
30

 
4,644

 
(42,809
)
Amounts recognized from accumulated other comprehensive income (loss), net of tax

 
1,075

 
1,186

 
2,261

Net change in other comprehensive income (loss), net of tax
(47,483
)
 
660

 
5,830

 
(40,993
)
Balance at September 30, 2014
$
30,432

 
$
(1,773
)
 
$
(104,688
)
 
$
(76,029
)
Disclosure of Reclassification Amount [Text Block]
The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three and nine month periods ended September 30:
 
 
Three months ended September 30,
 
 
 
 
2014
 
2013
 
Location of Amounts Recognized in Earnings
Effective portion of losses on cash flow hedging arrangements:
 
 
 
 
 
 
Interest rate swap agreements
 
$
787

 
$
777

 
Interest expense
Foreign currency forward contracts
 
(247
)
 
486

 
Cost of sales - products
Total before taxes
 
540

 
1,263

 
 
Provision for taxes
 
253

 
399

 
Provision for taxes
Total, net of taxes
 
$
287

 
$
864

 
 
 
 
 
 
 
 
 
Recognition of defined benefit pension and post-retirement items:
 
 
 
 
 
 
Recognition of actuarial losses, plan amendments and prior service cost, before taxes
 
$
719

 
$
2,571

 
(a)
Provision for taxes
 
313

 
907

 
Provision for taxes
Total, net of taxes
 
$
406

 
$
1,664

 
 
Schedule of Comprehensive Income (Loss) [Table Text Block]
Comprehensive income (loss), net of tax consisted of the following as of September 30:
 
Three Months Ended
 
Nine Months Ended
 
2014
 
2013
 
2014
 
2013
Net earnings
$
84,996

 
$
74,326

 
$
217,069

 
$
195,932

Other comprehensive income (loss), net of tax
(40,456
)
 
28,206

 
(40,993
)
 
16,926

Comprehensive income, net of tax
$
44,540

 
$
102,532

 
$
176,076

 
$
212,858