ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

6 Months Ended

Jun. 30, 2018

ACCUMULATED OTHER COMPREHENSIVE INCOME

Changes in Accumulated Other Comprehensive Income/(Loss) by Component


	Foreign		Defined Benefit
	Currency		Pension Plans		Derivatives		Total
Balance - December 31, 2016	$	(259,888)	$	(59,775)	$	(46)	$	(319,709)
Other comprehensive income before reclassifications		51,595		—		—		51,595
Amounts reclassified from accumulated other comprehensive income		—		1,775		14		1,789
Net current-period other comprehensive income		51,595		1,775		14		53,384
Balance - June 30, 2017	$	(208,293)	$	(58,000)	$	(32)	$	(266,325)

Balance - December 31, 2017	$	(185,503)	$	(64,595)	$	(3,204)	$	(253,302)
Other comprehensive income before reclassifications		(43,283)		—		10,794		(32,489)
Amounts reclassified from accumulated other comprehensive income		—		2,699		(8,568)		(5,869)
Net current-period other comprehensive income		(43,283)		2,699		2,226		(38,358)
Balance - June 30, 2018	$	(228,786)	$	(61,896)	$	(978)	$	(291,660)

Reclassifications Out of Accumulated Other Comprehensive (Loss) Income

Reclassifications Out of Accumulated Other Comprehensive (Loss) Income:


	Amount Reclassified from
Details about Accumulated Other	Accumulated Other				Affected Line in the Statement
Comprehensive Income Components	Comprehensive Income				Where Net Income is Presented
Three Months Ended June 30,	2018		2017

Defined Benefit Pension Plans
Amortization of net loss	$	1,643	$	1,261	(1)
Amortization of prior service cost		125		98	(1)
		1,768		1,359	Total before tax
		(425)		(463)	Tax benefit
	$	1,343	$	896	Net of tax
Derivatives
Changes in treasury locks	$	11	$	11	Interest Expense
Changes in cross currency swap: interest component		(1,468)		—	Interest Expense
Changes in cross currency swap: foreign exchange component		(14,969)		—	Miscellaneous, net
		(16,426)		11	Total before tax
		2,790		(4)	Tax benefit
	$	(13,636)	$	7	Net of tax
Total reclassifications for the period	$	(12,293)	$	903


	Amount Reclassified from
Details about Accumulated Other	Accumulated Other				Affected Line in the Statement
Comprehensive Income Components	Comprehensive Income				Where Net Income is Presented
Six Months Ended June 30,	2018		2017

Defined Benefit Pension Plans
Amortization of net loss	$	3,307	$	2,509	(1)
Amortization of prior service cost		254		192	(1)
		3,561		2,701	Total before tax
		(862)		(926)	Tax benefit
	$	2,699	$	1,775	Net of tax
Derivatives
Changes in treasury locks	$	22	$	21	Interest Expense
Changes in cross currency swap: interest component		(2,487)		—	Interest Expense
Changes in cross currency swap: foreign exchange component		(7,853)		—	Miscellaneous, net
		(10,318)		21	Total before tax
		1,750		(7)	Tax benefit
	$	(8,568)	$	14	Net of tax
Total reclassifications for the period	$	(5,869)	$	1,789

(1)

These accumulated other comprehensive income components are included in the computation of net periodic benefit costs, net of tax (see Note 7 – Retirement and Deferred Compensation Plans for additional details).