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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
The components of Accumulated Other Comprehensive Income (Loss) are as follows (in thousands):
 
 
Three Months Ended
 
Three Months Ended
 
 
March 31, 2015
 
March 31, 2014
 
 
Foreign
Currency
Translation
 
Unrealized (Loss) Gain
on Cash Flow Hedges
 
Unrealized (Loss) Gain
on Pension Plan
 
Accumulated
Other
Comprehensive
(Loss) Income
 
Foreign
Currency
Translation
 
Unrealized (Loss) Gain
on Cash Flow Hedges
 
Unrealized Gain (Loss) on Pension Plan
 
Accumulated
Other
Comprehensive
Income (Loss)
Beginning balance
 
$
(27,073
)
 
$
(3,401
)
 
$
(9,751
)
 
$
(40,225
)
 
$
24,906

 
$
(5,596
)
 
$
701

 
$
20,011

Pretax (loss) income
 
(54,810
)
 
(1,074
)
 

 
(55,884
)
 
(563
)
 
(642
)
 

 
(1,205
)
Income tax effect
 

 
370

 

 
370

 

 
168

 

 
168

Reclassification of unrealized loss (gain)
 

 
1,522

 
170

 
1,692

 

 
1,960

 
(47
)
 
1,913

Reclassification of deferred income taxes
 

 
(535
)
 
(42
)
 
(577
)
 

 
(693
)
 
10

 
(683
)
Ending Balance
 
$
(81,883
)
 
$
(3,118
)
 
$
(9,623
)
 
$
(94,624
)
 
$
24,343

 
$
(4,803
)
 
$
664

 
$
20,204


Unrealized losses on our interest rate swap contracts totaling $1.5 million were reclassified to interest expense in our Unaudited Condensed Consolidated Statements of Income during the three months ended March 31, 2015 and 2014. The remaining reclassification of unrealized losses during the three months ended March 31, 2014 related to our foreign currency forward contracts and was recorded to other income in our Unaudited Condensed Consolidated Statements of Income. These losses offset the remeasurement of certain of our intercompany balances. The deferred income taxes related to our cash flow hedges were reclassified from Accumulated Other Comprehensive Income to income tax expense.