Accumulated Other Comprehensive Loss (AOCL)

12 Months Ended

Dec. 31, 2017

Accumulated Other Comprehensive Loss ("AOCL")



Components of AOCL	2017			2016
Defined benefit plan liabilities	$	(102,053	)	$	(125,917	)
Gain (loss) on financial instruments	2,673			2,860
Other comprehensive loss before income tax effect	(99,380		)	(123,057		)
Income tax effect (1)	7,638			9,164
Accumulated other comprehensive loss	$	(91,742	)	$	(113,893	)


(1)	The allocation of the income tax effect to the components of other comprehensive loss is as follows:



	2017			2016
Defined benefit plan liabilities	$	8,173		$	9,736
Gain (loss) on financial instruments	(535		)	(572		)

The following table summarizes the changes in the accumulated balances for each component of AOCL:



	Defined benefit plan and other postretirement liabilities			Gain (loss) on financial instruments			Total, net of tax
Balance, December 31, 2014	$	(115,852	)	$	(1,830	)	$	(117,682	)
Other comprehensive income (loss) before reclassifications	7,311			—			7,311
Net amount reclassified to net loss	(2,126		)	(153		)	(2,279		)
Balance, December 31, 2015	(110,667		)	(1,983		)	(112,650		)
Other comprehensive income before reclassifications	(9,521		)	—			(9,521		)
Net amount reclassified to net loss	4,007			4,271			8,278
Balance, December 31, 2016	(116,181		)	2,288			(113,893		)
Other comprehensive income before reclassifications	20,204			—			20,204
Net amount reclassified to net income	2,097			(150		)	1,947
Balance, December 31, 2017	$	(93,880	)	$	2,138		$	(91,742	)

Reclassifications out of AOCL were included in the consolidated statements of operations as follows:



		Gains (Losses) Reclassified from AOCL to the Consolidated Statements of Operations
AOCL Components	Location	2017			2016			2015
Defined benefit plan and other postretirement liabilities	Cost of goods sold	$	3,075		$	3,464		$	(1,696	)
	Selling, general and administrative expenses	(429		)	465			235
	Other operating expense, net	1,015			1,585			904
	Income tax expense	(1,564		)	(1,507		)	(1,569		)
	Net of tax	$	2,097		$	4,007		$	(2,126	)

Gain (loss) on financial instruments	Cost of goods sold	$	(186	)	$	(185	)	$	(186	)
	Helguvik impairment	—			4,480			—
	Income tax benefit	36			(24		)	33
	Net of tax	$	(150	)	$	4,271		$	(153	)