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Note F - Accumulated Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Sep. 30, 2014
Accumulated Other Comprehensive Loss [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
   

Three Months Ended September 30,

   

Nine Month Endeds September 30,

 

 

 

2014

   

2013

   

2014

   

2013

 
(Dollars in thousands)                                

Pension and other postretirement benefit:

                               

Recognized actuarial loss (gain) (a)

  $ 22     $ 297     $ 360     $ 1,080  

Settlement loss (b)

    -       324       -       2,298  

Settlement loss (c)

    -       166       -       1,179  

Total before income tax

    22       787       360       4,557  

Income tax

    (7 )     (332 )     (133 )     (1,524 )

Net of income tax

  $ 15     $ 455     $ 227     $ 3,033  

(a)

The recognized actuarial loss is included in the computation of net periodic benefit cost. See Note E for additional details.

(b)

This portion of the settlement loss is included in Cost of products sold in the Statements of Income.

(c)

This portion of the settlement loss in included in Selling, general & administrative expenses in the Statements of Income.

Comprehensive Income (Loss) [Table Text Block]
   

Currency

Translation

Adjustments

   

Pension and Other

Postretirement

Benefits

   

Accumulated Other

Comprehensive

Income (loss)

 
                         

(Dollars in thousands)

                       

Balance at January 1, 2014

  $ (1,062 )   $ (7,399 )   $ (8,461 )

Current period credit (charge)

    (2,089 )     360       (1,729 )

Income tax expense

    -       (133 )     (133 )

Balance at September 30, 2014

  $ (3,151 )   $ (7,172 )   $ (10,323 )
   

Currency

Translation

Adjustments

   

Pension and Other

Postretirement

Benefits

   

Accumulated Other

Comprehensive

Income (loss)

 
                         

(Dollars in thousands)

                       

Balance at January 1, 2013

  $ 319     $ (16,601 )   $ (16,282 )

Current period credit (charge)

    (879 )     4,557       3,678  

Income tax expense

    -       (1,524 )     (1,524 )

Balance at September 30, 2013

  $ (560 )   $ (13,568 )   $ (14,128 )