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Note E - Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2015
Notes to Financial Statements  
Accumulated Other Comprehensive Loss [Text Block]
Note
E
–
Accu
m
ulated
Other
Comp
r
ehens
i
v
e
Loss
 
The reclassifications out of accumulated other comprehensive loss as reported in the Consolidated Statement of Income are:
 
P
ension and
other
post
r
eti
r
ement
benefits:
 
2015
 
 
2014
 
 
2013
 
Recognized actuarial loss (a)
 
$
1,581
 
   $ 483     $ 1,357  
Settlement loss (b)
 
 
2,584
 
     –       2,756  
Settlement loss ©
 
 
1,199
 
     –       1,413  
Total before income tax
 
 
5,364
 
     483       5,526  
Income tax
 
 
(1,749
)
     (177 )     (2,006 )
Net of income tax
 
$
3,615
 
   $ 306     $ 3,520  
 
(a) The recognized actuarial loss is included in the computation of net periodic benefit cost. See Note G for additional details.
 
(b) This portion of the settlement loss is included in cost of products sold in the Consolidated Statements of Income.
 
(c) This portion of the settlement loss is included in selling, general and administrative expenses in the Consolidated Statements of Income.
 
 
 
 
The components of accumulated other comprehensive loss as reported in the Consolidated Balance Sheets are:
 
 
 
Currency
Translation
Adjustments
 
 
Pension and
OPEB
Adjustments
 
 
Accumulated
Other
Comprehensive
(Loss) Income
 
Balance at January 1, 2013
   $ 319       (16,601
)
     (16,282
)
Reclassifications adjustments
     —       5,526       5,526  
Current period credit (charge)
     (1,381
)
     8,925       7,544  
Income tax benefit
     —       (5,249
)
     (5,249
)
                         
Balance at December 31, 2013
     (1,062
)
     (7,399
)
     (8,461
)
Reclassifications adjustments
     —       483       483  
Current period (charge) credit
     (3,276
)
     (9,294
)
     (12,570
)
Income tax charge
     —       3,222       3,222  
                         
Balance at December 31, 2014
     (4,338
)
 
$
(12,988
)
 
$
(17,326
)
Reclassifications adjustments
 
 
—
 
 
 
5,364
 
 
 
5,364
 
Current period charge
 
 
(4,719
)
 
 
(6,038
)
 
 
(10,757
)
Income tax benefit
 
 
—
 
 
 
304
 
 
 
304
 
                         
Balance at December 31, 201
5
 
$
(9,037
)
 
 
(13,358
)
 
 
(22,415
)