NOTE F – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes reclassifications out of accumulated other comprehensive income (loss):

	Three Months Ended March 31,
(Dollars in thousands)	2016			2015
Pension and other postretirement benefits:
Recognized actuarial loss (a)	$	351		$	355
Income tax		(101	)		(129	)
Net of income tax	$	250		$	226

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

The following tables summarize changes in accumulated balances for each component of other comprehensive income (loss):

(Dollars in thousands)	Currency Translation Adjustments			Pension and Other Postretirement Benefits			Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2016	$	(9,057	)	$	(13,358	)	$	(22,415	)
Reclassification adjustments		-			351			351
Current period charge		1,500			42			1,542
Income tax expense		-			(143	)		(143	)
Balance at March 31, 2016	$	(7,557	)	$	(13,108	)	$	(20,665	)

(Dollars in thousands)	Currency Translation Adjustments			Pension and Other Postretirement Benefits			Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2015	$	(4,338	)	$	(12,988	)	$	(17,326	)
Reclassification adjustments		-			355			355
Current period charge		(2,836	)		-			(2,836	)
Income tax expense		-			(129	)		(129	)
Balance at March 31, 2015	$	(7,174	)	$	(12,762	)	$	(19,936	)