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Note 5 - Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]
Note
5
– Accumulated Other Comprehensive Loss
 
The reclassifications out of accumulated other comprehensive loss as reported in the Consolidated Statement
s of Income are:
 
Pension and other postretirement benefits:
 
201
7
   
201
6
   
201
5
 
Recognized actuarial loss (a)
  $
1,093
    $
1,402
    $
1,581
 
Settlement loss (b)
   
2,628
     
-
     
2,584
 
Settlement loss (c)
   
1,403
     
-
     
1,199
 
Total before income tax
   
5,124
     
1,402
     
5,364
 
Income tax
   
(1,670
)    
(446
)    
(1,749
)
Net of income tax
  $
3,454
    $
956
    $
3,615
 
 
(a)
The recognized actuarial loss is included in the computation of net periodic benefit cost. See Note
7,
Pensions and Other Postretirement Benefits. 
(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 Consolid
ated Balance Sheets are:
 
   
Currency Translation Adjustments
   
Pension and OPEB Adjustments
   
Accumulated Other Comprehensive (Loss) Income
 
Balance at
December 31, 2014
  $
(4,338
)   $
(12,988
)   $
(17,326
)
Reclassification adjustments
   
-
     
5,364
     
5,364
 
Current period charge
   
(4,719
)    
(6,038
)    
(10,757
)
Income tax benefit
   
-
     
304
     
304
 
Balance at December
31, 2015
   
(9,057
)    
(13,358
)    
(22,415
)
Reclassification adjustments
   
-
     
1,402
     
1,402
 
Current period benefit
   
215
     
1,357
     
1,572
 
Income tax charge
   
-
     
(1,024
)    
(1,024
)
Balance at December
31, 2016
   
(8,842
)    
(11,623
)    
(20,465
)
Reclassification adjustments
   
 
     
5,124
     
5,124
 
Current period benefit
   
3,521
     
1,479
     
5,000
 
Income tax charge
   
 
     
(2,168
)    
(2,168
)
Balance at December
31, 2017
  $
(5,321
)   $
(7,188
)   $
(12,509
)