XML 69 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Accumulated Other Comprehensive Income
 3 Months Ended
Mar. 31, 2013
Accumulated Other Comprehensive Income [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
5. ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table sets details of the changes in accumulated other comprehensive income (losses) for the three months ended March 31, 2013 and 2012.

 

                                         

in thousands

   Currency
Translation
Adjustments		     Unrealized
gain (loss)
on
derivatives		     Change in
pensions		     Change in
other
postretirement
defined
benefit plans		     Total  

Balance at January 1, 2013

   $ 316     $ (425 )    $ (159,560 )    $ (4,297 )    $ (163,966 ) 

Other comprehensive income before reclassifications (net of tax)

     (11,957 )      390       —         —         (11,567 ) 

Amounts reclassified from accumulated other comprehensive income (net of tax)

     —         51       3,779       48       3,878  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net current period other comprehensive income (loss)

     (11,957 )      441       3,779       48       (7,689 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balance at March 31, 2013

   $ (11,641 )    $ 16     $ (155,781 )    $ (4,249 )    $ (171,655 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
           

Balance at January 1, 2012

   $ (11,043 )    $ 1,185     $ (153,002 )    $ (3,881 )    $ (166,741 ) 

Other comprehensive income before reclassifications (net of tax)

     9,454       (409 )      —         —         9,045  

Amounts reclassified from accumulated other comprehensive income (net of tax)

     —         (411 )      3,051       (34 )      2,606  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net current period other comprehensive income (loss)

     9,454       (820 )      3,051       (34 )      11,651  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balance at March 31, 2012

   $ (1,589 )    $ 365     $ (149,951 )    $ (3,915 )    $ (155,090 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

The following table sets forth reclassifications out of accumulated other comprehensive income for the three months ended March 31, 2013 and 2012.

 

                     
    Three months ended March 31      

In thousands

   2013     2012      
Description               Line Item in Statements of Income

Cash Flow Hedges (Note 13)

                    
       

Gains (losses) on cash flow hedges

   $ 70     $ (572 )    Costs of products sold
      (19 )      161     Income tax provision
   

 

 

    

 

 

      

Net of tax

     51       (411 )     

Retirement Plans and
Other Post Retirement Benefits (Note 8)

Amortization of deferred benefit pension plan items

                    

Prior service costs

     613       506     Costs of products sold
      161       107     Selling, general and administrative

Actuarial losses

     4,114       3,490     Costs of products sold
      1,175       833     Selling, general and administrative
   

 

 

    

 

 

      
      6,063       4,936      
      (2,284 )      (1,885 )    Income tax provision
   

 

 

    

 

 

      

Net of tax

     3,779       3,051      

Amortization of deferred benefit other plan items

                    

Prior service costs

     (100 )      (190 )    Costs of products sold
      (25 )      (44 )    Selling, general and administrative

Actuarial losses

     155       138     Costs of products sold
      47       41     Selling, general and administrative
   

 

 

    

 

 

      
      77       (55 )     
      (29 )      21     Income tax provision
   

 

 

    

 

 

      

Net of tax

     48       (34 )     
   

 

 

    

 

 

      

Total reclassifications, net of tax

   $ 3,878     $ 2,606