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Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Accumulated Other Comprehensive Income
7. ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table sets forth details of the changes in accumulated other comprehensive income (losses) for the three years ended December 31, 2013, 2012 and 2011.

 

in thousands

     
 
 		 Currency
Translation
Adjustments		   
  
  		    

 

 
 

 Unrealized

gain (loss)

on cash
flow hedges

   

  

  
  

    
 		 Pension
Plans		   
  		    
 
 		 Other
postretirement
benefit plans		   
  
  		     Total   

Balance at January 1, 2011

    $ (883 )    $ –      $ (114,333 )    $ (6,031 )    $ (121,247 ) 

Other comprehensive income before reclassifications (net of tax)

      (10,160 )      1,308        (48,452 )      2,361        (54,943 ) 

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

      –        (123 )      9,783        (211 )      9,449   

Net current period other comprehensive income (loss)

      (10,160 )      1,185        (38,669 )      2,150        (45,494 ) 

Balance at December 31, 2011

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

Other comprehensive income before reclassifications (net of tax)

      11,358        (39 )      (18,657 )      (244 )      (7,582 ) 

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

      –        (1,570 )      12,099        (172 )      10,357   

Net current period other comprehensive income (loss)

      11,358        (1,609 )      (6,558 )      (416 )      2,775   

Balance at December 31, 2012

      315        (424 )      (159,560 )      (4,297 )      (163,966 ) 

Other comprehensive income before reclassifications (net of tax)

      14,826        (1,198 )      54,906        4,187        72,721   

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

      –        681        15,107        100        15,888   

Net current period other comprehensive income (loss)

      14,826        (517 )      70,013        4,287        88,609   

Balance at December 31, 2013

    $ 15,141      $ (941 )    $ (89,547 )    $ (10 )    $ (75,357 ) 

The following table sets forth the amounts reclassified from accumulated other comprehensive income (losses) for the years indicated.

 

     Year ended December 31     

In thousands

      2013        2012        2011       

Description

          Line Item in Statements of Income

Cash flow hedges (Note 19)

         

(Gains) losses on cash flow hedges

    $ 945      $ (2,183 )    $ (174 )    Costs of products sold
     (264 )      613        51      Income tax provision

Net of tax

      681        (1,570 )      (123 )   

Retirement plan obligations (Note 10)

         

Amortization of deferred benefit pension
plan items Prior service costs

      2,470        2,025        2,113      Costs of products sold
     649        430        453      Selling, general and administrative

Actuarial losses

      16,399        13,764        10,925      Costs of products sold
     4,699        3,256        2,342      Selling, general and administrative
     24,217        19,475        15,833     
     (9,110 )      (7,376 )      (6,050 )    Income tax provision

Net of tax

      15,107        12,099        9,783     

Amortization of deferred benefit other
plan items Prior service costs

      (384 )      (760 )      (1,005 )    Costs of products sold
     (96 )      (177 )      (216 )    Selling, general and administrative

Actuarial losses

      494        511        725      Costs of products sold
     147        149        155      Selling, general and administrative
     161        (277 )      (341 )   
     (61 )      105        130      Income tax provision

Net of tax

      100        (172 )      (211 )   

Total reclassifications, net of tax

    $ 15,888      $ 10,357      $ 9,449