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Accumulated Other Comprehensive Income
 3 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Accumulated Other Comprehensive Income
6. ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table sets forth details of the changes in accumulated other comprehensive income (losses) for the three months ended March 31, 2014 and 2013.

 

in thousands

    Currency
Translation
Adjustments		     Unrealized
gain (loss)
on
cash flow
hedges		     Pension Plans     Other
postretirement
benefit plans		     Total  

Balance at January 1, 2014

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

Other comprehensive income before reclassifications (net of tax)

      728        (403 )      —          —          325   

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

      —          324        2,281        35        2,640   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net current period other comprehensive income (loss)

      728        (79 )      2,281        35        2,965   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balance at March 31, 2014

    $ 15,869      $ (1,020 )    $ (87,266 )    $ 25      $ (72,392 ) 
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balance at January 1, 2013

    $ 315      $ (424 )    $ (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

    $ (11,642 )    $ 17      $ (155,781 )    $ (4,249 )    $ (171,655 ) 
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

Reclassifications out of accumulated other comprehensive income were as follows:

 

     Three months ended
March 31		      

In thousands

    2014     2013      
Description                Line Item in Statements of Income

Cash flow hedges (Note 14)

       

(Gains) losses on cash flow hedges

    $ 449      $ 70      Costs of products sold
     (125 )      (19 )    Income tax provision
  

 

 

    

 

 

    

Net of tax

      324        51     

Retirement plan obligations (Note 9)

       

Amortization of deferred benefit pension plan items

       

Prior service costs

      548        613      Costs of products sold
     186        161      Selling, general and administrative

Actuarial losses

      2,196        4,114      Costs of products sold
     744        1,175      Selling, general and administrative
  

 

 

    

 

 

    
     3,674        6,063     
     (1,393 )      (2,284 )    Income tax provision
  

 

 

    

 

 

    

Net of tax

      2,281        3,779     

Amortization of deferred benefit other plan items

       

Prior service costs

      (59 )      (100 )    Costs of products sold
     (13 )      (25 )    Selling, general and administrative

Actuarial losses

      106        155      Costs of products sold
     23        47      Selling, general and administrative
  

 

 

    

 

 

    
     57        77     
     (22 )      (29 )    Income tax provision
  

 

 

    

 

 

    

Net of tax

      35        48     
  

 

 

    

 

 

    

Total reclassifications, net of tax

    $ 2,640      $ 3,878