Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2016

Jun. 30, 2015

Accumulated Other Comprehensive Income (Loss) [Line Items]

The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2016:



(In Thousands)	Foreign currency translation adjustment			Gain (loss) on derivative financial instruments			Pension and other post-retirement benefit adjustments			Total
Beginning balance, January 1, 2016	$	(112,807	)	$	(373	)	$	(95,539	)	$	(208,719	)
Other comprehensive income (loss) before reclassifications	23,648			86			—			23,734
Amounts reclassified from accumulated other comprehensive income (loss)	—			931			4,607			5,538
Net other comprehensive income (loss) - current period	23,648			1,017			4,607			29,272
Ending balance, June 30, 2016	$	(89,159	)	$	644		$	(90,932	)	$	(179,447	)

The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2015:



(In Thousands)	Foreign currency translation adjustment			Gain (loss) on derivative financial instruments			Pension and other post-retirement benefit adjustments			Total
Beginning balance, January 1, 2015	$	(47,270	)	$	656		$	(103,581	)	$	(150,195	)
Other comprehensive income (loss) before reclassifications	(29,096		)	(1,950		)	—			(31,046		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			309			5,045			5,354
Net other comprehensive income (loss) - current period	(29,096		)	(1,641		)	5,045			(25,692		)
Ending balance, June 30, 2015	$	(76,366	)	$	(985	)	$	(98,536	)	$	(175,887	)

Reclassification out of Accumulated Other Comprehensive Income [Member] | Gain (Loss) on Derivative Financial Instruments | Aluminum Futures Contracts [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Cost of goods sold

The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2016:



(In Thousands)	Foreign currency translation adjustment			Gain (loss) on derivative financial instruments			Pension and other post-retirement benefit adjustments			Total
Beginning balance, January 1, 2016	$	(112,807	)	$	(373	)	$	(95,539	)	$	(208,719	)
Other comprehensive income (loss) before reclassifications	23,648			86			—			23,734
Amounts reclassified from accumulated other comprehensive income (loss)	—			931			4,607			5,538
Net other comprehensive income (loss) - current period	23,648			1,017			4,607			29,272
Ending balance, June 30, 2016	$	(89,159	)	$	644		$	(90,932	)	$	(179,447	)

The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2015:



(In Thousands)	Foreign currency translation adjustment			Gain (loss) on derivative financial instruments			Pension and other post-retirement benefit adjustments			Total
Beginning balance, January 1, 2015	$	(47,270	)	$	656		$	(103,581	)	$	(150,195	)
Other comprehensive income (loss) before reclassifications	(29,096		)	(1,950		)	—			(31,046		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			309			5,045			5,354
Net other comprehensive income (loss) - current period	(29,096		)	(1,641		)	5,045			(25,692		)
Ending balance, June 30, 2015	$	(76,366	)	$	(985	)	$	(98,536	)	$	(175,887	)

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended June 30, 2016 are summarized as follows:



(In Thousands)	Amount reclassified from other comprehensive income			Location of gain (loss) reclassified from accumulated other comprehensive income to net income
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes	$	(525	)	Cost of sales
Foreign currency forward contracts, before taxes	16			Cost of sales
Total, before taxes	(509		)
Income tax expense (benefit)	(182		)	Income taxes
Total, net of tax	$	(327	)
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes	$	(3,336	)	(a)
Income tax expense (benefit)	(1,211		)	Income taxes
Total, net of tax	$	(2,125	)


(a)	This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 8 for additional detail).

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the six months ended June 30, 2016 are summarized as follows:



(In Thousands)	Amount reclassified from other comprehensive income			Location of gain (loss) reclassified from accumulated other comprehensive income to net income
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes	$	(1,509	)	Cost of sales
Foreign currency forward contracts, before taxes	31			Cost of sales
Total, before taxes	(1,478		)
Income tax expense (benefit)	(547		)	Income taxes
Total, net of tax	$	(931	)
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes	$	(6,673	)	(a)
Income tax expense (benefit)	(2,066		)	Income taxes
Total, net of tax	$	(4,607	)


(a)	This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 8 for additional detail).

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended June 30, 2015 are summarized as follows:



(In Thousands)	Amount reclassified from other comprehensive income			Location of gain (loss) reclassified from accumulated other comprehensive income to net income
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes	$	(481	)	Cost of sales
Foreign currency forward contracts, before taxes	16			Cost of sales
Total, before taxes	(465		)
Income tax expense (benefit)	(176		)	Income taxes
Total, net of tax	$	(289	)
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes	$	(3,985	)	(a)
Income tax expense (benefit)	(1,462		)	Income taxes
Total, net of tax	$	(2,523	)


(a)	This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 8 for additional detail).

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the six months ended June 30, 2015 are summarized as follows:



(In Thousands)	Amount reclassified from other comprehensive income			Location of gain (loss) reclassified from accumulated other comprehensive income to net income
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes	$	(529	)	Cost of sales
Foreign currency forward contracts, before taxes	31			Cost of sales
Total, before taxes	(498		)
Income tax expense (benefit)	(189		)	Income taxes
Total, net of tax	$	(309	)
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes	$	(7,969	)	(a)
Income tax expense (benefit)	(2,924		)	Income taxes
Total, net of tax	$	(5,045	)


(a)	This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 8 for additional detail).