Quarterly report pursuant to Section 13 or 15(d)

Changes in Accumulated Other Comprehensive Loss

v2.4.0.8
Changes in Accumulated Other Comprehensive Loss
9 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Loss

NOTE 13 – CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS:

 The changes in accumulated other comprehensive loss by component for the nine months ended December 31, 2013 are as follows:

 

         Pension and Other    
Postretirement
Benefit  Items
     Foreign
      Currency      
Items
                 Total               

Balance at April 1, 2013

     $(8,443)                       $410                 $(8,033)             

Other comprehensive income before reclassifications

     -                           73                         73              

Amounts reclassified from accumulated other comprehensive loss

           429                               -                      429              

Net current-period other comprehensive income

           429                            73                       502              

Balance at December 31, 2013

     $(8,014)                       $483                 $(7,531)             

The reclassifications out of accumulated other comprehensive loss by component for the three and nine months ended December 31, 2013 are as follows:

 

      Details about Accumulated Other

      Comprehensive Loss Components

       Amount Reclassified from
Accumulated Other
Comprehensive Loss
        Affected Line Item in the Condensed
Consolidated Statements of

      Operations and Retained Earnings      
             Three Months Ended    
December 31, 2013
        Nine Months Ended    
December 31, 2013
         

Pension and other postretirement benefit items:

          

   Amortization of unrecognized prior service benefit

       $  40                          $ 121(1)                      

   Amortization of actuarial loss

        (261)                          (784)(1)                     
        (221)                          (663)                      Income before provision for income taxes
          (78)                          (234)                      Provision for income taxes
       $(143)                          $(429)                       Net income

 

(1) 

These accumulated other comprehensive loss components are included within the computation of net periodic pension and other postretirement benefit costs. See Note 10.