Quarterly report pursuant to Section 13 or 15(d)

Changes in Accumulated Other Comprehensive Loss

v3.2.0.727
Changes in Accumulated Other Comprehensive Loss
 3 Months Ended
Jun. 30, 2015
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 three months ended June 30, 2015 and 2014 are as follows:

 

     Pension and
Other
Postretirement
Benefit Items		      Foreign
Currency
Items		      Total  

Balance at April 1, 2015

    $ (9,462 )     $ 406       $ (9,056 ) 

Other comprehensive income before reclassifications

      —           (1 )       (1 ) 

Amounts reclassified from accumulated other comprehensive loss

      196         —           196   
  

 

 

     

 

 

     

 

 

  

Net current-period other comprehensive income

   196      (1 )    195   
  

 

 

     

 

 

     

 

 

  

Balance at June 30, 2015

 $ (9,266 )  $ 405    $ (8,861 ) 
  

 

 

     

 

 

     

 

 

  

 

     Pension and
Other
Postretirement
Benefit Items		      Foreign
Currency
Items		      Total  

Balance at April 1, 2014

    $ (6,168 )     $ 403       $ (5,765 ) 

Other comprehensive income before reclassifications

      —           5         5   

Amounts reclassified from accumulated other comprehensive loss

      84         —           84   
  

 

 

     

 

 

     

 

 

  

Net current-period other comprehensive income

   84      5      89   
  

 

 

     

 

 

     

 

 

  

Balance at June 30, 2014

 $ (6,084 )  $ 408    $ (5,676 ) 
  

 

 

     

 

 

     

 

 

  

The reclassifications out of accumulated other comprehensive loss by component for the three months ended June 30, 2015 and 2014 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      
     June 30,      
     2015     2014      

Pension and other postretirement benefit items:

       

Amortization of unrecognized prior service benefit

    $ —        $ 25 (1)   

Amortization of actuarial loss

      (303 )(1)      (155 )(1)   
  

 

 

    

 

 

    
  (303 )    (130 )  Income before provision for income taxes
  (107 )    (46 )  Provision for income taxes
  

 

 

    

 

 

    
$ (196 )  $ (84 )  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.