Annual report pursuant to Section 13 and 15(d)

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
 12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
15. ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

 

Accumulated other comprehensive income/(loss) consist of the following (in thousands):

 

    Pension
Liability
Adjustment 		    Foreign
Currency
Translation 		    Total  
Balance at December 31, 2012   $ (62,502 )   $ 5,535     $ (56,967 )
Change during 2013:                        
Before-tax amount     45,677       (4,720 )     40,957  
Tax benefit     (17,575 )     1,814       (15,761 )
      28,102       (2,906 )     25,196  
Balance at December 31, 2013     (34,400 )     2,629       (31,771 )
Change during 2014                        
Before-tax amount     (41,721 )     (9,934 )     (51,655 )
Tax benefit     16,146       1,792       17,938  
      (25,575 )     (8,142 )     (33,717 )
Balance at December 31, 2014   $ (59,975 )   $ (5,513 )   $ (65,488 )