Note D – Accumulated Other Comprehensive Income (“AOCI”)
The following tables set forth the total changes in AOCI by component, net of tax:
|
|
|
Year Ended December 31, 2016 |
|
|
Year Ended December 31, 2015 |
|
|
|
|
|
|
|
|
Cumulative |
|
|
|
|
|
|
|
|
|
|
Cumulative |
|
|
|
|
|
|
|
|
Unrecognized |
|
|
Translation |
|
|
|
|
|
|
Unrecognized |
|
|
Translation |
|
|
|
|
|
|
|
|
Benefit Cost |
|
|
Adjustment |
|
|
Total |
|
|
Benefit Cost |
|
|
Adjustment |
|
|
Total |
|
|
Balance at January 1 |
|
$ |
(6,235 |
) |
|
$ |
(47,916 |
) |
|
$ |
(54,151 |
) |
|
$ |
(7,007 |
) |
|
$ |
(28,127 |
) |
|
$ |
(35,134 |
) |
|
Other comprehensive income before reclassifications: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss on foreign currency translation adjustment |
|
|
0 |
|
|
|
(3,579 |
) |
|
|
(3,579 |
) |
|
|
0 |
|
|
|
(19,789 |
) |
|
|
(19,789 |
) |
|
Gain (loss) on unfunded pension obligations |
|
|
35 |
|
|
|
0 |
|
|
|
35 |
|
|
|
408 |
|
|
|
0 |
|
|
|
408 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amounts reclassified from AOCI: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization of defined benefit pension actuarial
loss (a) |
|
|
326 |
|
|
|
0 |
|
|
|
326 |
|
|
|
364 |
|
|
|
0 |
|
|
|
364 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current period other comprehensive income (loss) |
|
|
361 |
|
|
|
(3,579 |
) |
|
|
(3,218 |
) |
|
|
772 |
|
|
|
(19,789 |
) |
|
|
(19,017 |
) |
|
Balance at December 31 |
|
$ |
(5,874 |
) |
|
$ |
(51,495 |
) |
|
$ |
(57,369 |
) |
|
$ |
(6,235 |
) |
|
$ |
(47,916 |
) |
|
$ |
(54,151 |
) |
|
(a) |
This AOCI component is included in the computation of net periodic pension costs as noted in Note C – Pension Plans. |
|