v2.4.0.6
Comprehensive Income (Tables)
3 Months Ended
Mar. 31, 2014
Stockholders' Equity Note [Abstract]  
Comprehensive Income (Loss) [Table Text Block]
Comprehensive income for the three months ended March 31, 2014 and 2013, was as follows:
 
 
 
Three Months Ended March 31,
 
 
 
2014
 
2013
 
 
 
(Dollars in thousands)
 
Net earnings
 
$
3,250
 
$
3,125
 
Foreign currency translation adjustments
 
 
84
 
 
(476)
 
Pension liability, net of tax of $77 and $148, respectively
 
 
120
 
 
233
 
Total comprehensive income
 
$
3,454
 
$
2,882
 
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The components of accumulated other comprehensive loss as recorded on the Consolidated Condensed Balance Sheets (Unaudited) were as follows:
 
 
 
March 31,
 
December 31,
 
 
 
2014
 
2013
 
 
 
(Dollars in thousands)
 
Foreign currency translation adjustments
 
$
(1,012)
 
$
(934)
 
Pension liability, net of tax
 
 
(8,368)
 
 
(8,488)
 
Total accumulated other comprehensive loss
 
$
(9,380)
 
$
(9,422)
 
Changes In Accumulated Other Comprehensive Loss [Table Text Block]
The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the three months ended March 31, 2014:
 
 
 
Foreign Currency Translation 
Adjustments
 
Defined Benefit Pension Items
 
Total
 
Beginning Balance, December 31, 2013
 
$
(934)
 
$
(8,488)
 
$
(9,422)
 
Other comprehensive loss before reclassifications
 
 
(78)
 
 
-
 
 
(78)
 
Amounts reclassified from accumulated other comprehensive loss
 
 
-
 
 
120
 
 
120
 
Net current period other comprehensive (loss) income
 
 
(78)
 
 
120
 
 
42
 
Ending Balance, March 31, 2014
 
$
(1,012)
 
$
(8,368)
 
$
(9,380)
 
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the three months ended March 31, 2014:
 
 
 
Amounts reclassified
from other accumulated
comprehensive loss for
the three months ended
March 31, 2014
 
Affected line item in the
statement where net
income is presented
 
 
 
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
 
 
Prior service cost
 
$
(28)
 
(1)
 
Actuarial losses
 
 
225
 
(1)
 
Total before tax
 
 
197
 
 
 
Tax benefit
 
 
(77)
 
 
 
Net of tax
 
$
120
 
 
 
 
(1)
These amounts were included in the computation of net periodic pension cost. See Note 7 for additional details.