Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income (Tables)

v3.5.0.2
Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of changes in accumulated balances of other comprehensive income
Changes in accumulated balances of other comprehensive income, by component, were as follows for the three and six months ended June 30, 2016 and 2015, respectively. Amounts are shown net of income tax.
 
Three Months Ended June 30, 2016
 
Six Months Ended June 30, 2016
 
Foreign Currency
 
Swap Agreements
 
Total
 
Foreign Currency
 
Swap Agreements
 
Total
 
(in thousands)
Balance, beginning of period
$
(450
)
 
$
(79
)
 
$
(529
)
 
$
(546
)
 
$

 
$
(546
)
Interest rate swap:
 
 
 
 
 
 
 
 
 
 
 
Reclassification of realized losses on Swap Agreement

 
52

 
52

 

 
52

 
52

Change in fair value of Swap Agreements

 
(330
)
 
(330
)
 

 
(409
)
 
(409
)
Foreign currency translation adjustments
8

 

 
8

 
104

 

 
104

Balance, end of period
$
(442
)
 
$
(357
)
 
$
(799
)
 
$
(442
)
 
$
(357
)
 
$
(799
)
 
Three Months Ended June 30, 2015
 
Six Months Ended June 30, 2015
 
Foreign Currency
 
Hedge Instruments
 
Total
 
Foreign Currency
 
Hedge Instruments
 
Total
 
(in thousands)
Balance, beginning of period
$
(373
)
 
$

 
$
(373
)
 
$
(209
)
 
$

 
$
(209
)
Foreign currency translation adjustments
(72
)
 

 
(72
)
 
(236
)
 

 
(236
)
Balance, end of period
$
(445
)
 
$

 
$
(445
)
 
$
(445
)
 
$

 
$
(445
)
Income tax effects of other comprehensive income
The following table shows the income tax effects of the individual items of other comprehensive income (loss) for the periods indicated, in thousands:
 
Three Months Ended June 30, 2016
 
Six Months Ended June 30, 2016
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Net of Tax Amount
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Net of Tax Amount
 
(in thousands)
Foreign currency translation adjustments
$
13

 
$
5

 
$
8

 
$
173

 
$
69

 
$
104

Unrealized loss on interest rate swap agreements
(550
)
 
(220
)
 
(330
)
 
(629
)
 
(220
)
 
(409
)
Net income for period
3,628

 
1,545

 
2,083

 
8,738

 
3,659

 
5,079

Other comprehensive income
$
3,091

 
$
1,330

 
$
1,761

 
$
8,282

 
$
3,508

 
$
4,774

 
Three Months Ended June 30, 2015
 
Six Months Ended June 30, 2015
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Net of Tax Amount
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Net of Tax Amount
 
(in thousands)
Foreign currency translation adjustments
$
(72
)
 
$

 
$
(72
)
 
$
(236
)
 
$

 
$
(236
)
Net loss for period
(3,129
)
 
189

 
(3,318
)
 
(6,441
)
 
(1,515
)
 
(4,926
)
Other comprehensive loss
$
(3,201
)
 
$
189

 
$
(3,390
)
 
$
(6,677
)
 
$
(1,515
)
 
$
(5,162
)