I. ACCUMULATED OTHER COMPREHENSIVE INCOME
Changes in accumulated other comprehensive income, which is presented net of tax, consists of the following:
| Unrealized Gains on Marketable Securities |
Retirement Plans Prior Service Benefit |
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Balance at December 31, 2011, net of tax of $666, $9 |
$ | 1,618 | $ | 3,128 | $ | 4,746 | ||||||
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Other comprehensive income before reclassifications, net of tax of $370 |
2,009 | — | 2,009 | |||||||||
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Amounts reclassified from accumulated other comprehensive income, net of tax of $(201), $(134) |
(702 | ) | (233 | ) | (935 | ) | ||||||
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Net current period other comprehensive income, net of tax of $169, $(134) |
1,307 | (233 | ) | 1,074 | ||||||||
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Balance at December 31, 2012, net of tax of $835, $(125) |
2,925 | 2,895 | 5,820 | |||||||||
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Other comprehensive income before reclassifications, net of tax of $216 |
(1,097 | ) | — | (1,097 | ) | |||||||
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Amounts reclassified from accumulated other comprehensive income, net of tax of $(257), $(159) |
(447 | ) | (276 | ) | (723 | ) | ||||||
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Net current period other comprehensive income, net of tax of $(41), $(159) |
(1,544 | ) | (276 | ) | (1,820 | ) | ||||||
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Balance at December 31, 2013, net of tax of $794, $(284) |
$ | 1,381 | $ | 2,619 | $ | 4,000 | ||||||
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Reclassifications out of accumulated other comprehensive income to the statement of operations for the years ended December 31, 2013, 2012 and 2011, were as follows:
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Details about Accumulated Other Comprehensive Income Components |
For the year ended | Affected Line Item in the Statements of Operations |
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| December 31, 2013 |
December 31, 2012 |
December 31, 2011 |
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Available-for-sale marketable securities |
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Unrealized gains, net of tax of $257, $201, $581 |
$ | 447 | $ | 702 | $ | 1,412 | Interest income | |||||||
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| $ | 447 | $ | 702 | $ | 1,412 | |||||||||
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Amortization of defined benefit pension and postretirement plans |
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Prior service benefit, net of tax of $159, $134, $(9) |
$ | 276 | $ | 233 | $ | (14 | ) | (a) | ||||||
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| $ | 276 | $ | 233 | $ | (14 | ) | ||||||||
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Total reclassifications, net of tax of $416, $335, $572 |
$ | 723 | $ | 935 | $ | 1,398 | Net income | |||||||
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| (a) | The amortization of prior service benefit is included in the computation of net periodic pension cost and postretirement benefit; see Note N: “Retirement Plans.” |