Frontier Communications 2014 Annual Report Download - page 93

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The significant items reclassified from each component of accumulated other comprehensive loss
for the years ended December 31, 2014, 2013 and 2012 are as follows:
($ in thousands)
Details about Accumulated Other
Comprehensive Loss Components 2014 2013 2012
Affected Line Item in the
Statement Where Net
Income is Presented
Amount Reclassified from
Accumulated Other Comprehensive Loss(a)
Amortization of Pension Cost
Items(b)
Prior-service costs . . . . . . . . . . . . . . $ (45) $ (8) $ 199
Actuarial gains (losses). . . . . . . . . . (19,951) (36,930) (29,890)
Pension settlement costs . . . . . . . . — (44,163) —
(19,996) (81,101) (29,691) Income (loss) before income taxes
Tax impact . . . . . . . . . . . . . . . . . . . . . 7,497 30,818 11,282 Income tax (expense) benefit
$(12,499) $(50,283) $(18,409) Net income (loss)
Amortization of OPEB Cost Items(b)
Prior-service costs . . . . . . . . . . . . . . $ 3,911 $ 6,101 $ 10,068
Actuarial gains (losses). . . . . . . . . . (2,916) (7,846) (7,537)
995 (1,745) 2,531 Income (loss) before income taxes
Tax impact . . . . . . . . . . . . . . . . . . . . . (373) 663 (962) Income tax (expense) benefit
$ 622 $ (1,082) $ 1,569 Net income (loss)
(a) Amounts in parentheses indicate losses.
(b) These accumulated other comprehensive loss components are included in the computation of net
periodic pension and OPEB costs (see Note 16—Retirement Plans for additional details).
(14) Segment Information:
We operate in one reportable segment. Frontier provides both regulated and unregulated voice,
data and video services to residential, business and wholesale customers and is typically the
incumbent voice services provider in its service areas.
As permitted by U.S. GAAP, we have utilized the aggregation criteria to combine our operating
segments because all of our properties share similar economic characteristics, in that they provide the
same products and services to similar customers using comparable technologies in all of the states in
which we operate. The regulatory structure is generally similar. Differences in the regulatory regime of
a particular state do not significantly impact the economic characteristics or operating results of a
particular property.
F-32
FRONTIER COMMUNICATIONS CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements