Pitney Bowes 2015 Annual Report Download - page 101

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share amounts)
85
20. Accumulated Other Comprehensive Loss
Reclassifications out of accumulated other comprehensive loss for the years ended December 31, 2015, 2014 and 2013 were as
follows:
Amounts Reclassified from AOCI (a)
Years Ended December 31,
2015 2014 2013
Gains (losses) on cash flow hedges
Revenue $ 1,082 $ 1,276 $ (835)
Cost of sales 551 (140) 332
Interest expense (2,028)(2,028) (2,028)
Total before tax (395)(892) (2,531)
Tax benefit (164)(347) (987)
Net of tax $(231)$(545) $ (1,544)
Gains (losses) on available for sale securities
Interest income $ 1,134 $(1,149) $ (1,140)
Tax provision (benefit) 419 (424) (422)
Net of tax $ 715 $(725) $ (718)
Pension and Postretirement Benefit Plans (b)
Transition asset $9
$10$ 9
Prior service costs (171)(111) (620)
Actuarial losses (43,969)(43,702) (54,372)
Total before tax (44,131)(43,803) (54,983)
Tax benefit (15,966)(15,643) (19,228)
Net of tax $(28,165)$(28,160) $ (35,755)
(a) Amounts in parentheses indicate reductions to income and increases to other comprehensive income (loss).
(b) Reclassified from accumulated other comprehensive loss into selling, general and administrative expenses. These amounts are included in the computation of net
periodic costs of defined benefit pension plans and nonpension postretirement benefit plans (see Note 14 for additional details).