FairPoint Communications 2013 Annual Report Download - page 87

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85
Other Comprehensive Loss (Income). Other pre-tax changes in plan assets and benefit obligations recognized in other
comprehensive loss (income) are as follows for the year ended December 31, 2013, the year ended December 31, 2012, the 341
days ended December 31, 2011 and the 24 days ended January 24, 2011 (in thousands):
Qualified Pension Plans
Predecessor
Company
Year Ended
December 31, 2013
Year Ended
December 31, 2012
Three Hundred
Forty-One
Days Ended
December 31, 2011
Twenty-Four
Days ended
January 24, 2011
Amounts recognized in other comprehensive
loss (income):
Net (gain) loss arising during the period $ (49,218) $ 48,632 $ 71,573 $ —
Amortization or curtailment of prior service
cost — — — (98)
Amortization or settlement recognition of net
loss (7,268) (2,658) (712) (283)
Total amount recognized in other
comprehensive loss (income) $ (56,486) $ 45,974 $ 70,861 $ (381)
Estimated amounts that will be amortized from
accumulated other comprehensive loss in the
next fiscal year:
Net actuarial loss $ (2,156) $ (4,870) $ (2,069) $ —
Total amount estimated to be amortized from
accumulated other comprehensive loss in the
next fiscal year $ (2,156) $ (4,870) $ (2,069) $ —
Post-retirement Healthcare Plans
Predecessor
Company
Year Ended
December 31, 2013
Year Ended
December 31, 2012
Three Hundred
Forty-One
Days Ended
December 31, 2011
Twenty-Four
Days Ended
January 24, 2011
Amounts recognized in other comprehensive
loss (income):
Net (gain) loss arising during the period (78,571) 42,405 162,021 —
Amortization or curtailment of prior service
cost — — — (276)
Amortization or settlement recognition of net
loss (7,398) (6,194) (303) (368)
Total amount recognized in other
comprehensive loss (income) $ (85,969) $ 36,211 $ 161,718 $ (644)
Estimated amounts that will be amortized from
accumulated other comprehensive loss in the
next fiscal year:
Net actuarial loss $ (3,694) $ (8,941) $ (6,727) $ —
Total amount estimated to be amortized from
accumulated other comprehensive loss in the
next fiscal year $ (3,694) $ (8,941) $ (6,727) $ —
Assumptions
The determination of the net liability and the net periodic benefit cost recognized for the qualified pension plans and post-
retirement healthcare plans by the Company are, in part, based on assumptions made by management. These assumptions include,
among others, the discount rate applied to estimated future cash flows of the plans, the expected return on assets held by the
qualified pension plans, certain demographic characteristics of the participants, such as expected retirement and mortality rates,
and future inflation in healthcare costs. Certain assumptions, which include, among others, assumptions regarding future benefit