NOTE 11 – ACCUMULATED OTHER COMPREHENSIVE LOSS
The table below identifies reclassification adjustments from “Accumulated other comprehensive loss” and the affect on the Consolidated Statements of Income for the year ended December 31, 2011 (in thousands):
|
| | | | |
Affected Line Item in the Consolidated Statements of Income | | Amount Reclassified from Accumulated Other Comprehensive Loss |
Unrealized loss on cash flow hedges: | | |
| | |
Termination of interest rate swap agreements, before tax | | $ | 4,237 |
|
Tax expense | | (1,267 | ) |
Net of tax as of December 31, 2011 | | $ | 2,970 |
|
No adjustments to “Accumulated other comprehensive loss” were recorded during the years ended December 31, 2013 or 2012.
