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Comprehensive loss
12 Months Ended
Dec. 31, 2020
Comprehensive loss  
Comprehensive Loss

11.         Comprehensive loss

Accumulated other comprehensive loss, as reflected in the consolidated balance sheets, consists of pension liability adjustments, net of taxes, foreign currency translation adjustment and changes in fair value of derivatives, net of taxes. The components of accumulated other comprehensive loss as of December 31, 2020 and 2019, and reclassifications out of accumulated other comprehensive loss for the years then ended, are presented below (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Foreign Currency

    

Accumulated Other

 

 

Pension Liability

 

Fair Value of

 

Translation

 

Comprehensive

 

 

Adjustment

 

Derivatives

 

Adjustment

 

Loss

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2020

 

$

(53)

 

$

33

 

$

(900)

 

$

(920)

Other comprehensive income (loss) before reclassifications, net of taxes

 

 

 —

 

 

(106)

 

 

406

 

 

300

Total other comprehensive loss before reclassifications, net of taxes

 

 

(53)

 

 

(73)

 

 

(494)

 

 

(620)

Net amount reclassified to earnings

 

 

(391)

 

 

73

 

 

 —

 

 

(318)

Balance at December 31, 2020

 

$

(444)

 

$

 —

 

$

(494)

 

$

(938)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Foreign Currency

    

Accumulated Other

 

 

Pension Liability

 

Fair Value of

 

Translation

 

Comprehensive

 

 

Adjustment

 

Derivatives

 

Adjustment

 

Loss

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2019

 

$

1,451

 

$

 —

 

$

(1,466)

 

$

(15)

Other comprehensive income before reclassifications, net of taxes

 

 

 —

 

 

46

 

 

566

 

 

612

Total other comprehensive income (loss) before reclassifications, net of taxes

 

 

1,451

 

 

46

 

 

(900)

 

 

597

Net amount reclassified to earnings

 

 

(1,504)

 

 

(13)

 

 

 —

 

 

(1,517)

Balance at December 31, 2019

 

$

(53)

 

$

33

 

$

(900)

 

$

(920)

 

All reclassifications out of accumulated other comprehensive loss had an impact on direct operating costs in the consolidated statements of operations and comprehensive income (loss).