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OTHER INCOME (EXPENSE) (Tables)
12 Months Ended
Dec. 31, 2020
OTHER INCOME (EXPENSE)  
Schedule of Other Nonoperating Income (Expense)

The components of Other income (expense) were as follows:

Year Ended December 31, 

    

2020

    

2019

    

2018

Equity earnings in affiliates

$

408

 

$

3,163

$

5,481

Other components of net periodic pension (cost) income (1)

 

(1,575)

 

 

2,787

 

502

Other income (expense) (2)

 

5,109

 

 

15,048

 

4,703

Total Other income (expense)

$

3,942

 

$

20,998

$

10,686

(1)Other components of net periodic pension (cost) income includes pension settlements and curtailments. Refer to Note 12 to the consolidated financial statements for details.
(2)Includes a gain on change in control related to the acquisition of Askaynak in the year ended December 31, 2019. Refer to Note 4 to the consolidated financial statements for details.