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ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)

3 Months Ended

Mar. 31, 2021

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following tables set forth the total changes in accumulated other comprehensive income (loss) ("AOCI") by component, net of taxes:


		Three Months Ended March 31, 2021
		Unrealized gain
		(loss) on derivatives
		designated and			Defined benefit			Currency
		qualifying as cash			pension plan			translation
		flow hedges			activity			adjustment			Total
Balance at December 31, 2020		$	2,487		$	(101,770)		$	(202,907)		$	(302,190)
Other comprehensive income (loss) before reclassification			7,066			602			(22,584)	³		(14,916)
Amounts reclassified from AOCI			224	¹		4,458	²		—			4,682
Net current-period other comprehensive income (loss)			7,290			5,060			(22,584)			(10,234)
Balance at March 31, 2021		$	9,777		$	(96,710)		$	(225,491)		$	(312,424)


		Three Months Ended March 31, 2020
		Unrealized gain
		(loss) on derivatives
		designated and			Defined benefit			Currency
		qualifying as cash			pension plan			translation
		flow hedges			activity			adjustment			Total
Balance at December 31, 2019		$	1,626		$	(70,546)		$	(206,930)		$	(275,850)
Other comprehensive income (loss) before reclassification			(2,312)			—			(70,567)	³		(72,879)
Amounts reclassified from AOCI			(57)	¹		609	²		—			552
Net current-period other comprehensive income (loss)			(2,369)			609			(70,567)			(72,327)
Balance at March 31, 2020		$	(743)		$	(69,937)		$	(277,497)		$	(348,177)

(1)

During the three months ended March 31, 2021, the AOCI reclassification is a component of Net sales of $102 (net of tax of $42) and Cost of goods sold of $326 (net of tax of $133); during the three months ended March 31, 2020, the reclassification is a component of Net sales of $(41) (net of tax of $(21)) and Cost of goods sold of $(98) (net of tax of $(24)). See Note 16 to the consolidated financial statements for additional details.

(2)

This AOCI component is included in the computation of net periodic pension costs (net of tax of $1,456 and $164 during the three months ended March 31, 2021 and 2020, respectively). See Note 13 to the consolidated financial statements for additional details.

(3)

The Other comprehensive income (loss) before reclassifications excludes $(159) and $(41) attributable to Non-controlling interests in the three months ended March 31, 2021 and 2020, respectively.