XML 61 R41.htm IDEA: XBRL DOCUMENT
v3.22.4

Shareholders' equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Equity [Abstract] |
Schedule of Weighted Average Number of Shares | The following table provides a reconciliation of basic to diluted weighted average shares outstanding:
| 2022 |  | 2021 |  | 2020
Basic | 46,898 |  |  | 46,774 |  |  | 46,488 |
Dilutive effect of share based awards | 411 |  |  | 653 |  |  | 799 |
Diluted | 47,309 |  |  | 47,427 |  |  | 47,287 |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following tables provides information relating to the changes in accumulated other comprehensive income (loss), net of tax, for each of the years ended December 31, 2022 and 2021:
| Cash Flow Hedges |  | Pension and Other Postretirement Benefit Plans |  | Foreign Currency Translation Adjustment |  | Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2020 | $ | (482) |  |  | $ | (150,257) |  |  | $ | (146,559) |  |  | $ | (297,298) |
Other comprehensive income (loss) before reclassifications | 351 |  |  | 6,192 |  |  | (63,191) |  |  | (56,648) |
Amounts reclassified from accumulated other comprehensive income | 1,212 |  |  | 5,775 |  |  | — |  |  | 6,987 |
Net current-year other comprehensive income (loss) | 1,563 |  |  | 11,967 |  |  | (63,191) |  |  | (49,661) |
Balance at December 31, 2021 | 1,081 |  |  | (138,290) |  |  | (209,750) |  |  | (346,959) |
Other comprehensive income (loss) before reclassifications | 7,179 |  |  | (2,606) |  |  | (62,904) |  |  | (58,331) |
Amounts reclassified from accumulated other comprehensive income | (3,329) |  |  | 5,097 |  |  | — |  |  | 1,768 |
Net current-year other comprehensive income (loss) | 3,850 |  |  | 2,491 |  |  | (62,904) |  |  | (56,563) |
Balance at December 31, 2022 | $ | 4,931 |  |  | $ | (135,799) |  |  | $ | (272,654) |  |  | $ | (403,522) |
Reclassification out of Accumulated Other Comprehensive Income | The following table provides information relating to the (gains) losses recognized in the statements of income including the reclassifications of losses (gains) in accumulated other comprehensive (loss) income into expense/(income), net of tax, for the years ended December 31, 2022, 2021 and 2020:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
(Gains) losses on designated foreign exchange forward contracts:
Cost of goods sold | $ | (3,532) |  |  | $ | 1,150 |  |  | $ | 2,354 |
Total before tax | (3,532) |  |  | 1,150 |  |  | 2,354 |
Taxes expense (benefit) | 203 |  |  | 62 |  |  | (240) |
Net of tax | $ | (3,329) |  |  | $ | 1,212 |  |  | $ | 2,114 |
Amortization of pension and other postretirement benefits items:
Actuarial losses (1) | $ | 7,660 |  |  | $ | 8,543 |  |  | $ | 7,253 |
Prior-service credits (1) | (1,017) |  |  | (1,012) |  |  | 33 |
Total before tax | 6,643 |  |  | 7,531 |  |  | 7,286 |
Tax benefit | (1,546) |  |  | (1,756) |  |  | (1,701) |
Net of tax | $ | 5,097 |  |  | $ | 5,775 |  |  | $ | 5,585 |
Impact on income from continuing operations, net of tax | $ | 1,768 |  |  | $ | 6,987 |  |  | $ | 7,699 |
(1)These accumulated other comprehensive (loss) income components are included in the computation of net benefit cost of pension and other postretirement benefit plans (see Note 16 for additional information).

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration