XML 45 R35.htm IDEA: XBRL DOCUMENT
v3.25.2

Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Summary of Other Comprehensive Income (Loss) | The other comprehensive income (loss) consists of the following components:
| Three Months Ended June 30
| 2025 |  | 2024
| Before-Tax |  | Income |  | After-Tax |  | Before-Tax |  | Income |  | After-Tax
(in thousands) | Amount |  | Tax |  | Amount |  | Amount |  | Tax |  | Amount
Foreign currency translation adjustments: |  |  |  |  |  |  |  |  |  |  |
Translation adjustments arising during the period | $ | 32,283 |  |  | $ | — |  |  | $ | 32,283 |  |  | $ | 3,517 |  |  | $ | — |  |  | $ | 3,517 |
Adjustment for sale of a business with foreign operations | 646 |  |  | — |  |  | 646 |  |  | — |  |  | — |  |  | — |
| 32,929 |  |  | — |  |  | 32,929 |  |  | 3,517 |  |  | — |  |  | 3,517 |
Pension and other postretirement plans: |  |  |  |  |  |  |  |  |  |  |
Amortization of net prior service credit included in net income | (521) |  |  | 133 |  |  | (388) |  |  | (482) |  |  | 124 |  |  | (358) |
Amortization of net actuarial gain included in net income | (380) |  |  | 98 |  |  | (282) |  |  | (11,733) |  |  | 3,004 |  |  | (8,729) |
| (901) |  |  | 231 |  |  | (670) |  |  | (12,215) |  |  | 3,128 |  |  | (9,087) |
Cash flow hedges: |  |  |  |  |  |  |  |  |  |  |
(Loss) gain for the period | (364) |  |  | 95 |  |  | (269) |  |  | 346 |  |  | (91) |  |  | 255 |
Other Comprehensive Income (Loss) | $ | 31,664 |  |  | $ | 326 |  |  | $ | 31,990 |  |  | $ | (8,352) |  |  | $ | 3,037 |  |  | $ | (5,315) |
| Six Months Ended June 30
| 2025 |  | 2024
| Before-Tax |  | Income |  | After-Tax |  | Before-Tax |  | Income |  | After-Tax
(in thousands) | Amount |  | Tax |  | Amount |  | Amount |  | Tax |  | Amount
Foreign currency translation adjustments: |  |  |  |  |  |  |  |  |  |  |
Translation adjustments arising during the period | $ | 46,550 |  |  | $ | — |  |  | $ | 46,550 |  |  | $ | (9,767) |  |  | $ | — |  |  | $ | (9,767) |
Adjustment for sale of a business with foreign operations | 646 |  |  | — |  |  | 646 |  |  | — |  |  | — |  |  | — |
| 47,196 |  |  | — |  |  | 47,196 |  |  | (9,767) |  |  | — |  |  | (9,767) |
Pension and other postretirement plans: |  |  |  |  |  |  |  |  |  |  |
Amortization of net prior service credit included in net income | (1,040) |  |  | 266 |  |  | (774) |  |  | (976) |  |  | 250 |  |  | (726) |
Amortization of net actuarial gain included in net income | (759) |  |  | 195 |  |  | (564) |  |  | (24,720) |  |  | 6,329 |  |  | (18,391) |
| (1,799) |  |  | 461 |  |  | (1,338) |  |  | (25,696) |  |  | 6,579 |  |  | (19,117) |
Cash flow hedges: |  |  |  |  |  |  |  |  |  |  |
(Loss) gain for the period | (1,043) |  |  | 271 |  |  | (772) |  |  | 1,457 |  |  | (380) |  |  | 1,077 |
Other Comprehensive Income (Loss) | $ | 44,354 |  |  | $ | 732 |  |  | $ | 45,086 |  |  | $ | (34,006) |  |  | $ | 6,199 |  |  | $ | (27,807) |
Summary of Changes in Accumulated Other Comprehensive Income (Loss) | The accumulated balances related to each component of other comprehensive income (loss) are as follows:
(in thousands, net of taxes) | Cumulative Foreign Currency Translation Adjustment |  |  |  | Unrealized Gain on Pensions and Other Postretirement Plans |  | Cash Flow Hedges |  | Accumulated Other Comprehensive Income
Balance as of December 31, 2024 | $ | (58,044) |  |  |  |  | $ | 393,949 |  |  | $ | (1,108) |  |  | $ | 334,797 |
Other comprehensive income (loss) before reclassifications | 46,550 |  |  |  |  | — |  |  | (893) |  |  | 45,657 |
Net amount reclassified from accumulated other comprehensive income (loss) | 646 |  |  |  |  | (1,338) |  |  | 121 |  |  | (571) |
Net other comprehensive income (loss) | 47,196 |  |  |  |  | (1,338) |  |  | (772) |  |  | 45,086 |
Balance as of June 30, 2025 | $ | (10,848) |  |  |  |  | $ | 392,611 |  |  | $ | (1,880) |  |  | $ | 379,883 |
Summary of Amounts and Line Items of Reclassifications Out of Accumulated Other Comprehensive Income (Loss) | The amounts and line items of reclassifications out of Accumulated Other Comprehensive Income (Loss) are as follows:
| Three Months Ended June 30 |  | Six Months Ended June 30 |  | Affected Line Item in the Condensed Consolidated Statements of Operations
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024 |
Foreign Currency Translation Adjustments: |  |  |  |  |  |  |  |  |
Adjustment for sale of a business with foreign operations | $ | 646 |  |  | $ | — |  |  | $ | 646 |  |  | $ | — |  |  | Other (expense) income, net
Pension and Other Postretirement Plans: |  |  |  |  |  |  |  |  |
Amortization of net prior service credit | (521) |  |  | (482) |  |  | (1,040) |  |  | (976) |  |  | (1)
Amortization of net actuarial gain | (380) |  |  | (11,733) |  |  | (759) |  |  | (24,720) |  |  | (1)
| (901) |  |  | (12,215) |  |  | (1,799) |  |  | (25,696) |  |  | Before tax
| 231 |  |  | 3,128 |  |  | 461 |  |  | 6,579 |  |  | Provision for Income Taxes
| (670) |  |  | (9,087) |  |  | (1,338) |  |  | (19,117) |  |  | Net of Tax
Cash Flow Hedges | 61 |  |  | (120) |  |  | 121 |  |  | (245) |  |  | Interest expense
Total reclassification for the period | $ | 37 |  |  | $ | (9,207) |  |  | $ | (571) |  |  | $ | (19,362) |  |  | Net of Tax
____________ (1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and postretirement plan cost (see Note 11) and are included in non-operating pension and postretirement benefit income in the Company’s Condensed Consolidated Statements of Operations.

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + 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 components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration