XML 27 R13.htm IDEA: XBRL DOCUMENT
v3.20.4

Accumulated Other Comprehensive Loss | 12 Months Ended
--- | ---
Dec. 31, 2020
Equity [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE LOSS | ACCUMULATED O THER C OMPREHENSIVE L OSS Accumulated other comprehensive loss is reported in our Consolidated Statements of Stockholders’ Equity. Amounts included in accumulated other comprehensive loss, net of tax, were as follows:
| Unrecognized Net Defined Benefit Plan Costs |  | Change in Fair Value of Derivatives |  | Foreign Currency Translation |  | Total
| (Dollars in thousands)
Balance at January 1, 2018 | $ | (104,822) |  |  | $ | (89) |  |  | $ | (84,062) |  |  | $ | (188,973) |
Other comprehensive loss before reclassifications | (53,797) |  |  | (766) |  |  | (33,679) |  |  | (88,242) |
Amounts reclassified from accumulated other comprehensive loss | 4,153 |  |  | (153) |  |  | 4,407 |  |  | 8,407 |
Other comprehensive loss | (49,644) |  |  | (919) |  |  | (29,272) |  |  | (79,835) |
Balance at December 31, 2018 | (154,466) |  |  | (1,008) |  |  | (113,334) |  |  | (268,808) |
Other comprehensive loss before reclassifications | 4,895 |  |  | (2,723) |  |  | (4,124) |  |  | (1,952) |
Amounts reclassified from accumulated other comprehensive loss | 10,469 |  |  | 549 |  |  | — |  |  | 11,018 |
Other comprehensive income | 15,364 |  |  | (2,174) |  |  | (4,124) |  |  | 9,066 |
Balance at December 31, 2019 | (139,102) |  |  | (3,182) |  |  | (117,458) |  |  | (259,742) |
Other comprehensive loss before reclassifications | (36,660) |  |  | (3,493) |  |  | 29,765 |  |  | (10,388) |
Amounts reclassified from accumulated other comprehensive loss | 7,158 |  |  | 2,019 |  |  | — |  |  | 9,177 |
Other comprehensive loss | (29,502) |  |  | (1,474) |  |  | 29,765 |  |  | (1,211) |
Balance at December 31, 2020 | $ | (168,604) |  |  | $ | (4,656) |  |  | $ | (87,693) |  |  | $ | (260,953) |
The amounts reclassified to earnings from the unrecognized net defined benefit plan costs component of accumulated other comprehensive loss for the years ended December 31, 2020, 2019 and 2018 were net (losses) of $(9.8) million, $(13.7) million and $(5.7) million, respectively, excluding an income tax benefit of $2.6 million, $3.2 million and $1.5 million, respectively. These net losses included amortization of net actuarial (losses) of $(11.5) million, $(15.9) million and $(6.9) million for the years ended December 31, 2020, 2019 and 2018, respectively, and amortization of net prior service credit of $1.7 million, $2.2 million and $1.2 million for the years ended December 31, 2020, 2019 and 2018, respectively. Amortization of net actuarial losses and net prior service credit is a component of net periodic benefit credit. See Note 12 for further discussion. The amounts reclassified to earnings from the change in fair value of derivatives component of accumulated other comprehensive loss for the years ended December 31, 2020, 2019 and 2018 were not significant. See Note 10 which includes a discussion of derivative instruments and hedging activities. The foreign currency translation component of accumulated other comprehensive loss includes: (i) foreign currency gains (losses) related to translation of year-end financial statements of foreign subsidiaries utilizing a functional currency other than the U.S. Dollar; (ii) foreign currency (losses) related to intra-entity foreign currency transactions that are of a long-term investment nature; and (iii) foreign currency (losses) gains related to our net investment hedges, net of tax. Foreign currency gains (losses) related to translation of year-end financial statements of foreign subsidiaries utilizing a functional currency other than the U.S. Dollar for the years ended December 31, 2020, 2019 and 2018 were $83.1 million, $(10.3) million and $(47.3) million, respectively. Foreign currency (losses) gains related to intra-entity foreign currency transactions that are of a long-term investment nature for the years ended December 31, 2020, 2019 and 2018 were $(2.8) million, $1.1 million and $5.3 million, respectively. Foreign currency (losses) gains related to our net investment hedges for the years ended December 31, 2020, 2019 and 2018 were $(66.2) million, $6.8 million and $16.6 million, respectively, excluding an income tax benefit (provision) of $15.7 million, $(1.6) million and $(3.9) million, respectively. See Note 10 for further discussion.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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