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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
The Company reports activity in Accumulated other comprehensive loss (“AOCI”) for foreign currency translation adjustments, including the translation adjustment for investments in partially owned entities, unrealized gains and losses on designated derivatives, and minimum pension liability adjustments (net of tax). The activity in AOCI for the years ended December 31, 2025, 2024 and 2023 is as follows:
Years Ended December 31,

202520242023
(In thousands)
Opening balance - accumulated other comprehensive loss$(27,279)$(16,640)$(6,050)
Pension and other postretirement benefits:
Balance at beginning of period, net of tax$898 $383 $2,682 
Net gain (loss) arising during period12 515 (2,299)
Net gain (loss) on pension and other postretirement benefit12 515 (2,299)
Balance at end of period, net of tax$910 $898 $383 
Foreign currency:
Balance at beginning of period, net of tax$(46,028)$(31,587)$(26,650)
Cumulative translation adjustment100,489 (71,343)26,956 
Non-derivative net investment hedges(1)
(124,147)67,312 (31,893)
Removal of hedge designation— (10,410)— 
Derivative net investment hedge(1)
(1,493)— — 
Reclassification of derivative net investment hedge to earnings(1)
1,493 — — 
Reclassification of accumulated CTA on SuperFrio sale proceeds(1,579)— — 
Reclassification of CTA to earnings upon sale of partially owned entity2,372 — — 
Net loss on foreign currency translation(22,865)(14,441)(4,937)
Balance at end of period, net of tax$(68,893)$(46,028)$(31,587)
Designated derivatives:
Balance at beginning of period, net of tax$17,851 $14,564 $17,918 
Cash flow hedge derivatives(1)
(14,234)27,765 8,532 
Net amount reclassified from AOCI to earnings(1)
1,176 (24,478)(11,886)
Net (loss) gain on designated derivatives(13,058)3,287 (3,354)
Balance at end of period, net of tax4,793 $17,851 $14,564 
Closing balance - accumulated other comprehensive loss$(63,190)$(27,279)$(16,640)
(1) Refer to Note 10 - Derivative Financial Instruments for details of our derivative and designated non-derivative financial instruments, including the classification on the Consolidated Statements of Operations for items reclassified from AOCI to Net loss.