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Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Loss

Changes in Accumulated other comprehensive loss were as follows (in thousands):

			Three months ended June 30, 2024
			Foreign currency translation adjustments												Derivative financial instruments						Pension and postretirement benefit plans						Total
Balance, beginning of period			$	(100,033)											$	(2,080)					$	(230,445)					$	(332,558)
Other comprehensive loss, before reclassifications			(6,895)												(4,110)						—						(11,005)
Income tax benefit			—												1,006						—						1,006
			(6,895)												(3,104)						—						(9,999)
Reclassifications:
Net loss on derivative financial instruments			—												7,247						—						7,247
Prior service credits(a)			—												—						337						337
Actuarial gains(a)			—												—						(1,413)						(1,413)
Reclassifications before tax			—												7,247						(1,076)						6,171
Income tax (expense) benefit			—												(1,740)						252						(1,488)
			—												5,507						(824)						4,683
Other comprehensive (loss) income			(6,895)												2,403						(824)						(5,316)
Balance, end of period			$	(106,928)											$	323					$	(231,269)					$	(337,874)
			Three months ended June 30, 2023
			Foreign currency translation adjustments												Derivative financial instruments						Pension and postretirement benefit plans						Total
Balance, beginning of period			$	(70,150)											$	(32,322)					$	(252,180)					$	(354,652)
Other comprehensive (loss) income, before reclassifications			(23,296)												25,694						—						2,398
Income tax benefit (expense)			3,659												(6,027)						—						(2,368)
			(19,637)												19,667						—						30
Reclassifications:
Net gain on derivative financial instruments			—												(703)						—						(703)
Prior service credits(a)			—												—						22						22
Actuarial gains(a)			—												—						(1,278)						(1,278)
Reclassifications before tax			—												(703)						(1,256)						(1,959)
Income tax benefit			—												162						295						457
			—												(541)						(961)						(1,502)
Other comprehensive (loss) income			(19,637)												19,126						(961)						(1,472)
Balance, end of period			$	(89,787)											$	(13,196)					$	(253,141)					$	(356,124)

(a)    Amounts reclassified are included in the computation of net periodic benefit (income) cost, discussed further in Note 13.

			Six months ended June 30, 2024
			Foreign currency translation adjustments												Derivative financial instruments						Pension and postretirement benefit plans						Total
Balance, beginning of period			$	(68,739)											$	(6,601)					$	(229,622)					$	(304,962)
Other comprehensive loss, before reclassifications			(38,200)												(26,751)						—						(64,951)
Income tax benefit			11												6,419						—						6,430
			(38,189)												(20,332)						—						(58,521)
Reclassifications:
Net loss on derivative financial instruments			—												35,753						—						35,753
Prior service credits(a)			—												—						674						674
Actuarial gains(a)			—												—						(2,826)						(2,826)
Reclassifications before tax			—												35,753						(2,152)						33,601
Income tax (expense) benefit			—												(8,497)						505						(7,992)
			—												27,256						(1,647)						25,609
Other comprehensive (loss) income			(38,189)												6,924						(1,647)						(32,912)
Balance, end of period			$	(106,928)											$	323					$	(231,269)					$	(337,874)

			Six months ended June 30, 2023
			Foreign currency translation adjustments												Derivative financial instruments						Pension and postretirement benefit plans						Total
Balance, beginning of period			$	(80,271)											$	(10,440)					$	(251,218)					$	(341,929)
Other comprehensive (loss) income, before reclassifications			(12,320)												24,454						—						12,134
Income tax benefit (expense)			2,804												(5,654)						—						(2,850)
			(9,516)												18,800						—						9,284
Reclassifications:
Net gain on derivative financial instruments			—												(28,168)						—						(28,168)
Prior service credits(a)			—												—						44						44
Actuarial gains(a)			—												—						(2,556)						(2,556)
Reclassifications before tax			—												(28,168)						(2,512)						(30,680)
Income tax benefit			—												6,612						589						7,201
			—												(21,556)						(1,923)						(23,479)
Other comprehensive loss			(9,516)												(2,756)						(1,923)						(14,195)
Balance, end of period			$	(89,787)											$	(13,196)					$	(253,141)					$	(356,124)

(a)Amounts reclassified are included in the computation of net periodic benefit (income) cost, discussed further in Note 15

X

- References

No definition available.

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- 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

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