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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The Company's other comprehensive income consists of unamortized actuarial losses and prior service costs related to pension and other postretirement benefits and unrealized gains and losses on marketable securities classified as available-for-sale. The income tax expense or benefit associated with amounts reclassified from accumulated other comprehensive income (loss) and reflected in the consolidated statement of income are recognized in the same period as the amounts are reclassified.
The following table shows the changes in accumulated other comprehensive Income (loss) for the years ended December 31, 2022, 2021 and 2020:
(in thousands)Pension and Other Postretirement BenefitsNet Unrealized Gain (Losses) on Available-for-Sale SecuritiesTotal
Balance, December 31, 2019
$(6,491)$54 $(6,437)
Other Comprehensive Income Before Reclassifications, net of tax418 145 563 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)(2,643)
(1)
10 
(2)
(2,633)
Total Other Comprehensive Income (Loss)(2,225)155 (2,070)
Balance, December 31, 2020
(8,716)209 (8,507)
Other Comprehensive Income (Loss) Before Reclassifications, net of tax1,638 (132)1,506 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)541 
(1)
(64)
(2)
477 
Total Other Comprehensive Income (Loss)2,179 (196)1,983 
Balance, December 31, 2021
(6,537)13 (6,524)
Other Comprehensive Income (Loss) Before Reclassifications, net of tax7,331 (433)6,898 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)540 
(1)
(2)
541 
Total Other Comprehensive Income (Loss)7,871 (432)7,439 
Balance, December 31, 2022
$1,334 $(419)$915 
(1) Included in the computation of net periodic pension and other postretirement benefit costs. See Note 10 for further information.
(2) Included in other income (expense), net on the accompanying consolidated statements of income.