Accumulated other comprehensive loss

9 Months Ended

Sep. 30, 2025

NOTE 6 – Accumulated other comprehensive loss

The following table summarizes the components of, and the changes in, Accumulated Other Comprehensive Loss (AOCL), net of tax (in thousands):


	Retirement Plans			Foreign Currency			Total
Quarter ended:
Balance as of June 30, 2025	$	(105,064	)	$	532		$	(104,532	)
Amounts reclassified from AOCL		1,028			(532	)		496
Total other comprehensive income		1,028			(532	)		496
Balance as of Sept. 30, 2025	$	(104,036	)	$	—		$	(104,036	)


Balance as of June 30, 2024	$	(117,921	)	$	532		$	(117,389	)
Amounts reclassified from AOCL		1,112			—			1,112
Total other comprehensive income		1,112			—			1,112
Balance as of Sept. 30, 2024	$	(116,809	)	$	532		$	(116,277	)

Nine Months Ended:
Balance as of Dec. 31, 2024	$	(107,176	)	$	532		$	(106,644	)
Amounts reclassified from AOCL		3,140			(532	)		2,608
Total other comprehensive income		3,140			(532	)		2,608
Balance as of Sept. 30, 2025	$	(104,036	)	$	—		$	(104,036	)


Balance as of Dec. 31, 2023	$	(120,142	)	$	532		$	(119,610	)
Amounts reclassified from AOCL		3,333			—			3,333
Total other comprehensive income		3,333			—			3,333
Balance as of Sept. 30, 2024	$	(116,809	)	$	532		$	(116,277	)

Reclassifications from AOCL to the Consolidated Statements of Income are comprised of pension and other post-retirement components. Pension and other post-retirement reclassifications are related to the amortization of prior service (credits) costs and actuarial losses. Amounts reclassified out of AOCL are summarized below (in thousands):


	Quarter ended Sept. 30,						Nine months ended Sept. 30,
	2025			2024			2025			2024

Amortization of prior service (credit) cost	$	(59	)	$	23		$	(176	)	$	68
Amortization of actuarial loss		1,478			1,475			4,433			4,425
Foreign currency		(560	)		—			(560	)		—
Total reclassifications, before tax		859			1,498			3,697			4,493
Income tax effect		(363	)		(386	)		(1,089	)		(1,160	)
Total reclassifications, net of tax	$	496		$	1,112		$	2,608		$	3,333