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Income Taxes (Tables) | 3 Months Ended
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Mar. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Effective Tax Rates | For the three months ended March 31, 2023, the Company recorded income tax expense of $4.9 million (2022 — $2.6 million). For the three months ended March 31, 2023, the Company’s effective tax rate differs from the combined Canadian federal and provincial statutory income tax rate due to the following factors:
| Three Months Ended |  | Three Months Ended
| March 31, 2023 |  | March 31, 2022
(In thousands of U.S. Dollars, except rates) | Amount |  |  | Rate |  | Amount |  |  | Rate
Income tax (expense) benefit at combined statutory rates | $ | (2,652 | ) |  | 26.5% |  | $ | 2,475 |  |  | 26.5%
Adjustments resulting from: |  |  |  |  |  |  |  |  |
Increase in valuation allowance |  | (1,610 | ) |  | 16.1% |  |  | (5,009 | ) |  | (53.6%)
Shortfall tax benefits related to share-based compensation |  | (83 | ) |  | 0.8% |  |  | (129 | ) |  | (1.4%)
Changes to tax reserves |  | (258 | ) |  | 2.6% |  |  | (160 | ) |  | (1.7%)
Other |  | (282 | ) |  | 2.8% |  |  | 213 |  |  | 2.3%
Income tax expense | $ | (4,885 | ) |  | 48.8% |  | $ | (2,610 | ) |  | (27.9%)
Income Tax Expense in Other Comprehensive Income | For the three months ended March 31, 2023 and 2022, the Income Tax Expense related to the components of Other Comprehensive Income (“OCI”) is as follows:
| Three Months Ended |
|  | March 31, |
(In thousands of U.S. Dollars) |  | 2023 |  |  | 2022 |
Unrealized change in cash flow hedging instruments |  | $ | (35 | ) |  | $ | (82 | )
Realized change in cash flow hedging instruments |  |  | (89 | ) |  |  | (8 | )
Defined benefit and postretirement benefit plans |  |  | 46 |  |  |  | (12 | )
|  | $ | (78 | ) |  | $ | (102 | )

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- Definition Tax effect of the change in accumulated other comprehensive income (loss), that is, the tax effect on items included in other comprehensive income (loss) during the period. + References No definition available. + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
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