XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.19.2

Accumulated Other Comprehensive Income (AOCI) | 6 Months Ended
--- | ---
Jun. 30, 2019
Accumulated items of other comprehensive income: |
Accumulated Other Comprehensive Income (AOCI) | 9. Accumulated Other Comprehensive Income (AOCI) The table below presents changes in the components of AOCI for the period December 31, 2018 to June 30, 2019:
(in thousands) | Translation adjustments | Pension and post retirement liability adjustments | Derivative valuation adjustment | Total Other Comprehensive Income
December 31, 2018 | $(115,976) | $(47,109) | $4,697 | $(158,388)
Other comprehensive income/(loss) before reclassifications | (655) | (201) | (6,897) | (7,753)
Interest expense related to swaps reclassified to the Consolidated Statements of Income, net of tax | — | — | (649) | (649)
Pension and postretirement liability adjustments reclassified to Consolidated Statements of Income, net of tax | — | 20 | — | 20
Adjustment related to prior period change in opening valuation allowance | — | (1,346) | — | (1,346)
Net current period other comprehensive income | (655) | (1,527) | (7,546) | (9,728)
June 30, 2019 | $(116,631) | $(48,636) | $(2,849) | $(168,116)
18 Index The table below presents changes in the components of AOCI for the period December 31, 2017 to June 30, 2018:
(in thousands) | Translation adjustments | Pension and post retirement liability adjustments | Derivative valuation adjustment | Total Other Comprehensive Income
December 31, 2017 | $(87,318) | $(50,536) | $1,953 | $(135,901)
Other comprehensive income/(loss) before reclassifications | (15,570) | 2,224 | 6,024 | (7,322)
Pension/post retirement curtailment gain, net of tax | — | (363) | — | (363)
Interest expense related to swaps reclassified to the Consolidated Statements of Income, net of tax | — | — | 178 | 178
Pension and postretirement liability adjustments reclassified to Consolidated Statements of Income, net of tax | — | 253 | — | 253
Net current period other comprehensive income | (15,570) | 2,114 | 6,202 | (7,254)
June 30, 2018 | $(102,888) | $(48,422) | $8,155 | $(143,155)
The components of our Accumulated Other Comprehensive Income that are reclassified to the Statement of Income relate to our pension and postretirement plans and interest rate swaps. The table below presents the expense/(income) amounts reclassified, and the line items of the Consolidated Statements of Income that were affected for the three and six months ended June 30, 2019 and 2018:
| Three months ended June 30, | Six months ended June 30,
(in thousands) | 2019 | 2018 | 2019 | 2018
Pretax Derivative valuation reclassified from Accumulated Other Comprehensive Income: |  |  |  |
Expense related to interest rate swaps included in Income before taxes(a) | $(420) | $54 | $(872) | $234
Income tax effect | 107 | (13) | 223 | (56)
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income | $(313) | $41 | $(649) | $178
Pretax pension and postretirement liabilities reclassified from Accumulated Other Comprehensive Income: |  |  |  |
Pension/postretirement curtailment | — | (518) | — | (518)
Amortization of prior service credit | (1,105) | (1,113) | (2,210) | (2,227)
Amortization of net actuarial loss | 1,118 | 1,291 | 2,239 | 2,588
Total pretax amount reclassified(b) | 13 | (340) | 29 | (157)
Income tax effect | (4) | 102 | (9) | 47
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income | $9 | $(238) | $20 | $(110)
(a) | Included in Interest expense, net, are payments related to the interest rate swap agreements and amortization of swap buyouts (see Notes 15 and 16).
(b) | These accumulated other comprehensive income components are included in the computation of net periodic cost (see Note 4).

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration