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Other Expense, net (Tables) | 12 Months Ended
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Dec. 31, 2019
Other Income and Expenses [Abstract] |
Other Expense, Net | The components of Other (income)/expense, net, are:
(in thousands) |  | 2019 |  | 2018 |  | 2017
Currency transactions |  | $(4,473) |  | $(67) |  | $4,634
Bank fees and amortization of debt issuance costs |  | 348 |  | 417 |  | 487
Pension settlements and curtailments |  | 450 |  | 1,494 |  | —
Components of net periodic pension and postretirement cost other than service |  | 1,105 |  | 1,089 |  | 2,525
Gain on insurance recovery |  | — |  | — |  | (2,000)
Other |  | 1,013 |  | 1,104 |  | 1,231
Total |  | $(1,557) |  | $4,037 |  | $6,877
In 2019, the Company took actions to freeze accrued benefits under the United Kingdom defined benefit pension plan, which resulted in a curtailment charge of $0.5 million.

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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