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Other (Income)/Expense, net
 9 Months Ended
Sep. 30, 2021
Other Income and Expenses [Abstract]  
Other (Income)/Expense, net Other (Income)/Expense, net
The components of Other (Income)/Expense, net are:
Three months ended September 30,Nine months ended September 30,
(in thousands)
2021202020212020
Currency transaction (gains)/losses$472 $(149)$813 $14,702 
Bank fees and amortization of debt issuance costs
74 96 284 264 
Components of net periodic pension and postretirement cost other than service(6)384 (12)1,523 
Other
2,213 (3,076)3,130 (2,574)
Total$2,753 $(2,745)$4,215 $13,915 
Other (income)/expense, net included losses related to the revaluation of nonfunctional-currency balances of $0.8 million for the first nine months of 2021, compared to losses of $14.7 million for the first nine months of 2020, which principally resulted from an intercompany demand loan payable by a Mexican subsidiary. As a result of changes in
business conditions that occurred in the first quarter of 2020, loan repayments on that intercompany loan are not expected in the foreseeable future and, beginning April 1, 2020, the revaluation effects are recorded in Other comprehensive income.