XML 45 R35.htm IDEA: XBRL DOCUMENT
v3.25.3

Accumulated Other Comprehensive Income ("AOCI") (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The table below presents changes in the components of AOCI for the period from December 31, 2024 to September 30, 2025:
(in thousands) | Translation adjustments | Pension and postretirement liability adjustments | Derivative valuation adjustment | Total Accumulated Other Comprehensive Income/(Loss)
December 31, 2024 | $ | (181,555) |  | $ | (14,328) |  | $ | (106) |  | $ | (195,989) |
Foreign currency translation and other adjustments | 58,366 |  | (2,418) |  | (358) |  | 55,590 |
Pension settlement/curtailment, net of tax | — |  | (1,178) |  | — |  | (1,178) |
Interest (expense)/income related to swaps reclassified to the Consolidated Statements of Income/(Loss), net of tax | — |  | — |  | (273) |  | (273) |
Pension and postretirement liability adjustments reclassified to Consolidated Statements of Income/(Loss), net of tax | — |  | 552 |  | — |  | 552 |
Net current period other comprehensive income/(loss) | 58,366 |  | (3,044) |  | (631) |  | 54,691 |
September 30, 2025 | $ | (123,189) |  | $ | (17,372) |  | $ | (737) |  | $ | (141,298) |
The table below presents changes in the components of AOCI for the period from December 31, 2023 to September 30, 2024:
(in thousands) | Translation adjustments | Pension and postretirement liability adjustments | Derivative valuation adjustment | Total Accumulated Other Comprehensive Income/(Loss)
December 31, 2023 | $ | (124,901) |  | $ | (17,346) |  | $ | 9,079 |  | $ | (133,168) |
Foreign currency translation and other adjustments | (12,472) |  | (285) |  | 298 |  | (12,459) |
Interest (expense)/income related to swaps reclassified to the Consolidated Statements of Income/(Loss), net of tax | — |  | — |  | (8,212) |  | (8,212) |
Pension and postretirement liability adjustments reclassified to Consolidated Statements of Income/(Loss), net of tax | — |  | 290 |  | — |  | 290 |
Net current period other comprehensive income/(loss) | (12,472) |  | 5 |  | (7,914) |  | (20,381) |
September 30, 2024 | $ | (137,373) |  | $ | (17,341) |  | $ | 1,165 |  | $ | (153,549) |
Schedule of Reclassification Out of Accumulated Other Comprehensive Income | The table below presents the expense/(income) amounts reclassified from AOCI, and the line items of the Consolidated Statements of Income/(Loss) that were affected for the three and nine months ended September 30, 2025, and the Consolidated Statements of Income/(Loss) for the three and nine months ended September 30, 2024:
| Three months ended September 30, | Nine months ended September 30,
(in thousands) | 2025 | 2024 | 2025 | 2024
Pre-tax Derivative valuation reclassified from Accumulated Other Comprehensive Income/(Loss): |  |  |  |
Interest (income)/expense, net related to interest rate swaps included in Income/(loss) before taxes | $ | (53) |  | $ | (2,675) |  | $ | (324) |  | $ | (10,893) |
Income tax effect | 17 |  | 658 |  | 51 |  | 2,681 |
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income/(Loss) | $ | (36) |  | $ | (2,017) |  | $ | (273) |  | $ | (8,212) |
Pre-tax pension and postretirement liabilities reclassified from Accumulated Other Comprehensive Income: |  |  |  |
Pension settlement/curtailment | $ | — |  | $ | — |  | $ | (1,600) |  | $ | 0 |
Amortization of prior service credit | $ | (38) |  | $ | (37) |  | $ | (112) |  | $ | (113) |
Amortization of net actuarial loss | 315 |  | 176 |  | 908 |  | 530 |
Total pre-tax amount reclassified | 277 |  | 139 |  | (804) |  | 417 |
Income tax effect | (86) |  | (42) |  | 178 |  | (127) |
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income | $ | 191 |  | $ | 97 |  | $ | (626) |  | $ | 290 |

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 Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration