Note 8 - Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2019

NOTE

– ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The reclassifications out of Accumulated other comprehensive income (loss) as reported in the Consolidated Statements of Income are:

	Three Months Ended Septem b er 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Pension and other postretirement benefits:
Recognized actuarial loss (a)	$	438		$	285		$	1,315		$	896
Settlement loss (b)		-			120			-			2,736
Total before income tax	$	438		$	405		$	1,315		$	3,632
Income tax		(98	)		(97	)		(281	)		(893	)
Net of income tax	$	340		$	308		$	1,034		$	2,739

(a)	The recognized actuarial loss is included in Other income (expense), net in the Consolidated Statements of Income.

(b)	The settlement loss is included in Other income (expense), net in the Consolidated Statements of Income.

The components of Accumulated other comprehensive income (loss) as reported in the Consolidated Balance Sheets are:

	Currency Translation Adjustments			Pension and Other Postretirement Benefits			Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2018	$	(8,243	)	$	(15,180	)	$	(23,423	)
Reclassification adjustments		-			1,315			1,315
Current period benefit		(1,180	)		-			(1,180	)
Income tax benefit (charge)		-			(281	)		(281	)
Balance at September 30, 2019	$	(9,423	)	$	(14,146	)	$	(23,569	)

	Currency Translation Adjustments			Pension and Other Postretirement Benefits			Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2017	$	(5,321	)	$	(7,188	)	$	(12,509	)
Reclassification adjustments		-			3,632			3,632
Current period benefit		(1,549	)		-			(1,549	)
Income tax charge		-			(893	)		(893	)
Balance at September 30, 2018	$	(6,870	)	$	(4,449	)	$	(11,319	)