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Reclassifications Out of Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Reclassification Adjustments and Other Activities Impacting Accumulated Other Comprehensive Loss

Reclassification adjustments and other activities impacting accumulated other comprehensive loss during the years ended December 31, 2024, 2023 and 2022 are as follows:


	Defined Benefit Pension Plans			Foreign Currency Translation Adjustments			Commodity Hedge Derivatives		Foreign Currency Hedge Derivatives				Total
Balance at December 31, 2023	$	(1,011	)	$	(34,830	)	$	—	$	5,681			$	(30,160	)
Other comprehensive loss before reclassifications		(1,242	)		(45,519	)		—		(3,648	)			(50,409	)
Income tax effect of other comprehensive loss before reclassifications		335			253			—		784				1,372
Amounts reclassified from accumulated other comprehensive loss into net income		91			—			—		(7,611	)	a		(7,520	)
Income taxes reclassified into net income		(24	)		—			—		1,548				1,524
Net current period other comprehensive loss		(840	)		(45,266	)		—		(8,927	)			(55,033	)
Balance at December 31, 2024	$	(1,851	)	$	(80,096	)	$	—	$	(3,246	)		$	(85,193	)

(a)

The amounts reclassified from accumulated other comprehensive loss are included in cost of sales. See Note 14 for information related to the effect of foreign currency derivative instruments on our consolidated statements of income.


	Defined Benefit Pension Plans			Foreign Currency Translation Adjustments			Commodity Hedge Derivatives		Foreign Currency Hedge Derivatives				Total
Balance at December 31, 2022	$	(1,067	)	$	(48,269	)	$	—	$	2,847			$	(46,489	)
Other comprehensive income before reclassifications		54			13,125			—		13,086				26,265
Income tax effect of other comprehensive income before reclassifications		(15	)		314			—		(2,770	)			(2,471	)
Amounts reclassified from accumulated other comprehensive loss into net income		23			—			—		(9,603	)	a		(9,580	)
Income taxes reclassified into net income		(6	)		—			—		2,121				2,115
Net current period other comprehensive income		56			13,439			—		2,834				16,329
Balance at December 31, 2023	$	(1,011	)	$	(34,830	)	$	—	$	5,681			$	(30,160	)

(a)


	Defined Benefit Pension Plans			Foreign Currency Translation Adjustments			Commodity Hedge Derivatives				Foreign Currency Hedge Derivatives				Total
Balance at December 31, 2021	$	(2,893	)	$	(34,188	)	$	5			$	154			$	(36,922	)
Other comprehensive income (loss) before reclassifications		2,341			(13,786	)		13				4,954				(6,478	)
Income tax effect of other comprehensive income (loss) before reclassifications		(621	)		(295	)		(3	)			(1,092	)			(2,011	)
Amounts reclassified from accumulated other comprehensive loss into net income		137			—			(19	)	a		(1,458	)	a		(1,340	)
Income taxes reclassified into net income		(31	)		—			4				289				262
Net current period other comprehensive income (loss)		1,826			(14,081	)		(5	)			2,693				(9,567	)
Balance at December 31, 2022	$	(1,067	)	$	(48,269	)	$	—			$	2,847			$	(46,489	)

(a)

The amounts reclassified from accumulated other comprehensive loss are included in cost of sales. See Note 14 for information related to the effect of commodity and foreign currency derivative instruments on our consolidated statements of income.