XML 27 R17.htm IDEA: XBRL DOCUMENT
v3.20.2

Accumulated Other Comprehensive Income (Loss) | 6 Months Ended
--- | ---
Jun. 30, 2020
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) |
11. | ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Below is the change in the Company’s AOCI balance by component (net of income taxes) for the three and six months ended June 30, 2020 and 2019:
(In thousands) |  | Foreign Currency Translation Adjustments |  |  | Defined Benefit Pension Plan Adjustments |  |  | Cash Flow Hedge Adjustments |  |  | Total |
Balance at March 31, 2019 |  | $ | (104,794 | ) |  | $ | (37,865 | ) |  | $ | 79 |  |  | $ | (142,580 | )
Other comprehensive income before reclassifications |  |  | 4,317 |  |  |  | — |  |  |  | — |  |  |  | 4,317 |
Amounts reclassified from AOCI |  |  | — |  |  |  | 542 |  |  |  | (2 | ) |  |  | 540 |
Net current-period other comprehensive income |  |  | 4,317 |  |  |  | 542 |  |  |  | (2 | ) |  |  | 4,857 |
Balance at June 30, 2019 |  | $ | (100,477 | ) |  | $ | (37,323 | ) |  | $ | 77 |  |  | $ | (137,723 | )
Balance at March 31, 2020 |  | $ | (145,219 | ) |  | $ | (31,397 | ) |  | $ | 70 |  |  | $ | (176,546 | )
Other comprehensive income before reclassifications |  |  | 3,537 |  |  |  | — |  |  |  | — |  |  |  | 3,537 |
Amounts reclassified from AOCI |  |  | — |  |  |  | 808 |  |  |  | (2 | ) |  |  | 806 |
Net current-period other comprehensive income |  |  | 3,537 |  |  |  | 808 |  |  |  | (2 | ) |  |  | 4,343 |
Balance at June 30, 2020 |  | $ | (141,682 | ) |  | $ | (30,589 | ) |  | $ | 68 |  |  | $ | (172,203 | )
Balance at December 31, 2018 |  | $ | (108,481 | ) |  | $ | (33,083 | ) |  | $ | 81 |  |  | $ | (141,483 | )
Other comprehensive income before reclassifications |  |  | 8,004 |  |  |  | — |  |  |  | — |  |  |  | 8,004 |
Amounts reclassified from AOCI |  |  | — |  |  |  | 1,085 |  |  |  | (4 | ) |  |  | 1,081 |
Remeasurement adjustment related to the Tax Act (1) |  |  | — |  |  |  | (5,325 | ) |  |  | — |  |  |  | (5,325 | )
Net current-period other comprehensive income |  |  | 8,004 |  |  |  | (4,240 | ) |  |  | (4 | ) |  |  | 3,760 |
Balance at June 30, 2019 |  | $ | (100,477 | ) |  | $ | (37,323 | ) |  | $ | 77 |  |  | $ | (137,723 | )
Balance at December 31, 2019 |  | $ | (104,037 | ) |  | $ | (32,205 | ) |  | $ | 72 |  |  | $ | (136,170 | )
Other comprehensive income before reclassifications |  |  | (37,645 | ) |  |  | — |  |  |  | — |  |  |  | (37,645 | )
Amounts reclassified from AOCI |  |  | — |  |  |  | 1,616 |  |  |  | (4 | ) |  |  | 1,612 |
Net current-period other comprehensive income |  |  | (37,645 | ) |  |  | 1,616 |  |  |  | (4 | ) |  |  | (36,033 | )
Balance at June 30, 2020 |  | $ | (141,682 | ) |  | $ | (30,589 | ) |  | $ | 68 |  |  | $ | (172,203 | )
| (1) | Represents reclassification of the stranded tax effects resulting from the U.S. Tax Cuts and Jobs Act (Tax Act) from accumulated other comprehensive income (loss) to retained earnings in accordance with ASU 2018-02. |
Information regarding the reclassifications out of AOCI for the three- and six-month periods ended June 30, 2020 and 2019, is displayed below:
(In thousands) |  | Amount Reclassified from AOCI (a) |  |  |
AOCI Components |  | Three Months Ended June 30 |  |  | Six Months Ended June 30 |  |  | Affected Line Item in Consolidated Statements of Income
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |  |  |
Amortization of defined benefit pension actuarial losses |  | $ | (1,071 | ) |  | $ | (714 | ) |  | $ | (2,142 | ) |  | $ | (1,429 | ) |  | (b)
|  |  | 263 |  |  |  | 172 |  |  |  | 526 |  |  |  | 344 |  |  | Tax benefit
|  | $ | (808 | ) |  | $ | (542 | ) |  | $ | (1,616 | ) |  | $ | (1,085 | ) |  | Net of tax
Gains and losses on cash flow hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  | 2 |  |  |  | 2 |  |  |  | 4 |  |  |  | 4 |  |  | Cost of sales
|  |  | 2 |  |  |  | 2 |  |  |  | 4 |  |  |  | 4 |  |  | Total before tax
|  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  | Tax benefit
|  | $ | 2 |  |  | $ | 2 |  |  | $ | 4 |  |  | $ | 4 |  |  | Net of tax
Total reclassifications for the period |  | $ | (806 | ) |  | $ | (540 | ) |  | $ | (1,612 | ) |  | $ | (1,081 | ) |  | Net of tax
| (a) | Amounts in parentheses denote expense to statement of income.
| (b) | This component of accumulated other comprehensive income is included in the computation of net periodic benefit cost (see Note 9 for additional details). |

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration