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Accumulated Other Comprehensive Income (Loss) | 12 Months Ended
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Dec. 31, 2020
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | 19. Accumulated Other Comprehensive Income (Loss) Below is the change in the Company’s accumulated other comprehensive income (loss) (AOCI) balance by component (net of income taxes) for the years ended December 31, 2020, 2019 and 2018:
(In thousands) |  | Foreign Currency Translation Adjustments |  |  | Defined Benefit Pension Plan Adjustments |  |  | Cash Flow Hedge Adjustments |  |  | Total |
Balance at December 31, 2017 |  | $ | (70,561 | ) |  | $ | (29,093 | ) |  | $ | 91 |  |  | $ | (99,563 | )
Other comprehensive income before reclassifications |  |  | (37,920 | ) |  |  | (7,080 | ) |  |  | — |  |  |  | (45,000 | )
Amounts reclassified from AOCI |  |  | — |  |  |  | 3,090 |  |  |  | (10 | ) |  |  | 3,080 |
Net current period other comprehensive income |  |  | (37,920 | ) |  |  | (3,990 | ) |  |  | (10 | ) |  |  | (41,920 | )
Balance at December 31, 2018 |  | $ | (108,481 | ) |  | $ | (33,083 | ) |  | $ | 81 |  |  | $ | (141,483 | )
Other comprehensive income before reclassifications |  |  | 4,444 |  |  |  | 4,112 |  |  |  | — |  |  |  | 8,556 |
Amounts reclassified from AOCI |  |  | — |  |  |  | 2,091 |  |  |  | (9 | ) |  |  | 2,082 |
Remeasurement adjustment related to the Tax Act (1) |  |  | — |  |  |  | (5,325 | ) |  |  | — |  |  |  | (5,325 | )
Net current period other comprehensive income |  |  | 4,444 |  |  |  | 878 |  |  |  | (9 | ) |  |  | 5,313 |
Balance at December 31, 2019 |  | $ | (104,037 | ) |  | $ | (32,205 | ) |  | $ | 72 |  |  | $ | (136,170 | )
Other comprehensive income before reclassifications |  |  | (3,046 | ) |  |  | (996 | ) |  |  | — |  |  |  | (4,042 | )
Amounts reclassified from AOCI |  |  | — |  |  |  | 3,340 |  |  |  | (9 | ) |  |  | 3,331 |
Net current period other comprehensive income |  |  | (3,046 | ) |  |  | 2,344 |  |  |  | (9 | ) |  |  | (711 | )
Balance at December 31, 2020 |  | $ | (107,083 | ) |  | $ | (29,861 | ) |  | $ | 63 |  |  | $ | (136,881 | )
| (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. |
Amounts reclassified out of AOCI for the three years ended December 31, 2020, 2019 and 2018, is displayed below:
|  | Amounts Reclassified from AOCI (1) |  |  |
(In thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  | Affected Line Item in Consolidated
|  | 2020 |  |  | 2019 |  |  | 2018 |  |  | Statements of Income
Amortization of defined pension items: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior service cost |  | $ | (11 | ) |  | $ | (12 | ) |  | $ | (12 | ) |  |
Actuarial loss |  |  | (4,421 | ) |  |  | (2,739 | ) |  |  | (4,059 | ) |  |
|  | $ | (4,432 | ) |  |  | (2,751 | ) |  |  | (4,071 | ) |  | Total before tax (2)
|  |  | 1,092 |  |  |  | 660 |  |  |  | 981 |  |  | Tax benefit
|  | $ | (3,340 | ) |  | $ | (2,091 | ) |  | $ | (3,090 | ) |  | Net of tax
Gains and losses on cash flow hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | $ | 9 |  |  | $ | 9 |  |  | $ | 10 |  |  | Cost of sales
|  |  | 9 |  |  |  | 9 |  |  |  | 10 |  |  | Total before tax
|  |  | — |  |  |  | — |  |  |  | — |  |  | Tax benefit
|  | $ | 9 |  |  | $ | 9 |  |  | $ | 10 |  |  | Net of tax
Total reclassifications for the period |  | $ | (3,331 | ) |  | $ | (2,082 | ) |  | $ | (3,080 | ) |  | Net of tax
(1) | Amounts in parentheses denote expense to statement of income.
(2) | This component of accumulated other comprehensive income is included in the computation of net periodic benefit cost (see Note 13 for details regarding net periodic benefit costs for the Company’s U.S. and U.K. defined benefit plans).

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