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Accumulated Other Comprehensive Income (Loss) (Tables) | 3 Months Ended
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Mar. 31, 2023
Equity [Abstract] |
Summary of Changes in Accumulated Other Comprehensive Income | Below is the change in the Company’s accumulated other comprehensive income (loss) (AOCI) balance by component (net of income taxes) for the three months ended March 31, 2023 and 2022:
(In thousands) |  | Foreign Currency Translation Adjustments |  |  | Defined Benefit Pension Plan Adjustments |  |  | Cash Flow Hedge Adjustments |  |  | Total |
Balance at December 31, 2021 |  | $ | (135,268 | ) |  | $ | (18,022 | ) |  | $ | 54 |  |  | $ | (153,236 | )
Other comprehensive income before reclassifications |  |  | 9,829 |  |  |  | — |  |  |  | 2,791 |  |  |  | 12,620 |
Amounts reclassified from AOCI |  |  | — |  |  |  | 436 |  |  |  | (3 | ) |  |  | 433 |
Net current-period other comprehensive income |  |  | 9,829 |  |  |  | 436 |  |  |  | 2,788 |  |  |  | 13,053 |
Balance at March 31, 2022 |  | $ | (125,439 | ) |  | $ | (17,586 | ) |  | $ | 2,842 |  |  | $ | (140,183 | )
Balance at December 31, 2022 |  | $ | (156,835 | ) |  | $ | (19,079 | ) |  | $ | 8,402 |  |  | $ | (167,512 | )
Other comprehensive income before reclassifications |  |  | 18,423 |  |  |  | — |  |  |  | (1,514 | ) |  |  | 16,909 |
Amounts reclassified from AOCI |  |  | — |  |  |  | 58 |  |  |  | (3 | ) |  |  | 55 |
Net current-period other comprehensive income |  |  | 18,423 |  |  |  | 58 |  |  |  | (1,517 | ) |  |  | 16,964 |
Balance at March 31, 2023 |  | $ | (138,412 | ) |  | $ | (19,021 | ) |  | $ | 6,885 |  |  | $ | (150,548 | )
Summary of Amounts Reclassifications Out of Accumulated Other Comprehensive Income | Information regarding the reclassifications out of AOCI for the three months ended March 31, 2023 and 2022, is displayed below:
(In thousands) |  | Amount Reclassified from AOCI (1) |  |  |
AOCI Components |  | Three Months Ended March 31, |  |  | Affected Line Item in Condensed Consolidated Statements of Income
|  | 2023 |  |  | 2022 |  |  |
Amortization of defined benefit pension actuarial losses |  | $ | (75 | ) |  | $ | (580 | ) |  | (2)
|  |  | 17 |  |  |  | 144 |  |  | Tax benefit
|  | $ | (58 | ) |  | $ | (436 | ) |  | Net of tax
Gains and losses on cash flow hedges: |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  | 3 |  |  |  | 3 |  |  | Cost of sales
|  |  | 3 |  |  |  | 3 |  |  | Total before tax
|  |  | — |  |  |  | — |  |  | Tax benefit
|  | $ | 3 |  |  | $ | 3 |  |  | Net of tax
Total reclassifications for the period |  | $ | (55 | ) |  | $ | (433 | ) |  | Net of tax
(1) Amounts in parentheses denote expense to the Company’s Condensed Consolidated Statements of Income. (2) This component of accumulated other comprehensive income is included in the computation of net periodic benefit cost. See Note 9, Postretirement Benefit Plans, of the notes to the Company’s condensed consolidated financial statements (included in Item 1 of this Form 10-Q) for additional details.

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