Other comprehensive income (Tables)

3 Months Ended

Mar. 31, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Reclassification adjustments – Information regarding amounts reclassified from accumulated other comprehensive loss to net income was as follows:


Accumulated other comprehensive loss components	Amounts reclassified from accumulated other comprehensive loss				Affected line item in consolidated statements of comprehensive income
	Quarter Ended March 31,
(in thousands)	2022		2021
Realized loss on interest rate swap	$	(318)	$	(334)		Interest expense
Tax benefit	83		87			Income tax provision
Realized loss on interest rate swap, net of tax	(235)		(247)			Net income
Amortization of postretirement benefit plan items:
Prior service credit	355		355			Other income
Net actuarial loss	(225)		(407)			Other income
Total amortization	130		(52)			Other income
Tax expense	(77)		(31)			Income tax provision
Amortization of postretirement benefit plan items, net of tax	53		(83)			Net income
Total reclassifications, net of tax	$	(182)	$	(330)

Accumulated other comprehensive loss

Accumulated other comprehensive loss – Changes in the components of accumulated other comprehensive loss during the quarter ended March 31, 2022 were as follows:


(in thousands)	Postretirement benefit plans		Net unrealized loss on available-for-sale debt securities(1)		Net unrealized loss on cash flow hedge(2)		Currency translation adjustment		Accumulated other comprehensive loss
Balance, December 31, 2021	$	(15,431)	$	(344)	$	(2,261)	$	(13,456)	$	(31,492)
Other comprehensive (loss) income before reclassifications	—		(335)		1,924		696		2,285
Amounts reclassified from accumulated other comprehensive loss	(53)		—		235		—		182
Net current-period other comprehensive (loss) income	(53)		(335)		2,159		696		2,467
Balance, March 31, 2022	$	(15,484)	$	(679)	$	(102)	$	(12,760)	$	(29,025)

(1) Other comprehensive loss before reclassifications is net of an income tax benefit of $116.

(2) Other comprehensive income before reclassifications is net of income tax expense of $679.