XML 24 R5.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of Comprehensive Income [Abstract]      
Net income $ 65,530 $ 62,772 $ 5,335
Postretirement benefit plans:      
Net actuarial (loss) gain arising during the year (11,235) 6,194 5,616
Less reclassification of amounts to net income:      
Amortization of prior service credit (1,042) (1,050) (1,055)
Amortization of net actuarial loss 836 1,381 1,889
Postretirement benefit plans (11,441) 6,525 6,450
Interest rate swaps:      
Unrealized gain (loss) arising during the year 4,869 2,067 (4,973)
Reclassification of realized (gain) loss to net income (15) 1,023 719
Interest rate swaps 4,854 3,090 (4,254)
Debt securities:      
Unrealized holding (loss) gain arising during the year (571) (254) 338
Reclassification of realized loss (gain) to net income 6 0 (153)
Debt securities (565) (254) 185
Foreign currency translation adjustment:      
Unrealized foreign currency translation (loss) gain arising during the year (4,170) 580 4,133
Reclassification of foreign currency translation loss to net income 5,550 0 0
Foreign currency translation adjustment 1,380 580 4,133
Other comprehensive (loss) income (5,772) 9,941 6,514
Comprehensive income 59,758 72,713 11,849
Comprehensive income attributable to non-controlling Interest (135) (139) (91)
Comprehensive income attributable to Deluxe 59,623 72,574 11,758
Postretirement benefit plans:      
Net actuarial (loss) gain arising during the year 4,090 (2,186) (1,948)
Less reclassification of amounts to net income:      
Amortization of prior service credit 379 371 366
Amortization of net actuarial loss (64) (248) (412)
Postretirement benefit plans 4,405 (2,063) (1,994)
Interest rate swaps:      
Unrealized gain (loss) arising during the year (1,771) (731) 1,725
Reclassification of realized (gain) loss to net income 5 (361) (249)
Interest rate swaps (1,766) (1,092) 1,476
Debt securities:      
Unrealized holding (loss) gain arising during the year 197 88 (117)
Reclassification of realized loss (gain) to net income (2) 0 53
Debt securities 195 88 (64)
Total net tax benefit (expense) $ 2,834 $ (3,067) $ (582)