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OTHER COMPREHENSIVE INCOME (LOSS)
 12 Months Ended
Dec. 31, 2023
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
OTHER COMPREHENSIVE INCOME (LOSS)
Reclassification adjustments – Information regarding amounts reclassified from accumulated other comprehensive loss to net income was as follows:

Accumulated other comprehensive loss componentsAmounts reclassified from accumulated other comprehensive lossAffected line item in consolidated statements of income
(in thousands)202320222021
Amortization of postretirement benefit plan items:
Prior service credit$1,421 $1,421 $1,421 Other income, net
Net actuarial loss(2,273)(900)(1,629)Other income, net
Total amortization(852)521 (208)Other income, net
Tax benefit (expense)67 (315)(123)Income tax provision
Amortization of postretirement benefit plan items, net of tax
(785)206 (331)Net income
Debt securities:
Realized loss on debt securities(1,468)(8)— Other income, net
Tax benefit
376 2 — Income tax provision
Realized loss on debt securities, net of tax(1,092)(6)— Net income
Cash flow hedges:
Realized gain (loss) on cash flow hedges
3,227 20 (1,384)Interest expense
Tax (expense) benefit
(872)(5)361 Income tax provision
Realized gain (loss) on cash flow hedges, net of tax
2,355 15 (1,023)Net income
Foreign currency translation adjustment(1)
(863)(5,550)— Gain on sale of businesses and long-lived assets
Total reclassifications, net of tax
$(385)$(5,335)$(1,354)

(1) Relates to the sale of our web hosting businesses. Further information can be found in Note 6.
Accumulated other comprehensive loss – Changes in the components of accumulated other comprehensive loss were as follows:
(in thousands)Postretirement benefit plansNet unrealized loss on debt securitiesNet unrealized loss on cash flow hedgesForeign currency translation adjustmentAccumulated other comprehensive loss
Balance, December 31, 2020
$(21,956)$(90)$(5,351)$(14,036)$(41,433)
Other comprehensive income (loss) before reclassifications
6,194 (254)2,067 580 8,587 
Amounts reclassified from accumulated other comprehensive loss
331 — 1,023 — 1,354 
Net other comprehensive income (loss)
6,525 (254)3,090 580 9,941 
Balance, December 31, 2021
(15,431)(344)(2,261)(13,456)(31,492)
Other comprehensive (loss) income before reclassifications
(11,235)(571)4,869 (4,170)(11,107)
Amounts reclassified from accumulated other comprehensive loss
(206)6 (15)5,550 5,335 
Net other comprehensive (loss) income
(11,441)(565)4,854 1,380 (5,772)
Balance, December 31, 2022
(26,872)(909)2,593 (12,076)(37,264)
Other comprehensive income (loss) before reclassifications
6,263 (183)(524)1,295 6,851 
Amounts reclassified from accumulated other comprehensive loss
785 1,092 (2,355)863 385 
Net other comprehensive income (loss)
7,048 909 (2,879)2,158 7,236 
Balance, December 31, 2023
$(19,824)$— $(286)$(9,918)$(30,028)