XML 36 R26.htm IDEA: XBRL DOCUMENT v3.23.2
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Notes)
6 Months Ended
Jun. 30, 2023
Stockholders' Equity Note [Abstract]  
Comprehensive Loss Note ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
Accumulated other comprehensive loss consisted of the following (amounts in thousands):

 Currency
Translation
Adjustments
Gain (Loss) on
Derivatives
Unrecognized
Losses and
Prior Service
Cost
 
 
Total
Balance at April 1, 2023$(235,673)$1,113 $(9,297)$(243,857)
Currency translation adjustments, net2,212 — — 2,212 
Defined benefit pension plans:
Amortization of unrecognized losses and prior service cost, net of tax of $(41)
— — 123 123 
Derivative loss— (39)— (39)
Balance at June 30, 2023$(233,461)$1,074 $(9,174)$(241,561)
 Currency
Translation
Adjustments
Gain (Loss) on
Derivatives
Unrecognized
Losses and
Prior Service
Cost
 
 
Total
Balance at January 1, 2023$(243,712)$1,224 $(9,267)$(251,755)
Currency translation adjustments, net10,251 — — 10,251 
Defined benefit pension plans:
Amortization of unrecognized losses and prior service cost, net of tax of $(30)
— — 93 93 
Derivative loss— (150)— (150)
Balance at June 30, 2023$(233,461)$1,074 $(9,174)$(241,561)
 Currency
Translation
Adjustments
Gain (Loss) on
Derivatives
Unrecognized
Losses and
Prior Service
Cost
 
 
Total
Balance at April 1, 2022$(217,602)$264 $(9,838)$(227,176)
Currency translation adjustments, net(18,765)— — (18,765)
Defined benefit pension plans:
Amortization of unrecognized losses and prior service cost, net of tax of $(162)
— — 431 431 
Derivative gain— 275 — 275 
Balance at June 30, 2022$(236,367)$539 $(9,407)$(245,235)
 Currency
Translation
Adjustments
Gain (Loss) on
Derivatives
Unrecognized
Losses and
Prior Service
Cost
 
 
Total
Balance at January 1, 2022$(236,059)$(39)$(10,382)$(246,480)
Currency translation adjustments, net (1)
(308)— — (308)
Defined benefit pension plans:
Amortization of unrecognized losses and prior service cost, net of tax of $(344)
— — 975 975 
Derivative gain— 578 — 578 
Balance at June 30, 2022$(236,367)$539 $(9,407)$(245,235)

(1) The currency translation adjustments, net includes currency translation on amounts reclassified into other expense within the Condensed Consolidated Statements of Operations of approximately $10.0 million for the six months ended June 30, 2022 related to the sale of the Australian wheel business. Refer to Note 1 and 12 for additional information.