ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Changes in Accumulated Other Comprehensive Income (Losses)

The following table sets forth details of the changes in accumulated other comprehensive income (losses) for the three and nine months ended September 30, 2023 and 2022.


In thousands	Currency translation adjustments		Unrealized gain (loss) on derivatives		Change in pensions		Change in other postretirement defined benefit plans		Total

Balance at July 1, 2023	$	(96,759)	$	11,322	$	(2,562)	$	403	$	(87,596)
Other comprehensive income (loss) before reclassifications (net of tax)	(7,185)		1,515		—		—		(5,670)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(484)		19		(8)		(473)
Net current period other comprehensive income (loss)	(7,185)		1,031		19		(8)		(6,143)
Balance at September 30, 2023	$	(103,944)	$	12,353	$	(2,543)	$	395	$	(93,739)

Balance at July 1, 2022	$	(109,347)	$	10,165	$	(11,230)	$	(1,001)	$	(111,413)
Other comprehensive income (loss) before reclassifications (net of tax)	(24,394)		7,665		—		—		(16,729)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(1,794)		207		26		(1,561)
Net current period other comprehensive income (loss)	(24,394)		5,871		207		26		(18,290)
Balance at September 30, 2022	$	(133,741)	$	16,036	$	(11,023)	$	(975)	$	(129,703)

Balance at January 1, 2023	$	(106,242)	$	11,176	$	(3,247)	$	418	$	(97,895)
Other comprehensive income before reclassifications (net of tax)	2,298		3,128		—		—		5,426
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(1,951)		704		(23)		(1,270)
Net current period other comprehensive income (loss)	2,298		1,177		704		(23)		4,156
Balance at September 30, 2023	$	(103,944)	$	12,353	$	(2,543)	$	395	$	(93,739)

Balance at January 1, 2022	$	(69,757)	$	1,988	$	(11,482)	$	(1,053)	$	(80,304)
Other comprehensive income (loss) before reclassifications (net of tax)	(63,984)		17,808		—		—		(46,176)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(3,760)		459		78		(3,223)
Net current period other comprehensive income (loss)	(63,984)		14,048		459		78		(49,399)
Balance at September 30, 2022	$	(133,741)	$	16,036	$	(11,023)	$	(975)	$	(129,703)

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income

Reclassifications out of accumulated other comprehensive income and into the condensed consolidated statements of income were as follows:


	Three months ended September 30,				Nine months ended September 30,
In thousands	2023		2022		2023		2022
Description									Line Item in Statements of Income
Cash flow hedges (Note 18)
Gains on cash flow hedges	$	(261)	$	(2,275)	$	(1,579)	$	(5,044)	Costs of products sold
Tax expense	(223)		654		(372)		1,446		Income tax provision
Net of tax	(484)		(1,621)		(1,951)		(3,598)

Loss (gain) on interest rate swaps	—		(173)		—		(162)		Interest expense
Tax expense	—		—		—		—		Income tax provision
Net of tax	—		(173)		—		(162)
Total cash flow hedges	(484)		(1,794)		(1,951)		(3,760)

Retirement plan obligations (Note 11)
Amortization of deferred benefit pension plans
Prior service costs	4		(5)		16		17		Other, net
Actuarial losses	21		161		64		492		Other, net
Pension settlement	—		—		633		—		Other, net
	25		156		713		509
Tax benefit	(6)		51		(9)		(50)		Income tax provision
Net of tax	19		207		704		459
Amortization of deferred benefit other plans
Prior service costs	6		26		16		78		Other, net
Actuarial gain	(14)		—		(39)		—		Other, net
	(8)		26		(23)		78
Tax expense	—		—		—		—		Income tax provision
Net of tax	(8)		26		(23)		78
Total reclassifications, net of tax	$	(473)	$	(1,561)	$	(1,270)	$	(3,223)