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Equity | 3 Months Ended
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Mar. 31, 2023
Equity [Abstract] |
Equity | 15. Equity Authorized capital consists of 75.0 million shares of $0.01 par value common stock and 3.5 million shares of $0.01 par value preferred stock. None of the preferred shares have been issued. As of March 31, 2023, the Company has $4.1 million remaining under an authorization from the Board of Directors to purchase up to $30.0 million of the Company’s common stock at management’s discretion. During the three months ended March 31, 2023, the Company repurchased 191,846 shares of the Company's common stock for $3.5 million under this authorization. A reconciliation of the changes in accumulated other comprehensiv e income (loss), net of income tax, by component for the three months ended March 31, 2023 and 2022 are summarized as follows:
|  | Cash Flow Hedges |  |  | Pension & Postretirement |  |  | Foreign Currency Translation |  |  | Total |
Balance as of December 31, 2021 |  | $ | — |  |  | $ | (32.3 | ) |  | $ | (70.1 | ) |  | $ | (102.4 | )
Other comprehensive loss before reclassifications |  |  | (0.3 | ) |  |  | (1.1 | ) |  |  | (5.5 | ) |  |  | (6.9 | )
Amounts reclassified from accumulated other comprehensive loss |  |  | 0.1 |  |  |  | 0.5 |  |  |  | — |  |  |  | 0.6 |
Net other comprehensive loss |  |  | (0.2 | ) |  |  | (0.6 | ) |  |  | (5.5 | ) |  |  | (6.3 | )
Balance as of March 31, 2022 |  | $ | (0.2 | ) |  | $ | (32.9 | ) |  | $ | (75.6 | ) |  | $ | (108.7 | )
Balance as of December 31, 2022 |  | $ | 5.4 |  |  | $ | (15.3 | ) |  | $ | (98.0 | ) |  | $ | (107.9 | )
Other comprehensive income (loss) before reclassifications |  |  | 0.1 |  |  |  | (1.7 | ) |  |  | 4.2 |  |  |  | 2.6 |
Amounts reclassified from accumulated other comprehensive loss |  |  | (3.4 | ) |  |  | 0.7 |  |  |  | — |  |  |  | (2.7 | )
Net other comprehensive income (loss) |  |  | (3.3 | ) |  |  | (1.0 | ) |  |  | 4.2 |  |  |  | (0.1 | )
Balance as of March 31, 2023 |  | $ | 2.1 |  |  | $ | (16.3 | ) |  | $ | (93.8 | ) |  | $ | (108.0 | )
A reconciliation of the reclassifications from accumulated other comprehensiv e income (loss), net of income tax, for the three months ended March 31, 2023 and 2022 are summarized as follows:
|  | Amount Reclassified from Accumulated Other Comprehensive Loss |  |  |
|  | Three Months Ended March 31, 2023 |  |  | Three Months Ended March 31, 2022 |  |  | Recognized Location
Gains (losses) on cash flow hedges |  |  |  |  |  |  |  |
FX Forward Contracts |  | $ | 3.4 |  |  | $ | (0.1 | ) |  | Cost of sales
Total before income taxes |  |  | 3.4 |  |  |  | (0.1 | ) |  |
Provision for income taxes |  |  | — |  |  |  | — |  |  |
Total, net of income taxes |  | $ | 3.4 |  |  | $ | (0.1 | ) |  |
Amortization of pension and postretirement items |  |  |  |  |  |  |  |
Actuarial losses |  | $ | (1.0 | ) |  | $ | (0.8 | ) | (a) | Other expense - net
Amortization of prior service cost |  |  | 0.3 |  |  |  | 0.3 |  | (a) | Other expense - net
Total before income taxes |  |  | (0.7 | ) |  |  | (0.5 | ) |  |
Provision for income taxes |  |  | — |  |  |  | — |  |  |
Total, net of income taxes |  | $ | (0.7 | ) |  | $ | (0.5 | ) |  |
Total reclassifications for the period, net of income taxes |  | $ | 2.7 |  |  | $ | (0.6 | ) |  |
(a) These accumulated other comprehensive income (loss) components are components of net periodic pension cost (refer to Note 20, “Employee Benefit Plans,” for further details)

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI https://asc.fasb.org/topic&trid=2208762 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008 + Details
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