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Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2020
Comprehensive Income (Loss)  
Schedule of accumulated other comprehensive loss

The components of accumulated other comprehensive loss as recorded on the accompanying Consolidated Balance Sheets were as follows:

    

2020

    

2019

(Dollars in thousands)

Foreign currency translation adjustments

$

(6,050)

$

(7,033)

Pension liability, net of tax

 

(21,955)

 

(17,503)

Total accumulated other comprehensive loss

$

(28,005)

$

(24,536)

Schedule of changes in accumulated other comprehensive loss

The following presents a tabular disclosure about changes in accumulated other comprehensive loss (dollars in thousands):

    

Foreign Currency

    

    

Translation

Defined Benefit

 Adjustments

Pension Items

Total

Balance, December 31, 2019

$

(7,033)

$

(17,503)

$

(24,536)

Other comprehensive income (loss) before reclassifications

 

983

 

(5,017)

 

(4,034)

Amounts reclassified from accumulated other comprehensive loss

 

 

565

 

565

Net current period other comprehensive income ( loss)

 

983

 

(4,452)

 

(3,469)

Balance, December 31, 2020

$

(6,050)

$

(21,955)

$

(28,005)

Schedule of reclassification adjustments out of accumulated other comprehensive loss

The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the years ended December 31, 2020 and 2019 (dollars in thousands):

Amounts reclassified 

from accumulated other

comprehensive loss for the 

Affected line item in the

year ended December 31,

statement where net income

    

2020

    

2019

    

is presented

Amortization of defined benefit pension items

 

  

 

  

 

  

Prior service cost

$

(63)

(1)

$

(63)

(1)

Other income (expense), net

Actuarial losses

 

826

(1)

 

689

(1)

Other income (expense), net

Total before tax

 

763

 

626

 

  

Tax benefit

 

(198)

 

(163)

 

  

Net of tax

$

565

$

463

 

  

(1)These amounts were included in the computation of pension expense. See Note 11 for additional details.