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Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2021

Comprehensive Income (Loss)

Comprehensive Income (Loss)

13. Comprehensive Income (Loss)

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

​	​	​	​	​	​	​
​	​	2021		​	2020
​	​	(Dollars in thousands)
Foreign currency translation adjustments	​	$	(6,783)	​	$	(6,050)
Pension liability, net of tax	​		(18,011)	​		(21,955)
Total accumulated other comprehensive loss	​	$	(24,794)	​	$	(28,005)

​

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)
Other comprehensive (loss) income before reclassifications	​		(733)	​		3,196	​		2,463
Amounts reclassified from accumulated other comprehensive loss	​		—	​		748	​		748
Net current period other comprehensive (loss) income	​		(733)	​		3,944	​		3,211
Balance, December 31, 2021	​	$	(6,783)	​	$	(18,011)	​	$	(24,794)

​

The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the years ended December 31, 2021 and 2020 (dollars in thousands):

​	​	​	​	​	​	​	​	​
​	​	Amounts reclassified from					​	​
​	​	accumulated other					​	​
​	​	comprehensive loss for the year					​	Affected line item in the
​	​	ended December 31,					​	statement where net income
​		2021			2020			is presented
Amortization of defined benefit pension items		​			​
Prior service cost	​	$	(62)	(1)	$	(63)	(1)	Other income, net
Actuarial losses	​		1,074	(1)		826	(1)	Other income, net
Total before tax	​		1,012	​		763
Tax benefit	​		(264)	​		(198)
Net of tax	​	$	748	​	$	565

​

(1) These amounts were included in the computation of pension (benefit) expense. See Note 12 for additional details.

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- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-URI http://asc.fasb.org/topic&trid=2134417

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

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- Definition

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+ References

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