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Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Schedule Of After-Tax Changes In Accumulated Other Comprehensive Income (Loss)    
The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2020:
(In thousands)Foreign
currency
translation
adjustment
Gain (loss) on
derivative
financial
instruments
Pension and
other
post-retirement
benefit
adjustments
Total
Beginning balance, January 1, 2020$(100,663) $(1,307) $(95,681) $(197,651) 
Other comprehensive income (loss) before reclassifications
(12,003) (6,242) —  (18,245) 
Amounts reclassified from accumulated other comprehensive income (loss)
—  3,725  5,862  9,587  
Net other comprehensive income (loss) - current period
(12,003) (2,517) 5,862  (8,658) 
Ending balance, June 30, 2020$(112,666) $(3,824) $(89,819) $(206,309) 
The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2019:
(In thousands)Foreign
currency
translation
adjustment
Gain (loss) on
derivative
financial
instruments
Pension and
other
post-retirement
benefit
adjustments
Total
Beginning balance, January 1, 2019$(96,940) $(1,601) $(81,446) $(179,987) 
Other comprehensive income (loss) before reclassifications(283) (1,218) —  (1,501) 
Amounts reclassified from accumulated other comprehensive income (loss)—  1,486  4,158  5,644  
Net other comprehensive income (loss) - current period(283) 268  4,158  4,143  
Ending balance, June 30, 2019$(97,223) $(1,333) $(77,288) $(175,844) 
Schedule Of Reclassifications Of Balances Out Of Accumulated Other Comprehensive Income (Loss) Into Net Income
Reclassifications of balances out of accumulated other comprehensive income (loss) into net income (loss) for the three months ended June 30, 2020 are summarized as follows:
(In thousands)Amount
reclassified from
other
comprehensive
income (loss)
Location of gain
(loss) reclassified
from accumulated
other
comprehensive
income (loss) to net
income (loss)
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes$(1,551) Cost of sales
Foreign currency forward contracts, before taxes(1,798) Selling, general & administrative
Foreign currency forward contracts, before taxes16  Cost of sales
Total, before taxes(3,333) 
Income tax expense (benefit)(721) Income tax expense (benefit)
Total, net of tax$(2,612) 
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes$(3,766) (a)
Income tax expense (benefit)(835) Income tax expense (benefit)
Total, net of tax$(2,931) 
(a) This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost (see Note 9 for additional detail).
Reclassifications of balances out of accumulated other comprehensive income (loss) into net income (loss) for the six months ended June 30, 2020 are summarized as follows:
(In thousands)Amount
reclassified from
other
comprehensive
income (loss)
Location of gain
(loss) reclassified
from accumulated
other
comprehensive
income (loss) to net
income (loss)
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes$(2,191) Cost of sales
Foreign currency forward contracts, before taxes(2,592) Selling, general & administrative
Foreign currency forward contracts, before taxes31  Cost of sales
Total, before taxes(4,752) 
Income tax expense (benefit)(1,027) Income tax expense (benefit)
Total, net of tax$(3,725) 
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes$(7,533) (a)
Income tax expense (benefit)(1,671) Income tax expense (benefit)
Total, net of tax$(5,862) 
(a) This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost (see Note 9 for additional detail).
Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended June 30, 2019 are summarized as follows:
(In thousands)Amount
reclassified from
other
comprehensive
income (loss)
Location of gain
(loss) reclassified
from accumulated
other
comprehensive
income (loss) to net
income (loss)
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes$(606) Cost of sales
Foreign currency forward contracts, before taxes(369) Selling, general & administrative
Foreign currency forward contracts, before taxes16  Cost of sales
Total, before taxes(959) 
Income tax expense (benefit)(131) Income tax expense (benefit)
Total, net of tax$(828) 
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes$(2,672) (a)
Income tax expense (benefit)(593) Income tax expense (benefit)
Total, net of tax$(2,079) 
(a) This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost (see Note 9 for additional detail).
Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the six months ended June 30, 2019 are summarized as follows:
(In thousands)Amount
reclassified from
other
comprehensive
income (loss)
Location of gain
(loss) reclassified
from accumulated
other
comprehensive
income (loss) to net
income (loss)
Gain (loss) on derivative financial instruments:
Aluminum future contracts, before taxes$(1,223) Cost of sales
Foreign currency forward contracts, before taxes(560) Selling, general & administrative
Foreign currency forward contracts, before taxes31  Cost of sales
Total, before taxes(1,752) 
Income tax expense (benefit)(266) Income tax expense (benefit)
Total, net of tax$(1,486) 
Amortization of pension and other post-retirement benefits:
Actuarial gain (loss) and prior service costs, before taxes$(5,343) (a)
Income tax expense (benefit)(1,185) Income tax expense (benefit)
Total, net of tax$(4,158) 
(a) This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost (see Note 9 for additional detail).