Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Schedule Of Diluted Earnings Per Share Computed Using Weighted Average Common And Potentially Dilutive Common Equivalent Shares Outstanding

Diluted earnings per share is computed using the weighted average common and potentially dilutive common equivalent shares outstanding, determined as follows:


	2023	2022	2021
Weighted average shares outstanding used to compute basic earnings per share	34,133,078	33,805,530	33,562,684
Incremental shares attributable to stock options and restricted stock	—	20,900	107,566
Shares used to compute diluted earnings per share	34,133,078	33,826,430	33,670,250

Schedule of Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) by component are summarized as follows:


(In thousands)	Foreign Currency Translation		Gain (Loss) on Derivative Financial Instruments		Pension & Other Postretirement Benefit Adjust		Total Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2021	$	(84,149)	$	2,264	$	(96,519)	$	(178,404)
Other comprehensive income (loss)	(2,008)		3,800		23,932		25,724
Income tax (expense) benefit	365		(842)		(5,212)		(5,689)
Other comprehensive income (loss), net of tax	(1,643)		2,958		18,720		20,035
Reclassification adjustment to net income (loss)	—		(5,513)		16,862		11,349
Income tax (expense) benefit	—		1,192		(3,676)		(2,484)
Reclassification adjustment to net income (loss), net of tax	—		(4,321)		13,186		8,865
Other comprehensive income (loss), net of tax	(1,643)		(1,363)		31,906		28,900
Balance at December 31, 2021	(85,792)		901		(64,613)		(149,504)
Other comprehensive income (loss)	3		(1,256)		(6,464)		(7,717)
Income tax (expense) benefit	(290)		(374)		1,400		736
Other comprehensive income (loss), net of tax	(287)		(1,630)		(5,064)		(6,981)
Reclassification adjustment to net income (loss)	—		(2,461)		13,606		11,145
Income tax (expense) benefit	—		710		(2,965)		(2,255)
Reclassification adjustment to net income (loss), net of tax	—		(1,751)		10,641		8,890
Other comprehensive income (loss), net of tax	(287)		(3,381)		5,577		1,909
Balance at December 31, 2022	(86,079)		(2,480)		(59,036)		(147,595)
Other comprehensive income (loss)	3,511		11,794		1,935		17,240
Income tax (expense) benefit	(469)		(2,977)		(422)		(3,868)
Other comprehensive income (loss), net of tax	3,042		8,817		1,513		13,372
Reclassification adjustment to net income (loss)	—		(7,580)		101,323		93,743
Income tax (expense) benefit	—		2,044		(43,261)		(41,217)
Reclassification adjustment to net income (loss), net of tax	—		(5,536)		58,062		52,526
Other comprehensive income (loss), net of tax	3,042		3,281		59,575		65,898
Balance at December 31, 2023	$	(83,037)	$	801	$	539	$	(81,697)