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OTHER (Tables)
9 Months Ended
Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Cash Dividends Declared
Dividends declared in the nine months ended September 30, 2020 were as follows:
Dividend per shareDate declaredDate of recordPayment date
$0.04253/10/202011/16/202012/16/2020
$0.04256/25/20208/3/20208/17/2020
$0.04258/4/202011/2/202011/16/2020
Supplemental Cash Flow Information
Supplemental cash flow information
Nine Months Ended
September 30,
20202019
(in thousands)
Supplemental disclosure of cash flow information:
Cash paid for interest$11,750 $13,876 
Cash paid for taxes (net of refunds)(85)938 
Non-cash investing activities:
Translation loss adjustment
$(5,062)$(4,032)
Components of Accumulated Other Comprehensive Loss, Net
Components of accumulated other comprehensive loss, net
Three Months Ended
September 30,
Nine Months Ended
September 30,
2020201920202019
(in thousands)
Accumulated translation adjustment:
Balance at beginning of period$(40,991)$(35,374)$(34,019)$(33,727)
Translation income (loss) during period
2,145 (2,385)(5,062)(4,032)
Amounts reclassified from accumulated other comprehensive loss (1)
— — 235 — 
Translation Adjustment 2,145 (2,385)(4,827)(4,032)
Balance at end of period$(38,846)$(37,759)$(38,846)$(37,759)
Accumulated deferred (losses) gains on cash flow hedges:
Balance at beginning of period$(1,612)$1,739 $1,164 $161 
Amounts reclassified from accumulated other comprehensive loss:
Settlement of cash flow hedge (2)
305 (143)664 (166)
Change in unrealized (losses) gains
(89)294 (3,224)1,895 
Net change in cash flow hedges, net of taxes of $73 and $36 for the three months ended September 30, 2020 and 2019, respectively and $(856) and $531 for the nine months ended September 30, 2020 and 2019, respectively.
216 151 (2,560)1,729 
Balance at end of period$(1,396)$1,890 $(1,396)$1,890 
Accumulated effect of retirement benefit obligations:
Balance at beginning of period$(1,561)$(1,025)$(1,600)$(1,050)
Amounts reclassified from accumulated other comprehensive loss: (3)
Amortization of actuarial loss, net of taxes20 13 59 38 
Balance at end of period$(1,541)$(1,012)$(1,541)$(1,012)
Total accumulated other comprehensive loss at end of period
$(41,783)$(36,881)$(41,783)$(36,881)
(1)Amount is recorded in equity in earnings (losses) on the unaudited condensed consolidated statements of operations.
(2)Amounts reclassified are recorded in interest expense and cost of sales on the unaudited condensed consolidated statement of operations.
(3)Amounts are recorded in selling, general and administrative expense on the unaudited condensed consolidated statements of operations.