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OTHER (Tables)
6 Months Ended
Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Cash Dividends Declared Dividends declared in the six months ended June 30, 2022 were as follows:
Dividend per shareDate declaredDate of recordPayment date
$0.04253/8/20225/2/20225/16/2022
$0.04256/23/20228/1/20228/15/2022
Supplemental Cash Flow Information Supplemental cash flow information
Six Months Ended
June 30,
20222021
(in thousands)
Supplemental disclosure of cash flow information:
Cash paid for interest$6,598 $6,896 
Cash paid for taxes, net of refunds5,862 10,793 
Non-cash investing activities:
Net (loss) on dilution of Vasconia ownership$— $(310)
Components of Accumulated Other Comprehensive Loss, Net
Components of accumulated other comprehensive loss, net
Three Months Ended
June 30,
Six Months Ended
June 30,
2022202120222021
(in thousands)
Accumulated translation adjustment:
Balance at beginning of period$(31,868)$(34,017)$(31,752)$(35,846)
Translation adjustment during period(4,307)352 (4,423)2,181 
Amounts reclassified from accumulated other comprehensive loss (1)
— 2,042 — 2,042 
Translation Adjustment (4,307)2,394 (4,423)4,223 
Balance at end of period$(36,175)$(31,623)$(36,175)$(31,623)
Accumulated deferred gains (losses) on cash flow hedges:
Balance at beginning of period$686 $(1,298)$78 $(1,125)
Change in unrealized gains (losses)
1,079 (229)1,577 (783)
Amounts reclassified from accumulated other comprehensive loss:
Settlement of cash flow hedge (2)
(129)465 (19)846 
Net change in cash flow hedges, net of taxes of $243, $73, $413, $54
950 236 1,558 63 
Balance at end of period$1,636 $(1,062)$1,636 $(1,062)
Accumulated effect of retirement benefit obligations:
Balance at beginning of period$(1,846)$(2,174)$(1,875)$(2,201)
Amounts reclassified from accumulated other comprehensive loss: (3)
Amortization of actuarial loss, net of taxes29 41 58 68 
Balance at end of period$(1,817)$(2,133)$(1,817)$(2,133)
Total accumulated other comprehensive loss at end of period
$(36,356)$(34,818)$(36,356)$(34,818)
(1)Amounts are recorded in equity in earnings on the unaudited condensed 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.