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Other (Income) Expense, Net (Tables)
12 Months Ended
Dec. 31, 2019
Other Income And Expenses [Abstract]  
Schedule of Other Operating Cost and Expense, by Component

The components of other (income) expense, net, for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands):

 

 

2019

 

 

2018

 

 

2017

 

Sale of assets

 

$

(583

)

 

$

(1,078

)

 

$

(346

)

Results of non-consolidated subsidiaries

 

 

(208

)

 

 

(203

)

 

 

(332

)

Foreign exchange

 

 

1,725

 

 

 

2,598

 

 

 

951

 

Rents and royalties

 

 

(607

)

 

 

(510

)

 

 

(454

)

Employment related charges

 

 

2,998

 

 

 

 

 

 

 

Return on pension assets and other pension costs

 

 

(1,501

)

 

 

(644

)

 

 

(587

)

Acquisition-related costs

 

 

 

 

 

623

 

 

 

 

Gain on sale of business

 

 

(1,154

)

 

 

 

 

 

 

Insurance settlement

 

 

 

 

 

(707

)

 

 

 

Cost reduction and other charges

 

 

5,555

 

 

 

 

 

 

1,145

 

Other, net

 

 

(906

)

 

 

(816

)

 

 

255

 

Total Other (income) expense, net

 

$

5,319

 

 

$

(737

)

 

$

632

 

 

Foreign Currency Gains Losses By Currency

Foreign exchange gains and losses for the years ended December 31, 2019, 2018 and 2017 are summarized in the following table (in thousands):

 

(Gains) losses by currency

 

2019

 

 

2018

 

 

2017

 

Australian Dollar

 

$

158

 

 

$

183

 

 

$

12

 

British Pound

 

 

599

 

 

 

158

 

 

 

(92

)

Canadian Dollar

 

 

489

 

 

 

458

 

 

 

(62

)

Euro

 

 

469

 

 

 

208

 

 

 

1,413

 

Other currencies, net

 

 

10

 

 

 

1,591

 

 

 

(320

)

Total (gain) loss, net

 

$

1,725

 

 

$

2,598

 

 

$

951