Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2022

Accumulated Other Comprehensive Income (Loss).

Accumulated Other Comprehensive Income (Loss)

3. Accumulated Other Comprehensive Income (Loss)

The following items are included in accumulated other comprehensive income:

			Pension,
			Postretirement				Accumulated
			and Other Post-				Other
	Derivative		Employment		Available-for-		Comprehensive
	Instruments		Benefits		Sale Securities		Income (loss)
	(In thousands)
January 1, 2021	$	(3,891)	$	(31,459)	$	(351)	$	(35,701)
Unrealized gains (losses)		200		47,159		191		47,550
Amounts reclassified from accumulated other comprehensive income (loss)		1,928		403		(22)		2,309
Balances at December 31, 2021	$	(1,763)	$	16,103	$	(182)	$	14,158
Unrealized gains (losses)		223		61,041		(21)		61,243
Amounts reclassified from accumulated other comprehensive income (loss)		1,540		(3,111)		182		(1,389)
Tax effect		—		(12,548)		(35)		(12,583)
Balances at December 31, 2022	$	—	$	61,485	$	(56)	$	61,429

The following amounts were reclassified out of accumulated other comprehensive income (loss) during the respective periods:

	December 31,		December 31,		Line Item in the Consolidated
Details About AOCI Components	2022		2021		Statements of Operations
Interest rate hedges	$	(112)	$	(1,928)	Interest expense
Interest rate hedges (ineffective portion)		(1,428)		—	Net loss resulting from early retirement of debt
		—		—	(Benefit from) provision for income taxes
	$	(1,540)	$	(1,928)	Net of tax
Pension, postretirement and other post-employment benefits
Amortization of actuarial gains (losses), net 1	$	2,193	$	(2,361)	Non-service related pension and postretirement benefit credits (costs)
Amortization of prior service credits		147		190	Non-service related pension and postretirement benefit credits
Pension settlement		771		1,768	Non-service related pension and postretirement benefit credits
	$	3,111	$	(403)	Total before tax
		(674)		—	(Benefit from) provision for income taxes
	$	2,437	$	(403)	Net of tax
Available-for-sale securities 2	$	(182)	$	22	Interest and investment income
		39		—	(Benefit from) provision for income taxes
	$	(143)	$	22	Net of tax

¹ Production-related benefits and workers’ compensation costs are included in costs of sales.

² The gains and losses on sales of available-for-sale-securities are determined on a specific identification basis.