Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2021

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

NOTE 14. ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive loss, net of tax, consisted of the following as of September 30, 2021 and December 31, 2020 (dollars in thousands):

	September 30, 2021		December 31, 2020
Unfunded benefit obligation for pensions and other postretirement benefit plans -    net of taxes of $3,575 and $3,822, respectively	$	13,451	$	14,378

The following table details the reclassifications out of accumulated other comprehensive loss to net income by component for the three and nine months ended September 30 (dollars in thousands):

	Amounts Reclassified from Accumulated Other Comprehensive Loss
	Three months ended September 30,						Nine months ended September 30,
Details about Accumulated Other Comprehensive Loss Components (Affected Line Item in Statement of Income)	2021			2020			2021			2020
Amortization of defined benefit pension and postretirement benefit items
Amortization of net prior service cost (a)	$	(200	)	$	(200	)	$	(600	)	$	(600	)
Amortization of net loss (a)		2,369			3,120			8,299			9,341
Adjustment due to effects of regulation (a)		(1,784	)		(2,642	)		(6,525	)		(7,925	)
Total before tax (b)		385			278			1,174			816
Tax expense (b)		(81	)		(58	)		(247	)		(171	)
Net of tax (b)	$	304		$	220		$	927		$	645

(a)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 6 for additional details).

(b)Description is also the affected line item on the Condensed Consolidated Statement of Income.