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Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2024

Comprehensive Income

Schedule of comprehensive income


		Three Months Ended June 30,						Six Months Ended June 30,
		2024			2023			2024			2023

		(Dollars in thousands)
Net earnings		$	5,607		$	4,864		$	12,257		$	12,309
Foreign currency translation adjustments			61			262			(1,031)			(44)
Pension liability adjustment, net of tax of $26, $30, $52, and $65, respectively			73			84			146			183
Total comprehensive income		$	5,741		$	5,210		$	11,372		$	12,448

Schedule of accumulated other comprehensive loss


		June 30,			December 31,
		2024			2023

		(Dollars in thousands)
Foreign currency translation adjustments		$	(8,985)		$	(7,954)
Pension liability, net of tax			(9,211)			(9,357)
Total accumulated other comprehensive loss		$	(18,196)		$	(17,311)

Schedule of changes in accumulated other comprehensive loss


		Foreign Currency
		Translation			Defined Benefit
		Adjustments			Pension Items			Total
Balance, December 31, 2023		$	(7,954)		$	(9,357)		$	(17,311)
Other comprehensive loss before reclassifications			(1,031)			—			(1,031)
Amounts reclassified from accumulated other comprehensive loss			—			146			146
Net current period other comprehensive (loss) income			(1,031)			146			(885)
Balance, June 30, 2024		$	(8,985)		$	(9,211)		$	(18,196)


		Foreign Currency
		Translation			Defined Benefit
		Adjustments			Pension Items			Total
Balance, December 31, 2022		$	(8,596)		$	(11,597)		$	(20,193)
Other comprehensive loss before reclassifications			(44)			—			(44)
Amounts reclassified from accumulated other comprehensive loss			—			183			183
Net current period other comprehensive (loss) income			(44)			183			139
Balance, June 30, 2023		$	(8,640)		$	(11,414)		$	(20,054)

Schedule of reclassification adjustments out of accumulated other comprehensive loss



		Amounts Reclassified from Accumulated Other Comprehensive Loss													Affected line item in the
		Three Months Ended June 30,							Six Months Ended June 30,						statement where net
		2024			2023				2024			2023			earnings is presented
Amortization of defined benefit pension items
Prior service cost		$	5	⁽¹⁾	$	5	⁽¹⁾		$	10	⁽¹⁾	$	10	⁽¹⁾	Other expense, net
Actuarial losses			94	⁽¹⁾		109	⁽¹⁾			188	⁽¹⁾		238	⁽¹⁾	Other expense, net
Total before tax			99			114				198			248
Tax benefit			(26)			(30)				(52)			(65)
Net of tax		$	73		$	84			$	146		$	183

(1)

These amounts were included in the computation of pension expense. See Note 7 for additional details.