Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Changes in Accumulated Balances for Components of AOCI

The following table presents the changes in the accumulated balances for each component of “Accumulated other comprehensive income (loss)” (“AOCI”) for the period from February 6 through March 31, 2021, the period from January 1 through February 5, 2021 and the three months ended March 31, 2020. All amounts within the table are shown net of tax.


	Defined Benefit Pension Items (1)		Foreign Currency Items		Total
Balance at 12/31/2019 (Predecessor)	$	(40,635)	$	(17,754)	$	(58,389)
Activity during period:
Other comprehensive income (loss) before reclassifications	—		(2,136)		(2,136)
Amounts reclassified from AOCI	568		—		568
Net other comprehensive income (loss)	568		(2,136)		(1,568)
Balance at 3/31/2020 (Predecessor)	$	(40,067)	$	(19,890)	$	(59,957)











Balance at 12/31/2020 (Predecessor)	$	(39,737)	$	(18,275)	$	(58,012)
Activity during period:
Other comprehensive income (loss) before reclassifications	—		(116)		(116)
Amounts reclassified from AOCI	224		—		224
Net other comprehensive income (loss)	224		(116)		108
Cancellation of Predecessor equity	39,513		18,391		57,904
Balance at 2/5/2021 (Predecessor)	$	—	$	—	$	—


Balance at 2/6/2021 (Successor)	$	—	$	—	$	—
Activity during period:
Other comprehensive income (loss) before reclassifications	—		—		—
Amounts reclassified from AOCI	—		—		—
Net other comprehensive income (loss)	—		—		—
Balance at 3/31/2021 (Successor)	$	—	$	—	$	—

(1)Defined benefit pension items relate to actuarial changes and the amortization of prior service costs. Reclassifications from AOCI are recognized as expense on our Condensed Consolidated Statements of Operations through “Other income (expense).” See “Note 12— Employee Benefit Plans” for additional information.