XML 39 R28.htm IDEA: XBRL DOCUMENT v3.21.2
COMPREHENSIVE INCOME
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
COMPREHENSIVE INCOME COMPREHENSIVE INCOME
Gains and losses deferred in accumulated other comprehensive income (loss) ("AOCI") are generally reclassified and recognized in the Condensed Consolidated Statements of Operations once they are realized. The changes in the components of AOCI, net of tax, for the first two quarters of 2021 and 2020 were as follows:
(in thousands)Currency translation
loss
Net unrecognized loss related to benefit plans
(net of tax)
Total
Balance at December 31, 2020$(47,575)$(4,815)$(52,390)
Other comprehensive loss before reclassifications(70)— (70)
Reclassified from AOCI to net income (loss)(4,512)198 (4,314)
Net other comprehensive (loss) income(4,582)198 (4,384)
Balance at March 31, 2021$(52,157)$(4,617)$(56,774)
Other comprehensive loss before reclassifications(1,478)— (1,478)
Reclassified from AOCI to net income— 198 198 
Net other comprehensive (loss) income(1,478)198 (1,280)
Balance at June 30, 2021$(53,635)$(4,419)$(58,054)

(in thousands)Currency translation
gain
Net unrecognized loss related to benefit plans
(net of tax)
Total
Balance at December 31, 2019$5,743 $(3,817)$1,926 
Other comprehensive income before reclassifications2,380 — 2,380 
Reclassified from AOCI to net loss— (246)(246)
Net other comprehensive income (loss)2,380 (246)2,134 
Balance at March 31, 2020$8,123 $(4,063)$4,060 
Other comprehensive loss before reclassifications(4,095)— (4,095)
Reclassified from AOCI to net loss— (246)(246)
Net other comprehensive loss(4,095)(246)(4,341)
Balance at June 30, 2020$4,028 $(4,309)$(281)

The amounts reclassified out of AOCI by component and the affected Condensed Consolidated Statements of Operations line items are as follows (in thousands):
AOCI componentLine items in the Condensed Consolidated Statements of Operations affected by reclassifications from AOCI Three months ended June 30,Six months ended June 30,
2021202020212020
Release of currency translation adjustment with the sale of businessLoss on sale of business$— $— $4,512 $— 
Amortization of prior service cost on benefit obligationsBenefit plans, net(198)246 (396)492 
Net (loss) income$(198)$246 $4,116 $492