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Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Schedule of Components of Other Comprehensive Income and Income Tax Expense Allocated to Each Component

The components of other comprehensive income and income tax expense allocated to each component for the three and nine months ended September 30, 2019 and 2018 were as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30, 2019

 

 

September 30, 2019

 

 

Before Tax

 

 

Income Tax

 

 

Net of Tax

 

 

Before Tax

 

 

Income Tax

 

 

Net of Tax

 

 

Amount

 

 

Expense

 

 

Amount

 

 

Amount

 

 

Expense

 

 

Amount

 

Translation adjustments

$

(0.4

)

 

$

 

 

$

(0.4

)

 

$

2.3

 

 

$

 

 

$

2.3

 

Adjustment for net periodic pension plan and
other postretirement benefits plan cost

 

0.4

 

 

 

0.1

 

 

 

0.3

 

 

 

1.4

 

 

 

0.4

 

 

 

1.0

 

Other comprehensive income (loss)

$

 

 

$

0.1

 

 

$

(0.1

)

 

$

3.7

 

 

$

0.4

 

 

$

3.3

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30, 2018

 

 

September 30, 2018

 

 

Before Tax

 

 

Income Tax

 

 

Net of Tax

 

 

Before Tax

 

 

Income Tax

 

 

Net of Tax

 

 

Amount

 

 

Expense

 

 

Amount

 

 

Amount

 

 

Expense

 

 

Amount

 

Translation adjustments

$

0.4

 

 

$

 

 

$

0.4

 

 

$

(2.3

)

 

$

 

 

$

(2.3

)

Adjustment for net periodic pension plan and
other postretirement benefits plan cost

 

0.6

 

 

 

0.2

 

 

 

0.4

 

 

 

1.9

 

 

 

0.5

 

 

 

1.4

 

Other comprehensive income (loss)

$

1.0

 

 

$

0.2

 

 

$

0.8

 

 

$

(0.4

)

 

$

0.5

 

 

$

(0.9

)

Schedule of Changes in Accumulated Other Comprehensive Loss

 

Accumulated other comprehensive loss by component as of December 31, 2018 and September 30, 2019 were as follows:

 

 

 

Pension and Other
Postretirement Benefits
Plan Cost

 

 

Translation
Adjustments

 

 

Total

 

Balance at December 31, 2018

$

(66.0

)

 

$

(16.7

)

 

$

(82.7

)

Other comprehensive income before reclassifications

 

0.1

 

 

 

2.3

 

 

 

2.4

 

Amounts reclassified from accumulated other
comprehensive loss

 

0.9

 

 

 

 

 

 

0.9

 

Net change in accumulated other comprehensive loss

 

1.0

 

 

 

2.3

 

 

 

3.3

 

Balance at September 30, 2019

$

(65.0

)

 

$

(14.4

)

 

$

(79.4

)

 

Accumulated other comprehensive loss by component as of December 31, 2017 and September 30, 2018 were as follows:

 

 

 

Pension and Other
Postretirement Benefits
Plan Cost

 

 

Translation
Adjustments

 

 

Total

 

Balance at December 31, 2017

$

(52.9

)

 

$

(11.7

)

 

$

(64.6

)

Other comprehensive income before reclassifications

 

 

 

 

(2.3

)

 

 

(2.3

)

Amounts reclassified from accumulated other
comprehensive loss

 

1.4

 

 

 

 

 

 

1.4

 

Net change in accumulated other comprehensive loss

 

1.4

 

 

 

(2.3

)

 

 

(0.9

)

Balance at September 30, 2018

$

(51.5

)

 

$

(14.0

)

 

$

(65.5

)

 

Reclassifications from Accumulated Other Comprehensive Loss, Amortization of Pension Plan Cost

Reclassifications from accumulated other comprehensive loss for the three and nine months ended September 30, 2019 and 2018 were as follows:  

 

 

Three Months Ended

 

 

Nine Months Ended

 

Classification in the Condensed

 

September 30,

 

 

September 30,

 

Consolidated

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Statements of Operations

Amortization of pension and other postretirement
benefits plan cost:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss

$

0.4

 

 

$

0.6

 

 

$

1.3

 

 

$

1.9

 

(a)

Reclassifications before tax

 

0.4

 

 

 

0.6

 

 

 

1.3

 

 

 

1.9

 

 

Income tax expense

 

0.1

 

 

 

0.2

 

 

 

0.4

 

 

 

0.5

 

 

Reclassifications, net of tax

$

0.3

 

 

$

0.4

 

 

$

0.9

 

 

$

1.4

 

 

 

(a)

This accumulated other comprehensive loss component is included in the calculation of net periodic pension and other postretirement benefits plan income recognized in investment and other income in the unaudited condensed consolidated statements of operations (see Note 9, Retirement Plans).