Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2023

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

The components that make up accumulated other comprehensive loss on the condensed consolidated balance sheets at June 30, 2023 and December 31, 2022 are as follows:


(amounts in thousands)	June 30, 2023			December 31, 2022
Foreign currency translation adjustment	$	(9,939	)	$	(10,993	)
Pension loss, net of tax of $715 in 2023 and $755 in 2022		(4,209	)		(4,313	)
Accumulated other comprehensive loss	$	(14,148	)	$	(15,306	)

During the 2023 and 2022 second quarter and year-to-date periods, actuarial losses were amortized to expense as follows:


	For the Quarter Ended						For the Two Quarters Ended
(amounts in thousands)	June 30, 2023			July 1, 2022			June 30, 2023			July 1, 2022
Amortization of actuarial losses	$	107		$	125		$	213		$	255
Income tax		(24	)		(21	)		(48	)		(42	)
Net of tax	$	83		$	104		$	165		$	213

The amortization of both prior service cost and actuarial losses, with the exception of the actuarial gains related to the post retirement benefit plan, are included in determining net periodic pension cost. See Note 9, "Deferred Compensation and Other Benefits" for additional information.