Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

Summary of Accumulated Other Comprehensive (Loss)

A summary of AOCI(L) for the second quarter of 2019 and the second quarter of 2018 is as follows:

(in thousands)	March 31, 2019			Pre-tax Activity			Tax Effect			June 30, 2019
Net pension activity:
Actuarial loss	$	(72,011	)	$	900		$	(221	)	$	(71,332	)
Prior service costs		(20	)		7			(2	)		(15	)
Net postretirement benefits activity:
Actuarial loss		(4,754	)		195			(48	)		(4,607	)
Prior service costs		107			(322	)		79			(136	)
Foreign currency translation adjustment		(9	)		7			(2	)		(4	)
Reclassification of stranded tax effects		(19,720	)		-			-			(19,720	)
Total	$	(96,407	)	$	787		$	(194	)	$	(95,814	)

(in thousands)	April 1, 2018			Pre-tax Activity			Tax Effect			July 1, 2018
Net pension activity:
Actuarial loss	$	(77,915	)	$	933		$	(230	)	$	(77,212	)
Prior service costs		(39	)		6			(1	)		(34	)
Net postretirement benefits activity:
Actuarial loss		(16,922	)		499			(124	)		(16,547	)
Prior service costs		1,396			(462	)		114			1,048
Foreign currency translation adjustment		17			(12	)		3			8
Total	$	(93,463	)	$	964		$	(238	)	$	(92,737	)

A summary of AOCI(L) for the first half of 2019 and the first half of 2018 is as follows:

(in thousands)	December 30, 2018			Pre-tax Activity			Tax Effect			June 30, 2019
Net pension activity:
Actuarial loss	$	(72,690	)	$	1,801		$	(443	)	$	(71,332	)
Prior service costs		(24	)		12			(3	)		(15	)
Net postretirement benefits activity:
Actuarial loss		(4,902	)		391			(96	)		(4,607	)
Prior service costs		351			(646	)		159			(136	)
Foreign currency translation adjustment		-			(3	)		(1	)		(4	)
Reclassification of stranded tax effects		-			-			(19,720	)		(19,720	)
Total	$	(77,265	)	$	1,555		$	(20,104	)	$	(95,814	)

(in thousands)	December 31, 2017			Pre-tax Activity			Tax Effect			July 1, 2018
Net pension activity:
Actuarial loss	$	(78,618	)	$	1,866		$	(460	)	$	(77,212	)
Prior service costs		(43	)		12			(3	)		(34	)
Net postretirement benefits activity:
Actuarial loss		(17,299	)		998			(246	)		(16,547	)
Prior service costs		1,744			(924	)		228			1,048
Foreign currency translation adjustment		14			(8	)		2			8
Total	$	(94,202	)	$	1,944		$	(479	)	$	(92,737	)

Summary of Impact of Accumulated Other Comprehensive Income (Loss) on Statement of Operations

A summary of the impact of AOCI(L) on certain statements of operations line items is as follows:

	Second Quarter 2019
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment		Total
Cost of sales	$	266	$	(66	)	$	-	$	200
Selling, delivery and administrative expenses		641		(61	)		7		587
Subtotal pre-tax		907		(127	)		7		787
Income tax expense		223		(31	)		2		194
Total after tax effect	$	684	$	(96	)	$	5	$	593

	Second Quarter 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment			Total
Cost of sales	$	215	$	7	$	-		$	222
Selling, delivery and administrative expenses		724		30		(12	)		742
Subtotal pre-tax		939		37		(12	)		964
Income tax expense		231		10		(3	)		238
Total after tax effect	$	708	$	27	$	(9	)	$	726

	First Half 2019
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment			Total
Cost of sales	$	529	$	(133	)	$	-		$	396
Selling, delivery and administrative expenses		1,284		(122	)		(3	)		1,159
Subtotal pre-tax		1,813		(255	)		(3	)		1,555
Income tax expense		446		(63	)		1			384
Total after tax effect	$	1,367	$	(192	)	$	(4	)	$	1,171

	First Half 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment			Total
Cost of sales	$	431	$	13	$	-		$	444
Selling, delivery and administrative expenses		1,447		61		(8	)		1,500
Subtotal pre-tax		1,878		74		(8	)		1,944
Income tax expense		463		18		(2	)		479
Total after tax effect	$	1,415	$	56	$	(6	)	$	1,465