XML 43 R24.htm IDEA: XBRL DOCUMENT v3.20.1
ACCUMULATED OTHER COMPREHENSIVE LOSS
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS
ACCUMULATED OTHER COMPREHENSIVE LOSS
A summary of changes in accumulated other comprehensive loss included within shareholders’ equity is as follows (in thousands):
 
Twelve Months Ended
December 31, 2019
 
Twelve Months Ended
December 31, 2018
 
Foreign
Currency
Translation
Adjustments
 
Foreign
Currency
Hedge
 
Defined benefit pension plans
 
Tax
Provision
 
Total
 
Foreign
Currency
Translation
Adjustments
 
Foreign
Currency
Hedge
 
Defined benefit pension plans
 
Tax
Provision
 
Total
Balance at beginning of year
$
(30,607
)
 
$
3,904

 
$
(7,859
)
 
$
170

 
$
(34,392
)
 
$
(21,366
)
 
$
3,246

 
$
(7,221
)
 
$
5,545

 
$
(19,796
)
Other comprehensive income (loss)
3,865

 
282

 
(162
)
 
217

 
4,202

 
(9,241
)
 
658

 
(638
)
 
(3,045
)
 
(12,266
)
Adoption of new accounting principle

 

 

 

 

 

 

 

 
(2,330
)
 
(2,330
)
Balance at end of year
$
(26,742
)
 
$
4,186

 
$
(8,021
)
 
$
387

 
$
(30,190
)
 
$
(30,607
)
 
$
3,904

 
$
(7,859
)
 
$
170

 
$
(34,392
)
The following table represents the related tax effects allocated to each component of other comprehensive income (loss) (in thousands):
 
Twelve Months Ended December 31,
 
2019
 
2018
 
2017
 
Gross
Amount
 
Tax
Effect
 
Net
Amount
 
Gross
Amount
 
Tax
Effect
 
Net
Amount
 
Gross
Amount
 
Tax
Effect
 
Net
Amount
Foreign currency translation adjustments
$
3,865

 
$
393

 
$
4,258

 
$
(9,241
)
 
$
(2,923
)
 
$
(12,164
)
 
$
10,607

 
$
(2,919
)
 
$
7,688

Foreign currency hedge
282

 
(69
)
 
213

 
658

 
(162
)
 
496

 
(1,802
)
 
688

 
(1,114
)
Defined benefit pension plans
(162
)
 
(107
)
 
(269
)
 
(638
)
 
40

 
(598
)
 
3,297

 
(667
)
 
2,630

Total
$
3,985

 
$
217

 
$
4,202

 
$
(9,221
)
 
$
(3,045
)
 
$
(12,266
)
 
$
12,102

 
$
(2,898
)
 
$
9,204