Accumulated other comprehensive loss

6 Months Ended

Jun. 30, 2021

Equity [Abstract]

Accumulated other comprehensive loss

Accumulated other comprehensive loss

The following table summarizes the components of, and the changes in, Accumulated Other Comprehensive Loss (AOCL), net of tax (in thousands):

	Retirement Plans		Foreign Currency Translation		Total
Quarters Ended:
Balance at Mar. 31, 2021	$	(120,070)	$	272	$	(119,798)
Other comprehensive income before reclassifications	—		189		189
Amounts reclassified from AOCL	1,005		—		1,005
Total other comprehensive income	1,005		189		1,194
Balance at June 30, 2021	$	(119,065)	$	461	$	(118,604)
Balance at Mar. 31, 2020	$	(141,277)	$	102	$	(141,175)
Other comprehensive loss before reclassifications	—		(205)		(205)
Amounts reclassified from AOCL	1,201		—		1,201
Total other comprehensive income	1,201		(205)		996
Balance at June 30, 2020	$	(140,076)	$	(103)	$	(140,179)
	Retirement Plans		Foreign Currency Translation		Total
Six Months Ended:
Balance at Dec. 31, 2020	$	(120,979)	$	(97)	$	(121,076)
Other comprehensive income before reclassifications	—		558		558
Amounts reclassified from AOCL	1,914		—		1,914
Total other comprehensive income	1,914		558		2,472
Balance at June 30, 2021	$	(119,065)	$	461	$	(118,604)
Balance at Dec. 31, 2019	$	(142,398)	$	(199)	$	(142,597)
Other comprehensive income before reclassifications	—		96		96
Amounts reclassified from AOCL	2,322		—		2,322
Total other comprehensive income	2,322		96		2,418
Balance at June 30, 2020	$	(140,076)	$	(103)	$	(140,179)

Reclassifications from AOCL to the Consolidated Statements of Income are comprised of pension and other post-retirement components. Pension and other post retirement reclassifications are related to the amortization of prior service costs, and amortization of actuarial losses. Amounts reclassified out of AOCL are summarized below (in thousands):

	Quarter ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Amortization of prior service credit, net	$	(266)	$	(131)	$	(241)	$	(240)
Amortization of actuarial loss	1,619		1,735		2,819		3,342
Total reclassifications, before tax	1,353		1,604		2,578		3,102
Income tax effect	(348)		(403)		(664)		(780)
Total reclassifications, net of tax	$	1,005	$	1,201	$	1,914	$	2,322