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Accumulated other comprehensive loss (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of 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

 

 

Total

 

Quarters ended:

 

 

 

 

 

 

 

 

Balance as of Dec. 31, 2023

$

(120,142

)

 

$

532

 

 

$

(119,610

)

Amounts reclassified from AOCL

 

1,111

 

 

 

 

 

 

1,111

 

Total other comprehensive income

 

1,111

 

 

 

 

 

 

1,111

 

Balance as of Mar. 31, 2024

$

(119,031

)

 

$

532

 

 

$

(118,499

)

 

 

 

 

 

 

 

 

 

Balance as of Dec. 31, 2022

$

(126,065

)

 

$

532

 

 

$

(125,533

)

Amounts reclassified from AOCL

 

1,078

 

 

 

 

 

 

1,078

 

Total other comprehensive income

 

1,078

 

 

 

 

 

 

1,078

 

Balance as of Mar. 31, 2023

$

(124,987

)

 

$

532

 

 

$

(124,455

)

Schedule of Reclassification out of Accumulated Other Comprehensive Loss Amounts reclassified out of AOCL are summarized below (in thousands):

 

 

Quarter ended Mar. 31,

 

 

2024

 

 

2023

 

 

 

 

 

 

 

Amortization of prior service cost (credit), net

$

25

 

 

$

(125

)

Amortization of actuarial loss

 

1,475

 

 

 

1,575

 

Total reclassifications, before tax

 

1,500

 

 

 

1,450

 

Income tax effect

 

(389

)

 

 

(372

)

Total reclassifications, net of tax

$

1,111

 

 

$

1,078