Note K - Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

Note K — Comprehensive income (loss)

Comprehensive income (loss) for a period encompasses net income (loss) and all other changes in equity other than from transactions with our stockholders. Our comprehensive income (loss) was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
In thousands	2020			2019			2020			2019
Net loss	$	(6,235	)	$	(3,803	)	$	(1,117	)	$	(17,330	)
Other comprehensive income (loss):
Adjustment to pension liability		812			732			1,624			1,465
Tax expense		(203	)		(183	)		(406	)		(366	)
		609			549			1,218			1,099
Foreign currency translation adjustment, net of tax		496			377			(62	)		349
Adoption of ASU 2018-2		—			—			—			(11,355	)
Total other comprehensive income (loss), net of tax		1,105			926			1,156			(9,907	)
Total comprehensive income (loss)	$	(5,130	)	$	(2,877	)	$	39		$	(27,237	)

Changes in accumulated other comprehensive loss by component were as follows:

	Defined Benefit			Foreign Currency
In thousands	Pension Items			Items			Total
Balance at December 31, 2019	$	(63,887	)	$	753		$	(63,134	)
Other comprehensive loss, net of tax, before reclassifications		—			(62	)		(62	)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax, to other, net, on the condensed consolidated statements of comprehensive income		1,218			—			1,218
Net current period other comprehensive income (loss), net of tax		1,218			(62	)		1,156
Balance at June 30, 2020	$	(62,669	)	$	691		$	(61,978	)

	Defined Benefit			Foreign Currency
In thousands	Pension Items			Items		Total
Balance at December 31, 2018	$	(46,584	)	$	101	$	(46,483	)
Other comprehensive loss, net of tax, before reclassifications		—			349		349
Amounts reclassified from accumulated other comprehensive income (loss), net of tax, to other, net, on the condensed consolidated statements of comprehensive loss		1,099			—		1,099
Adoption of ASU 2018-02		(11,355	)		—		(11,355	)
Net current period other comprehensive income (loss), net of tax		(10,256	)		349		(9,907	)
Balance at June 30, 2019	$	(56,840	)	$	450	$	(56,390	)

Reclassification amounts related to the defined pension plans are included in the computation of net periodic pension benefit cost (see Note H,

Components of Net Periodic Benefit Cost

).