Changes in Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Changes by Classification within Accumulated Other Comprehensive Income (Loss)

The following table discloses the changes by classification within accumulated other comprehensive income (loss) for the three-month and six-month periods ended June 30, 2020 and 2019:

In thousands	Foreign Currency Translation Adjustment		Defined Benefit Pension Adjustment			Gains and Losses on Cash Flow Hedges			Total Accumulated Other Comprehensive (Loss) Income
Balance at March 31, 2020	$	(27,979)	$	(2,749)		$	(4,431)		$	(35,159)
Other comprehensive income (loss)	5,146		—			(1,082)		(a)	4,064
Amounts reclassified from accumulated other comprehensive loss	—		—			397		(b)	397
Balance at June 30, 2020	$	(22,833)	$	(2,749)		$	(5,116)		$	(30,698)
Balance at December 31, 2019	(18,022)		(3,080)			(4,877)			(25,979)
Other comprehensive loss	(4,811)		—			(636)		(a)	(5,447)
Amounts reclassified from accumulated other comprehensive loss	—		331		(c)	397		(b)	728
Balance at June 30, 2020	$	(22,833)	$	(2,749)		$	(5,116)		$	(30,698)

In thousands	Foreign Currency Translation Adjustment		Defined Benefit Pension Adjustment			Gains and Losses on Cash Flow Hedges			Total Accumulated Other Comprehensive (Loss) Income
Balance at March 31, 2019	$	(18,585)	$	(22,038)		$	(2,649)		$	(43,272)
Other comprehensive income (loss)	2,457		—			(1,351)		(a)	1,106
Amounts reclassified from accumulated other comprehensive loss	—		19,159		(d)	—			19,159
Balance at June 30, 2019	$	(16,128)	$	(2,879)		$	(4,000)		$	(23,007)
Balance at December 31, 2018	(18,458)		(22,253)			(1,974)			(42,685)
Other comprehensive income (loss)	2,330		—			(2,026)		(a)	304
Amounts reclassified from accumulated other comprehensive loss	—		19,374		(d)	—			19,374
Balance at June 30, 2019	$	(16,128)	$	(2,879)		$	(4,000)		$	(23,007)

(a) Amount represents unrealized losses on the fair value of hedging activities, net of taxes, for the three-month and six-month periods ended June 30, 2020 and 2019.

(b) Amount represents the impact of de-designation of the interest rate swap agreement. This amount was $0.5 million, net of $0.1 million tax benefit, for the three-month and six-month periods ended June 30, 2020.

(c) Amount represents the settlement of the ISS Pension Plan in the first quarter of 2020. This amount was $0.4 million, net of $0.1 million tax benefit.

(d) Amount represents the settlement of the Lydall Pension Plan in the second quarter of 2019. This amount was approximately $19.0 million, net of $11.5 million tax benefit, for the three-month and six-month periods ended June 30, 2019. Amount also represents amortization of actuarial losses, a component of net periodic benefit cost during the first five months of fiscal year 2019 prior to the plan termination. This amount was $0.1 million, net of less than $0.1 million tax benefit for the three-month period ended June 30, 2019 and $0.4 million, net of $0.1 million tax benefit for the six-month period ended June 30, 2019.