Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2022

Net Change and Ending Balances for Various Components of Accumulated Other Comprehensive Loss

Net change and ending balances for the various components of accumulated other comprehensive loss as of and for the three months ended March 31, 2022, and 2021, are summarized below. All amounts are net of tax where applicable.

	Foreign Currency Translation			Unrecognized Employee Benefit Costs			Cash Flow Hedges			Total Accumulated Other Comprehensive Loss			Less: Noncontrolling Interest		Accumulated Other Comprehensive Loss Attributable to Ampco-Pittsburgh
Balance at January 1, 2022	$	(14,322	)	$	(40,563	)	$	277		$	(54,608	)	$	498	$	(55,106	)
Net change		(2,614	)		511			348			(1,755	)		28		(1,783	)
Balance at March 31, 2022	$	(16,936	)	$	(40,052	)	$	625		$	(56,363	)	$	526	$	(56,889	)

Balance at January 1, 2021	$	(11,371	)	$	(57,652	)	$	589		$	(68,434	)	$	261	$	(68,695	)
Net change		(856	)		419			(21	)		(458	)		34		(492	)
Balance at March 31, 2021	$	(12,227	)	$	(57,233	)	$	568		$	(68,892	)	$	295	$	(69,187	)

Line Items Affected on Consolidated Statements of Operations for Components Reclassified from Accumulated Other Comprehensive Loss

The following summarizes the line items affected on the condensed consolidated statements of operations for components reclassified from accumulated other comprehensive loss. Amounts in parentheses represent credits to net income (loss).

	Three Months Ended March 31,
	2022			2021
Amortization of unrecognized employee benefit costs:
Other income – net	$	368		$	376
Income tax provision		(3	)	$	(14	)
Net of tax	$	365		$	362
Settlements of cash flow hedges:
Depreciation and amortization (foreign currency purchase contracts)	$	(7	)	$	(7	)
Costs of products sold (excluding depreciation and amortization) (futures contracts – copper and aluminum)		(91	)		(324	)
Total before income tax		(98	)		(331	)
Income tax benefit		3			0
Net of tax	$	(95	)	$	(331	)

Summary of Income Tax Effect Associated With Various Components of Other Comprehensive Income

The income tax effect associated with the various components of other comprehensive loss for the three months ended March 31, 2022, and 2021, is summarized below. Amounts in parentheses represent credits to net income when reclassified to earnings. Certain amounts have no tax effect due to the Corporation having a valuation allowance recorded against the deferred income tax assets for the jurisdiction where the income or expense is recognized. Foreign currency translation adjustments exclude the effect of income taxes since earnings of non-U.S. subsidiaries are deemed to be reinvested for an indefinite period of time.

	Three Months Ended March 31,
	2022			2021
Income tax effect associated with changes in:
Unrecognized employee benefit costs	$	0		$	0
Fair value of cash flow hedges		14			0
Income tax effect associated with reclassification adjustments:
Amortization of unrecognized employee benefit costs		(3	)		(14	)
Settlement of cash flow hedges		3			0