Other comprehensive income (loss) (Tables)

12 Months Ended

Dec. 31, 2020

Accumulated Other Comprehensive Income (Loss)

Schedule of accumulated other comprehensive income

	Changes in Accumulated Other Comprehensive Income (Loss) by Component [1]
		Years ended December 31,
(In thousands)			2020		2019		2018
Foreign currency translation	Beginning Balance	$	(56,783)	$	(49,936)	$	(43,034)
	Other comprehensive loss		(14,471)		(6,847)		(6,902)
	Net change		(14,471)		(6,847)		(6,902)
	Ending balance	$	(71,254)	$	(56,783)	$	(49,936)
Adjustment of pension and postretirement benefit plans	Beginning Balance	$	(202,816)	$	(203,836)	$	(205,408)
	Other comprehensive loss before reclassifications		(5,645)		(13,671)		(9,453)
	Amounts reclassified from accumulated other comprehensive loss for amortization of net losses		13,405		14,691		13,141
	Amounts reclassified from accumulated other comprehensive loss for amortization of prior service credit		-		-		(2,116)
	Net change		7,760		1,020		1,572
	Ending balance	$	(195,056)	$	(202,816)	$	(203,836)
Unrealized net holding gains (losses) on debt securities	Beginning Balance	$	92,155	$	(173,811)	$	(102,775)
	Other comprehensive income (loss) before reclassifications		368,780		265,950		(71,036)
	Amounts reclassified from accumulated other comprehensive income (loss) for (gains) losses on securities		(35)		16		-
	Net change		368,745		265,966		(71,036)
	Ending balance	$	460,900	$	92,155	$	(173,811)
Unrealized net holding gains on equity securities	Beginning Balance	$	-	$	-	$	605
	Reclassification to retained earnings due to cumulative effect adjustment of accounting change		-		-		(605)
	Net change		-		-		(605)
	Ending balance	$	-	$	-	$	-
Unrealized net losses on cash flow hedges	Beginning Balance	$	(2,494)	$	(391)	$	(40)
	Reclassification to retained earnings due to cumulative effect adjustment of accounting change		-		(50)		-
	Other comprehensive (loss) income before reclassifications		(6,400)		(4,439)		326
	Amounts reclassified from accumulated other comprehensive loss		4,295		2,386		(677)
	Net change		(2,105)		(2,103)		(351)
	Ending balance	$	(4,599)	$	(2,494)	$	(391)
	Total	$	189,991	$	(169,938)	$	(427,974)
[1] All amounts presented are net of tax.

Reclassification out of accumulated other comprehensive income

		Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
		Affected Line Item in the	Years ended December 31,
(In thousands)		Consolidated Statements of Operations	2020		2019		2018
Adjustment of pension and postretirement benefit plans
	Amortization of net losses	Other operating expenses	$	(21,447)	$	(23,508)	$	(21,542)
	Amortization of prior service credit	Other operating expenses		-		-		3,470
		Total before tax		(21,447)		(23,508)		(18,072)
		Income tax benefit		8,042		8,817		7,047
		Total net of tax	$	(13,405)	$	(14,691)	$	(11,025)
Unrealized holding gains (losses) on debt securities
	Realized gain (loss) on sale of debt securities	Net gain (loss) on sale of debt securities	$	41	$	(20)	$	-
		Total before tax		41		(20)		-
		Income tax (expense) benefit		(6)		4		-
		Total net of tax	$	35	$	(16)	$	-
Unrealized net losses on cash flow hedges
	Forward contracts	Mortgage banking activities	$	(5,559)	$	(3,992)	$	1,110
	Interest rate swaps	Other operating income		(820)		110		-
		Total before tax		(6,379)		(3,882)		1,110
		Income tax benefit (expense)		2,084		1,496		(433)
		Total net of tax	$	(4,295)	$	(2,386)	$	677
		Total reclassification adjustments, net of tax	$	(17,665)	$	(17,093)	$	(10,348)