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Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2019
Statement of Comprehensive Income [Abstract]  
Other Comprehensive Income (Loss) Accumulated Other Comprehensive Loss

Other comprehensive income (loss) components, net of income tax, are shown in the following table for the three-month periods ended March 31, 2019 and 2018:


(in thousands)
 
Changes in pension plan assets and benefit obligations
 
Unrealized net holding loss on cash flow hedge
 
Unrealized gains and losses on AFS debt securities
 
Total
Beginning balance at January 1, 2019
 
$
(29,672
)
 
$

 
$
(20,116
)
 
$
(49,788
)
 
Other comprehensive (loss) income before reclassifications
 

 
(206
)
 
14,541

 
14,335

Net current period other comprehensive (loss) income
 

 
(206
)
 
14,541

 
14,335

Ending balance at March 31, 2019
 
$
(29,672
)
 
$
(206
)
 
$
(5,575
)
 
$
(35,453
)
 
 
 
 
 
 
 
 
 
 
Beginning balance at January 1, 2018, as previously presented
 
$
(23,526
)
 
$

 
$
(2,928
)
 
$
(26,454
)
 
Cumulative effect of change in accounting principle for marketable equity securities, net of tax
 

 

 
(995
)
 
(995
)
Beginning balance at January 1, 2018, as adjusted
 
(23,526
)
 

 
(3,923
)
 
(27,449
)
 
Reclassification of disproportionate income tax effects
 
(3,175
)
 

 
(631
)
 
(3,806
)
Net current period activity
 
 
 
 
 
 
 
 
 
Other comprehensive loss before reclassifications
 

 

 
(23,410
)
 
(23,410
)
 
Amounts reclassified from accumulated other comprehensive loss
 

 

 
2,024

 
2,024

Net current period other comprehensive loss
 
$

 
$

 
$
(21,386
)
 
$
(21,386
)
Ending balance at March 31, 2018
 
$
(26,701
)
 
$

 
$
(25,940
)
 
$
(52,641
)

During the three-month period ended March 31, 2019, there were no reclassifications out of accumulated other comprehensive loss. During the three-month period ended March 31, 2018, there was $2.6 million ($2.0 million net of tax) reclassified out of accumulated other comprehensive loss due to net losses on the sale of AFS debt securities. These losses were recorded within "net loss on the sale of investment securities" on the consolidated condensed statements of income.