Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2022

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income [Text Block]

Note 15 – Accumulated Other Comprehensive Income

The following tables show the reclassifications from and resulting balances of accumulated other comprehensive income

(“AOCI”) for the three and nine months ended September 30, 2022 and 2021:

Defined

Unrealized

Currency

Benefit

(Loss) Gain in

Translation

Pension

Available-for-

Derivative

Adjustments

Plans

Sale Securities

Instruments

Total

Balance at June 30, 2022

$

(133,110)

$

(11,269)

$

(1,170)

$

303

$

(145,246)

Other comprehensive (loss) income before 

Reclassifications

(71,948)

453

(1,006)

(182)

(72,683)

Amounts reclassified from AOCI

—

210

(30)

—

180

Related tax amounts

—

(166)

218

42

94

Balance at September 30, 2022

$

(205,058)

$

(10,772)

$

(1,988)

$

163

$

(217,655)

Balance at June 30, 2021

$

(12,177)

$

(21,778)

$

596

$

(2,584)

$

(35,943)

Other comprehensive (loss) income before

Reclassifications

(19,905)

488

(85)

567

(18,935)

Amounts reclassified from AOCI

—

709

(176)

—

533

Related tax amounts

—

(293)

46

(131)

(378)

Balance at September 30, 2021

$

(32,082)

$

(20,874)

$

381

$

(2,148)

$

(54,723)

Defined

Unrealized

Currency

Benefit

Gain (Loss) in

Translation

Pension

Available-for-

Derivative

Adjustments

Plans

Sale Securities

Instruments

Total

Balance at December 31, 2021

$

(49,843)

$

(13,172)

$

397

$

(1,372)

$

(63,990)

Other comprehensive (loss) income before

reclassifications

(155,215)

2,535

(3,326)

1,993

(154,013)

Amounts reclassified from AOCI

—

657

306

—

963

Related tax amounts

—

(792)

635

(458)

(615)

Balance at September 30, 2022

$

(205,058)

$

(10,772)

$

(1,988)

$

163

$

(217,655)

Balance at December 31, 2020

$

(2,875)

$

(23,467)

$

3,342

$

(3,598)

$

(26,598)

Other comprehensive (loss) income before 

reclassifications

(29,207)

1,009

(489)

1,883

(26,804)

Amounts reclassified from AOCI

—

2,423

(3,259)

—

(836)

Related tax amounts

—

(839)

787

(433)

(485)

Balance at September 30, 2021

$

(32,082)

$

(20,874)

$

381

$

(2,148)

$

(54,723)

All reclassifications related to unrealized gain (loss) in available-for-sale securities relate to the Company’s equity interest in a

captive insurance company and are recorded in equity in net income of associated companies. The amounts reported in other

comprehensive income for noncontrolling interest are related to currency translation adjustments.