| Schedule of Comprehensive Income (Loss) |
Comprehensive income (loss) consists of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | | | Six Months Ended June 30, | | | | | 2020 | | 2019 | | 2020 | | 2019 | | Net income (loss) | $ | (27,400) | | | $ | 5,695 | | | $ | (21,473) | | | $ | 6,716 | | | | | | | | | | | Other comprehensive income (loss): | | | | | | | | Pension liability, net of income tax (income tax expense of $170 and $174 for the three months ended June 30, 2020 and 2019, respectively, and $340 and $347 for the six months ended June 30, 2020 and 2019, respectively) | 535 | | | 546 | | | 1,070 | | | 1,093 | | Cash flow hedging loss, net of income tax (income tax benefit of $774 and $509 for the three months ended June 30, 2020 and 2019, respectively, and $8 and $475 for the six months ended June 30, 2020 and 2019, respectively) | (2,429) | | | (1,598) | | | (24) | | | (1,492) | | | Foreign currency translation adjustment | 4,581 | | | 1,108 | | | (5,407) | | | 530 | | | | | | | | | | | Comprehensive income (loss) | $ | (24,713) | | | $ | 5,751 | | | $ | (25,834) | | | $ | 6,847 | |
|
| Schedule of Accumulated Other Comprehensive Loss |
Accumulated other comprehensive loss consists of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Cash Flow
Hedging
Gain (Loss) | | Pension
Liability | | Cumulative
Translation
Adjustments | | Accumulated
Other
Comprehensive
Income (Loss) | | Balance, December 31, 2019 | $ | 493 | | | $ | (31,691) | | | $ | (28,079) | | | $ | (59,277) | | | | | | | | | | | Other comprehensive income (loss) before reclassifications, net of tax | 770 | | | — | | | (5,407) | | | (4,637) | | Amounts reclassified from accumulated other comprehensive income (loss) before taxa | (1,048) | | | 1,410 | | | — | | | 362 | | | Income tax | 254 | | | (340) | | | — | | | (86) | | | | | | | | | | | Net current-period other comprehensive income (loss) | (24) | | | 1,070 | | | (5,407) | | | (4,361) | | | | | | | | | | | Balance, June 30, 2020 | $ | 469 | | | $ | (30,621) | | | $ | (33,486) | | | $ | (63,638) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Cash Flow
Hedging
Gain (Loss) | | Pension
Liability | | Cumulative
Translation
Adjustments | | Accumulated
Other
Comprehensive
Income (Loss) | | Balance, December 31, 2018 | $ | 4,085 | | | $ | (31,718) | | | $ | (28,104) | | | $ | (55,737) | | | | | | | | | | | Other comprehensive income (loss) before reclassifications, net of tax | 1,414 | | | — | | | 530 | | | 1,944 | | Amounts reclassified from accumulated other comprehensive income (loss) before taxa | (3,832) | | | 1,440 | | | — | | | (2,392) | | | Income tax | 926 | | | (347) | | | — | | | 579 | | | | | | | | | | | Net current-period other comprehensive income (loss) | (1,492) | | | 1,093 | | | 530 | | | 131 | | | | | | | | | | | Balance, June 30, 2019 | $ | 2,593 | | | $ | (30,625) | | | $ | (27,574) | | | $ | (55,606) | |
(a) The cash flow hedging gain (loss) and pension liability accumulated other comprehensive income (loss) components are included in sales or cost of sales and as a component of net periodic pension cost, respectively. Refer to Note 6 and Note 12, respectively, for further details.
|