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Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)

The components of Other comprehensive income (loss) are as follows:
 
For the Year Ended December 31, 2019
 
For the Year Ended December 31, 2018
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
 
(In thousands)
Cumulative translation adjustment
$
67

 
$

 
$
67

 
$
(48,114
)
 
$

 
$
(48,114
)
Pension and other postretirement adjustments
 
 
 
 
 
 
 
 
 
 
 
Net gain (loss) arising during the year
(7,432
)
 
2,497

 
(4,935
)
 
9,963

 
(2,375
)
 
7,588

Amortization/recognition of settlement loss
2,810

 
(944
)
 
1,866

 
2,938

 
(701
)
 
2,237

Pension and other postretirement adjustments
(4,622
)
 
1,553

 
(3,069
)
 
12,901

 
(3,076
)
 
9,825

Reclassification adjustments for derivatives
6,327

 
(1,445
)
 
4,882

 
6,475

 
(1,469
)
 
5,006

Total other comprehensive income (loss)
$
1,772

 
$
108

 
$
1,880

 
$
(28,738
)
 
$
(4,545
)
 
$
(33,283
)

 
For the Year Ended December 31, 2017
 
Pre-tax
 
Tax
 
Net of tax
 
(In thousands)
Foreign currency translation adjustments
 
 
 
 
 
Cumulative translation adjustment
$
110,421

 
$

 
$
110,421

Reclassification of foreign currency translation to
earnings upon sale of business
2,749

 

 
2,749

Tax effect of reversal of indefinite assertion on
certain intercompany loans
(3,932
)
 

 
(3,932
)
Foreign currency translation adjustments
109,238

 

 
109,238

Pension and other postretirement adjustments
 
 
 
 
 
Net gain (loss) arising during the year
(5,355
)
 
828

 
(4,527
)
Amortization/recognition of settlement loss
3,814

 
(589
)
 
3,225

Pension and other postretirement adjustments
(1,541
)
 
239

 
(1,302
)
Reclassification adjustments for derivatives
6,655

 
(2,445
)
 
4,210

Total other comprehensive income (loss)
$
114,352

 
$
(2,206
)
 
$
112,146



Reclassification out of Accumulated Other Comprehensive Income
Amounts reclassified from accumulated other comprehensive income (loss) to net income are summarized as follows:
 
For the Year Ended December 31,
 
 
2019
 
2018
 
2017
Income Statement Caption
Foreign currency translation:
 
 
 
 
 
 
Reclassification upon sale of business
$

 
$

 
$
2,749

Loss (gain) on sale of businesses - net
Total before tax

 

 
2,749

 
Provision for income taxes

 

 

 
Total net of tax
$

 
$

 
$
2,749

 
Pension and other postretirement plans:
 
 
 
 
 
 
Amortization of service cost
$
2,858

 
$
3,246

 
$
3,580

Other (income) expense - net
Recognition of settlement loss
(48
)
 
(308
)
 
234

Other (income) expense - net
Total before tax
2,810

 
2,938

 
3,814

 
Provision for income taxes
(944
)
 
(701
)
 
(589
)
 
Total net of tax
$
1,866

 
$
2,237

 
$
3,225

 
Derivatives:
 
 
 
 
 
 
Reclassification adjustments
$
6,327

 
$
6,475

 
$
6,655

Interest expense
Total before tax
6,327

 
6,475

 
6,655

 
Provision for income taxes
(1,445
)
 
(1,469
)
 
(2,445
)
 
Total net of tax
$
4,882

 
$
5,006

 
$
4,210