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Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2023
Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income
Pension Benefit
20232022
Amounts Recognized in Accumulated Other Comprehensive Loss
Unrecognized prior service cost$20 $160 
Unrecognized net loss7,740 7,370 
Total accumulated other comprehensive loss recognized at December 31$7,760 $7,530 
Changes in AOCI by component for the year ended December 31, 2023 are summarized as follows, net of tax (dollars in thousands):
Defined Benefit Plans Derivative InstrumentsForeign Currency TranslationTotal
Balance, December 31, 2022$(5,380)$15,320 $(18,560)$(8,620)
Net unrealized gains (losses) arising during the period (a)
(1,040)(2,060)11,680 8,580 
Less: Net realized losses reclassified to net income (b)
(690)— — (690)
Net current-period other comprehensive income (loss)(350)(2,060)11,680 9,270 
Balance, December 31, 2023$(5,730)$13,260 $(6,880)$650 
__________________________
(a) Defined benefit plans, net of income tax of $0.4 million. See Note 16, "Employee Benefit Plans," for additional details. Derivative instruments, net of income tax of $0.7 million. See Note 12, "Derivative Instruments," for further details.
(b) Defined benefit plans, net of income tax of $0.2 million. See Note 16, "Employee Benefit Plans," for additional details.
Changes in AOCI by component for the year ended December 31, 2022, are summarized as follows, net of tax (dollars in thousands):
Defined Benefit Plans Derivative InstrumentsForeign Currency TranslationTotal
Balance, December 31, 2021$(4,830)$5,910 $(850)$230 
Net unrealized gains (losses) arising during the period (a)
(1,070)9,410 (17,710)(9,370)
Less: Net realized losses reclassified to net income (b)
(520)— — (520)
Net current-period other comprehensive income (loss)(550)9,410 (17,710)(8,850)
Balance, December 31, 2022$(5,380)$15,320 $(18,560)$(8,620)
__________________________
(a) Defined benefit plans, net of income tax of $0.3 million. See Note 16, "Employee Benefit Plans," for additional details. Derivative instruments, net of income tax expense of $3.2 million. See Note 12, "Derivative Instruments," for further details.
(b) Defined benefit plans, net of income tax of $0.2 million. See Note 16, "Employee Benefit Plans," for additional details.