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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Note 4 – Accumulated Other Comprehensive Loss
The changes in accumulated other comprehensive loss by component for the years ended December 31, 2018 and 2017 were as follows:
(Dollars and accompanying footnotes in thousands)
Foreign Currency Translation Adjustments
 
Pension and Other Postretirement Benefits(1)
 
Derivative Instrument Designated as Cash Flow Hedge(2)
 
Total
Balance as of December 31, 2016
$
(46,446
)
 
$
(45,816
)
 
$
—

 
$
(92,262
)
Other comprehensive income (loss) before reclassifications
28,463

 
—

 
(6
)
 
28,457

Actuarial net loss incurred in the fiscal year
—

 
(1,481
)
 
—

 
(1,481
)
Amounts reclassified from accumulated other comprehensive loss
—

 
99

 
32

 
131

Net current-period other comprehensive income (loss)
28,463

 
(1,382
)
 
26

 
27,107

Balance as of December 31, 2017
(17,983
)
 
(47,198
)
 
26

 
(65,155
)
Other comprehensive income (loss) before reclassifications
(12,505
)
 
—

 
519

 
(11,986
)
Actuarial net loss incurred in the fiscal year
—

 
(1,678
)
 
—

 
(1,678
)
Amounts reclassified from accumulated other comprehensive loss
—

 
176

 
(191
)
 
(15
)
Net current-period other comprehensive income (loss)
(12,505
)
 
(1,502
)
 
328

 
(13,679
)
Balance as of December 31, 2018
$
(30,488
)
 
$
(48,700
)
 
$
354

 
$
(78,834
)
(1) Net of taxes of $9,984, $9,563 and $9,160 for the years ended December 31, 2018, 2017 and 2016, respectively.
(2) Net of taxes of $106, $15 and $0 for the years ended December 31, 2018, 2017 and 2016, respectively.
The impacts to the statements of operations related to reclassifications from accumulated other comprehensive loss for the years ended December 31, 2018 and 2017 were as follows:
(Dollars in thousands)
December 31, 2018
December 31, 2017
Financial Statement Line Item
Amortization of pension and other postretirement benefits
 
 
 
 
$
(227
)
$
(154
)
Other income (expense), net(1)
 
51

55

Income tax expense
 
$
(176
)
$
(99
)
Net income
 
 
 
 
Unrealized gains (losses) on derivative instruments held at year end
 
 
 
 
$
247

$
(51
)
Other income (expense), net
 
(56
)
19

Income tax expense
 
$
191

$
(32
)
Net income
(1) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. For additional details, refer to “Note 12 – Pension, Other Postretirement Benefits and Employee Savings and Investment Plans.”