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Accumulated Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Accumulated balances related to each component of accumulated other comprehensive income (loss)
The changes in accumulated other comprehensive loss by component for each of the fiscal years in the two-year period ended December 31, 2019 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, 2017
$
(17,983
)
 
$
(47,198
)
 
$
26

 
$
(65,155
)
Other comprehensive income (loss) before reclassifications
(12,505
)
 
(1,678
)
 
519

 
(13,664
)
Amounts reclassified to earnings
—

 
176

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

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

 
(78,834
)
Other comprehensive income (loss) before reclassifications
(4,990
)
 
(6,079
)
 
(1,171
)
 
(12,240
)
Amounts reclassified to earnings
—

 
44,324

 
(155
)
 
44,169

Net other comprehensive income (loss) for period
(4,990
)
 
38,245

 
(1,326
)
 
31,929

Balance as of December 31, 2019
$
(35,478
)
 
$
(10,455
)
 
$
(972
)
 
$
(46,905
)
(1) Net of taxes of $2,368, $9,984 and $9,563 for the years ended December 31, 2019, 2018 and 2017, respectively.
(2) Net of taxes of $282, ($106) and ($15) for the years ended December 31, 2019, 2018 and 2017, respectively.
Reclassification out of accumulated other comprehensive income
The impacts to the consolidated statements of operations related to items reclassified to earnings were as follows:
 
 
Years Ended December 31,
(Dollars in thousands)
Financial Statement Line Item
2019
 
2018
Amortization/settlement of pension and other postretirement benefits
 
 
 
 
 
Pension settlement charges
$
(53,213
)
 
$
—

 
Other income (expense), net(1)
(504
)
 
(227
)
 
Income tax (expense) benefit
9,393

 
51

 
Net income
$
(44,324
)
 
$
(176
)
Unrealized gains (losses) on derivative instrument(2)
 
 
 
 
 
Other income (expense), net
$
200

 
$
247

 
Income tax (expense) benefit
(45
)
 
(56
)
 
Net income
$
155

 
$
191

(1) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. For additional details, refer to “Note 11 – Pension Benefits, Other Postretirement Benefits and Employee Savings and Investment Plan.”
(2) This relates to the derivative instrument designated as a cash flow hedge and held as of the end of the year for each year presented.