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Accumulated Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 30, 2018
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule Of After-Tax Changes In Accumulated Other Comprehensive Income (Loss)
The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2018:
(In thousands)
Foreign
currency
translation
adjustment
 
Gain (loss) on
derivative
financial
instruments
 
Pension and
other
post-retirement
benefit
adjustments
 
Total
Beginning balance, January 1, 2018
$
(86,178
)
 
$
459

 
$
(90,950
)
 
$
(176,669
)
Other comprehensive income (loss) before reclassifications
(8,905
)
 
(829
)
 
—

 
(9,734
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(361
)
 
5,223

 
4,862

Net other comprehensive income (loss) - current period
(8,905
)
 
(1,190
)
 
5,223

 
(4,872
)
Ending balance, June 30, 2018
$
(95,083
)
 
$
(731
)
 
$
(85,727
)
 
$
(181,541
)
    
The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2017:
(In Thousands)
Foreign
currency
translation
adjustment
 
Gain (loss) on
derivative
financial
instruments
 
Pension and
other
post-retirement
benefit
adjustments
 
Total
Beginning balance, January 1, 2017
$
(93,970
)
 
$
863

 
$
(90,127
)
 
$
(183,234
)
Other comprehensive income (loss) before reclassifications
2,674

 
335

 
—

 
3,009

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(373
)
 
3,900

 
3,527

Net other comprehensive income (loss) - current period
2,674

 
(38
)
 
3,900

 
6,536

Ending balance, June 30, 2017
$
(91,296
)
 
$
825

 
$
(86,227
)
 
$
(176,698
)
Schedule Of Reclassifications Of Balances Out Of Accumulated Other Comprehensive Income (Loss) Into Net Income
(In Thousands)
Amount
reclassified from
other
comprehensive
income (loss)
 
Location of gain
(loss) reclassified
from accumulated
other
comprehensive
income (loss) to net
income (loss)
Gain (loss) on derivative financial instruments:
 
 
 
Aluminum future contracts, before taxes
$
712

 
Cost of sales
Foreign currency forward contracts, before taxes
(378
)
 
Selling, general & administrative
Foreign currency forward contracts, before taxes
16

 
Cost of sales
Total, before taxes
350

 
 
Income tax expense (benefit)
142

 
Income taxes
Total, net of tax
$
208

 
 
Amortization of pension and other post-retirement benefits:
 
 
 
Actuarial gain (loss) and prior service costs, before taxes
$
(3,372
)
 
(a)
Income tax expense (benefit)
(761
)
 
Income taxes
Total, net of tax
$
(2,611
)
 
 
(a) This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost (see Note 9 for additional detail).
Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the six months ended June 30, 2018 are summarized as follows:
(In thousands)
Amount
reclassified from
other
comprehensive
income (loss)
 
Location of gain
(loss) reclassified
from accumulated
other
comprehensive
income (loss) to net
income (loss)
Gain (loss) on derivative financial instruments:
 
 
 
Aluminum future contracts, before taxes
$
944

 
Cost of sales
Foreign currency forward contracts, before taxes
(419
)
 
Selling, general & administrative
Foreign currency forward contracts, before taxes
31

 
Cost of sales
Total, before taxes
556

 
 
Income tax expense (benefit)
195

 
Income taxes
Total, net of tax
$
361

 
 
Amortization of pension and other post-retirement benefits:
 
 
 
Actuarial gain (loss) and prior service costs, before taxes
$
(6,746
)
 
(a)
Income tax expense (benefit)
(1,523
)
 
Income taxes
Total, net of tax
$
(5,223
)
 
 
(a)
This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost (see Note 9 for additional detail).

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended June 30, 2017 are summarized as follows:
(In Thousands)
Amount
reclassified from
other
comprehensive
income (loss)
 
Location of gain
(loss) reclassified
from accumulated
other
comprehensive
income (loss) to net
income (loss)
Gain (loss) on derivative financial instruments:
 
 
 
Aluminum future contracts, before taxes
$
321

 
Cost of sales
Foreign currency forward contracts, before taxes
16

 
Cost of sales
Total, before taxes
337

 
 
Income tax expense (benefit)
125

 
Income taxes
Total, net of tax
$
212

 
 
Amortization of pension and other post-retirement benefits:
 
 
 
Actuarial gain (loss) and prior service costs, before taxes
$
(3,061
)
 
(a)
Income tax expense (benefit)
(1,111
)
 
Income taxes
Total, net of tax
$
(1,950
)
 
 
(a)
This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost (see Note 9 for additional detail).
Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the six months ended June 30, 2017 are summarized as follows:
(In thousands)
Amount
reclassified from
other
comprehensive
income (loss)
 
Location of gain
(loss) reclassified
from accumulated
other
comprehensive
income (loss) to net
income (loss)
Gain (loss) on derivative financial instruments:
 
 
 
Aluminum future contracts, before taxes
$
554

 
Cost of sales
Foreign currency forward contracts, before taxes
31

 
Cost of sales
Total, before taxes
585

 
 
Income tax expense (benefit)
212

 
Income taxes
Total, net of tax
$
373

 
 
Amortization of pension and other post-retirement benefits:
 
 
 
Actuarial gain (loss) and prior service costs, before taxes
$
(6,122
)
 
(a)
Income tax expense (benefit)
(2,222
)
 
Income taxes
Total, net of tax
$
(3,900
)
 
 
(a)
This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost (see Note 9 for additional detail).