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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Comprehensive Income (Loss) Note [Text Block]
The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the three months ended March 31, 2019:
(In thousands)
Foreign
currency
translation
adjustment
 
Gain (loss) on
derivative
financial
instruments
 
Pension and
other
post-retirement
benefit
adjustments
 
Total
Beginning balance, January 1, 2019
$
(96,940
)
 
$
(1,601
)
 
$
(81,446
)
 
$
(179,987
)
Other comprehensive income (loss) before reclassifications
(790
)
 
(1,011
)
 
—

 
(1,801
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
658

 
2,079

 
2,737

Net other comprehensive income (loss) - current period
(790
)
 
(353
)
 
2,079

 
936

Ending balance, March 31, 2019
$
(97,730
)
 
$
(1,954
)
 
$
(79,367
)
 
$
(179,051
)
    
The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the three months ended March 31, 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
1,906

 
(132
)
 
—

 
1,774

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(153
)
 
2,612

 
2,459

Net other comprehensive income (loss) - current period
1,906

 
(285
)
 
2,612

 
4,233

Ending balance, March 31, 2018
$
(84,272
)
 
$
174

 
$
(88,338
)
 
$
(172,436
)

Reclassifications of balances out of accumulated other comprehensive income (loss) into net income (loss) for the three months ended March 31, 2019 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
$
(617
)
 
Cost of sales
Foreign currency forward contracts, before taxes
(191
)
 
Selling, general & administrative
Foreign currency forward contracts, before taxes
15

 
Cost of sales
Total, before taxes
(793
)
 
 
Income tax expense (benefit)
(135
)
 
Income taxes
Total, net of tax
$
(658
)
 
 
Amortization of pension and other post-retirement benefits:
 
 
 
Actuarial gain (loss) and prior service costs, before taxes
$
(2,671
)
 
(a)
Income tax expense (benefit)
(592
)
 
Income taxes
Total, net of tax
$
(2,079
)
 
 
(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 March 31, 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
$
232

 
Cost of sales
Foreign currency forward contracts, before taxes
(41
)
 
Selling, general & administrative
Foreign currency forward contracts, before taxes
15

 
Cost of sales
Total, before taxes
206

 
 
Income tax expense (benefit)
53

 
Income taxes
Total, net of tax
$
153

 
 
Amortization of pension and other post-retirement benefits:
 
 
 
Actuarial gain (loss) and prior service costs, before taxes
$
(3,374
)
 
(a)
Income tax expense (benefit)
(762
)
 
Income taxes
Total, net of tax
$
(2,612
)
 
 
(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).
 
 
 
 
  
Cost of goods sold
The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the three months ended March 31, 2019:
(In thousands)
Foreign
currency
translation
adjustment
 
Gain (loss) on
derivative
financial
instruments
 
Pension and
other
post-retirement
benefit
adjustments
 
Total
Beginning balance, January 1, 2019
$
(96,940
)
 
$
(1,601
)
 
$
(81,446
)
 
$
(179,987
)
Other comprehensive income (loss) before reclassifications
(790
)
 
(1,011
)
 
—

 
(1,801
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
658

 
2,079

 
2,737

Net other comprehensive income (loss) - current period
(790
)
 
(353
)
 
2,079

 
936

Ending balance, March 31, 2019
$
(97,730
)
 
$
(1,954
)
 
$
(79,367
)
 
$
(179,051
)
    
The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the three months ended March 31, 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
1,906

 
(132
)
 
—

 
1,774

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(153
)
 
2,612

 
2,459

Net other comprehensive income (loss) - current period
1,906

 
(285
)
 
2,612

 
4,233

Ending balance, March 31, 2018
$
(84,272
)
 
$
174

 
$
(88,338
)
 
$
(172,436
)