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Consolidated Changes in Equity (Parenthetical) - USD ($)
$ in Thousands
12 Months Ended
Nov. 16, 2018
Dec. 31, 2019
Dec. 31, 2018
Aug. 03, 2018
Deferred income tax expense (benefit) relating to cash flow hedges included in other comprehensive income   $ (359) $ (463)  
Deferred income tax expense (benefit) related to remeasurement of defined benefit plan included in other comprehensive income   173 730  
Increase to equity attributable to non-controlling interests [1]     11,102  
Derecognition of call option redemption liability [2]     1,434  
Foreign exchange gain (loss)   790 (1,945)  
Deferred income tax expense (benefit) related to net investments in foreign operations   45 0  
Deferred income tax expense (benefit) related to cumulative translation adjustments   0 0  
Income tax expense (benefit) related to share-based compensation through deficit   (3) (126)  
Amortized cost        
Financial liabilities   $ 579,555    
Powerband Industries Private Limited        
Proportion of voting rights held by non-controlling interests 26.00%      
Extinguishment of non-controlling interest call options $ 9,900      
Derecognition of call option redemption liability     1,400  
Foreign exchange gain (loss)     1,400  
Powerband Industries Private Limited | Amortized cost | Call Options        
Financial liabilities     12,700  
Non-controlling interest        
Increase to equity attributable to non-controlling interests [1]     $ 11,102  
GPCP, Inc.        
Percentage of voting equity interests acquired       50.10%
[1] On May 11, 2018, the Company, through its partially owned subsidiary Capstone Polyweave Private Limited ("Capstone"), acquired substantially all of the assets and assumed certain liabilities of Airtrax Polymers Private Limited and on August 20, 2018, the Company acquired additional existing and newly-issued shares of Capstone as part of the same overall transaction. As a result of these transactions,and the impacts on the non-controlling interest's share of ownership, the Company recorded an $11.1 million increase to equity attributable to non-controlling interests.
[2] On November 16, 2018, the Company closed on the exercised call option to acquire the outstanding 26% interest in Powerband Industries Private Limited ("Powerband"), which resulted in the full derecognition of the previously recorded call option redemption liability. Upon derecognition of the call option redemption liability, and to account for the difference between the agreed-upon share purchase price of $9.9 million and the recorded liability of $12.7 million, a $1.4 million increase in equity was recorded on the consolidated balance sheet as of December 31, 2018 and a $1.4 million foreign exchange gain was recorded in consolidated earnings in finance costs (income) in other (income) expense, net.