Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2020

Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive income (loss) includes the following items by components for the three and nine month periods ending September 30, 2020 and 2019 (in thousands):

	Defined Benefit Pension		Defined Benefit Post-Retirement		Foreign Currency Translation		Total
Balance as of June 30, 2019	$	(82,818)	$	(772)	$	(5)	$	(83,595)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment	—		—		(1)		(1)
Amounts reclassified from accumulated other comprehensive income:
Recognition of foreign currency loss	—		—		—		—
Actuarial costs (reclassified to salaries, wages and benefits)	3,882		43		—		3,925
Income Tax (Expense) or Benefit	(917)		(10)		—		(927)
Other comprehensive income (loss), net of tax	2,965		33		(1)		2,997
Balance as of September 30, 2019	$	(79,853)	$	(739)	$	(6)	$	(80,598)
Balance as of January 1, 2019	$	(89,042)	$	(841)	$	(1,479)	$	(91,362)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment	—		—		(12)		(12)
Amounts reclassified from accumulated other comprehensive income:
Recognition of foreign currency loss	—		—		2,253		2,253
Actuarial costs (reclassified to salaries, wages and benefits)	11,646		129		—		11,775
Income Tax Expense	(2,457)		(27)		(768)		(3,252)
Other comprehensive income, net of tax	9,189		102		1,473		10,764
Balance as of September 30, 2019	$	(79,853)	$	(739)	$	(6)	$	(80,598)

	Defined Benefit Pension		Defined Benefit Post-Retirement		Foreign Currency Translation		Total
Balance as of June 30, 2020	$	(59,700)	$	(654)	$	(12)	$	(60,366)
Amounts reclassified from accumulated other comprehensive income:
Actuarial costs (reclassified to salaries, wages and benefits)	941		31		—		972
Income Tax (Expense) or Benefit	(215)		(7)		—		(222)
Other comprehensive income (loss), net of tax	726		24		—		750
Balance as of September 30, 2020	$	(58,974)	$	(630)	$	(12)	$	(59,616)
Balance as of January 1, 2020	$	(61,152)	$	(702)	$	(12)	$	(61,866)
Amounts reclassified from accumulated other comprehensive income:
Actuarial costs (reclassified to salaries, wages and benefits)	2,823		93		—		2,916
Income Tax Expense	(645)		(21)		—		(666)
Other comprehensive income, net of tax	2,178		72		—		2,250
Balance as of September 30, 2020	$	(58,974)	$	(630)	$	(12)	$	(59,616)