ACCUMULATED OTHER COMPREHENSIVE INCOME

12 Months Ended

Dec. 31, 2019

ACCUMULATED OTHER COMPREHENSIVE INCOME

ACCUMULATED OTHER COMPREHENSIVE INCOME

NOTE 10 ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

Changes in Accumulated Other Comprehensive Income/(Loss) by Component:

	Foreign		Defined Benefit
	Currency		Pension Plans		Derivatives		Total
Balance - December 31, 2016	$	(259,888)	$	(59,775)	$	(46)	$	(319,709)
Other comprehensive income (loss) before reclassifications		74,385		(8,944)		(11,806)		53,635
Amounts reclassified from accumulated other comprehensive income (loss)		—		4,124		8,648		12,772
Net current-period other comprehensive income (loss)		74,385		(4,820)		(3,158)		66,407
Balance - December 31, 2017	$	(185,503)	$	(64,595)	$	(3,204)	$	(253,302)
Other comprehensive (loss) income before reclassifications		(62,898)		5,266		16,624		(41,008)
Amounts reclassified from accumulated other comprehensive income (loss)		—		5,524		(15,060)		(9,536)
Net current-period other comprehensive (loss) income		(62,898)		10,790		1,564		(50,544)
Reclassification of stranded tax effects		—		(6,658)		—		(6,658)
Balance - December 31, 2018	$	(248,401)	$	(60,463)	$	(1,640)	$	(310,504)
Other comprehensive (loss) income before reclassifications		(8,723)		(25,557)		8,026		(26,254)
Amounts reclassified from accumulated other comprehensive income (loss)		—		2,873		(8,063)		(5,190)
Net current-period other comprehensive (loss) income		(8,723)		(22,684)		(37)		(31,444)
Balance - December 31, 2019	$	(257,124)	$	(83,147)	$	(1,677)	$	(341,948)

Reclassifications Out of Accumulated Other Comprehensive Income/(Loss):

	Amount Reclassified from
Details about Accumulated Other	Accumulated Other						Affected Line in the Statement
Comprehensive Income Components	Comprehensive Income						Where Net Income is Presented
Year Ended December 31,	2019		2018		2017
Defined Benefit Pension Plans
Amortization of net loss	$	3,401	$	6,589	$	5,100	(1)
Amortization of prior service cost		449		720		400	(1)
		3,850		7,309		5,500	Total before tax
		(977)		(1,785)		(1,376)	Tax benefit
	$	2,873	$	5,524	$	4,124	Net of tax
Derivatives
Changes in treasury locks	$	—	$	26	$	42	Interest Expense
Changes in cross currency swap: interest component		(4,805)		(5,150)		(1,526)	Interest Expense
Changes in cross currency swap: foreign exchange component		(3,258)		(13,025)		11,911	Miscellaneous, net
		(8,063)		(18,149)		10,427	Total before tax
		—		3,089		(1,779)	Tax benefit
	$	(8,063)	$	(15,060)	$	8,648	Net of tax
Total reclassifications for the period	$	(5,190)	$	(9,536)	$	12,772

(1) These accumulated other comprehensive income components are included in the computation of total net periodic benefit costs, net of tax (see Note 9 - Retirement and Deferred Compensation Plans for additional details).