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Reclassifications Out of Accumulated Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Schedule of Reclassification Adjustments and Other Activities Impacting Accumulated Other Comprehensive Income (Loss)

Reclassification adjustments and other activities impacting accumulated other comprehensive income (loss) during the year ended December 31, 2018, December 31, 2017 and December 31, 2016 are as follows:

 

 

  

Defined Benefit Pension Plans

 

  

Foreign Currency Translation Adjustments

 

  

Commodity Hedge Derivatives

 

 

Foreign Currency Hedge Derivatives

 

 

 

 

Total

 

Balance at December 31, 2017

 

$

(2,366

)

 

$

(17,555

)

 

$

277

 

 

$

(800

)

 

$

(20,444

)

Cumulative effect of accounting change due to adoption of ASU 2018-02

 

 

(49

)

 

 

—

 

 

 

9

 

 

 

—

 

 

 

 

(40

 

)

Other comprehensive income (loss) before reclassifications

 

 

18

 

 

 

(19,212

)

 

 

—

 

 

 

1,342

 

 

 

 

(17,852

 

)

Income tax effect of other comprehensive income (loss) before reclassifications

 

 

(15

)

 

 

(390

)

 

 

—

 

 

 

(337

)

 

 

 

(742

 

)

Amounts reclassified from accumulated other comprehensive income (loss) into net income

 

 

73

 

 

 

—

 

 

 

(218

 

 

)

a

 

(246

)

 

 

a

 

 

 

(391

 

 

)

Income taxes reclassified into net income

 

 

—

 

 

 

—

 

 

 

(68

)

 

 

37

 

 

 

(31

)

Net current period other comprehensive income (loss)

 

 

27

 

 

 

(19,602

)

 

 

(277

)

 

 

796

 

 

 

 

(19,056

 

)

Balance at December 31, 2018

 

$

(2,339

)

 

 

(37,157

)

 

 

—

 

 

 

(4

)

 

 

(39,500

)

 

(a)

The amounts reclassified from accumulated other comprehensive income (loss) are included in cost of sales.  See Note 12 for information related to the effect of commodity and foreign currency derivative instrument`s on our consolidated statements of income.

 

 

  

Defined Benefit Pension Plans

 

  

Foreign Currency Translation Adjustments

 

  

Commodity Hedge Derivatives

 

 

Foreign Currency Hedge Derivatives

 

 

 

 

Total

 

Balance at December 31, 2016

 

$

(2,550

)

 

$

(65,762

)

 

$

241

 

 

$

(1,020

)

 

$

(69,091

)

Other comprehensive income (loss) before reclassifications

 

 

166

 

 

 

48,059

 

 

 

254

 

 

 

2,123

 

 

 

 

50,602

 

Income tax effect of other comprehensive income (loss) before reclassifications

 

 

(60

)

 

 

148

 

 

 

(93

)

 

 

(570

)

 

 

 

(575

 

)

Amounts reclassified from accumulated other comprehensive income (loss) into net income

 

 

78

 

 

 

—

 

 

 

(199

)

a

 

(1,822

 

 

)

 

 

a

 

 

 

(1,943

 

 

)

Income taxes reclassified into net income

 

 

—

 

 

 

—

 

 

 

74

 

 

 

489

 

 

 

563

 

Net current period other comprehensive income (loss)

 

 

184

 

 

 

48,207

 

 

 

36

 

 

 

220

 

 

 

 

48,647

 

Balance at December 31, 2017

 

$

(2,366

)

 

$

(17,555

)

 

$

277

 

 

$

(800

)

 

$

(20,444

)

 

(a)

The amounts reclassified from accumulated other comprehensive income (loss) are included in cost of sales.  See Note 12 for information related to the effect of commodity and foreign currency derivative instrument`s on our consolidated statements of income.

Note 14 – Reclassifications Out of Accumulated Other Comprehensive Income (Loss) – (Continued)

 

 

  

Defined Benefit Pension Plans

 

  

Foreign Currency Translation Adjustments

 

  

Commodity Hedge Derivatives

 

 

Foreign Currency Hedge Derivatives

 

 

 

 

Total

 

Balance at December 31, 2015

 

$

(2,060

)

 

$

(49,381

)

 

$

(229

)

 

$

—

 

 

$

(51,670

)

Other comprehensive income (loss) before reclassifications

 

 

(723

)

 

 

(16,678

)

 

 

154

 

 

 

(1,351

)

 

 

 

(18,598

 

)

Income tax effect of other comprehensive income (loss) before reclassifications

 

 

185

 

 

 

297

 

 

 

(57

)

 

 

363

 

 

 

 

788

 

Amounts reclassified from accumulated other comprehensive income (loss) into net income

 

 

48

 

 

 

—

 

 

 

589

a

 

 

(44

)

 

 

a

 

 

 

593

 

Income taxes reclassified into net income

 

 

—

 

 

 

—

 

 

 

(216

)

 

 

12

 

 

 

(204

)

Net current period other comprehensive income (loss)

 

 

(490

)

 

 

(16,381

)

 

 

470

 

 

 

(1,020

)

 

 

 

(17,421

)

Balance at December 31, 2016

 

$

(2,550

)

 

$

(65,762

)

 

$

241

 

 

$

(1,020

)

 

$

(69,091

)

 

(a)

The amounts reclassified from accumulated other comprehensive income (loss) are included in cost of sales.  See Note 12 for information related to the effect of commodity and foreign currency derivative instrument`s on our consolidated statements of income.