Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2019

Note 4 Accumulated Other Comprehensive Income (Loss)

Components of and changes in accumulated other comprehensive income (loss) at March 31, 2019 are as follows:

(In thousands)	Unrecognized pension and postretirement benefits			Foreign currency			Total
Balance at beginning of period	$	360		$	220		$	580
Other comprehensive income (loss) before reclassifications		-			(257	)		(257	)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax of $4 thousand		(12	)		-			(12	)
Net current period other comprehensive income (loss), net of tax		(12	)		(257	)		(269	)
Accumulated other comprehensive income (loss)	$	348		$	(37	)	$	311

Details of reclassifications out of accumulated other comprehensive income (loss) during the three months ended March 31, 2019 are as follows:

(In thousands)	Amount reclassified from accumulated other comprehensive income (loss)
Amortization of pension and postretirement benefits items:
Prior service benefit (1)	$	(25	)
Actuarial loss (1)		9
Total before tax		(16	)
Income tax		4
Amount reclassified out of accumulated other comprehensive loss	$	(12	)

(1)	These accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit cost (income) in Note 3 “Employee Benefit Plans.”

Components of and changes in accumulated other comprehensive income (loss) at March 31, 2018 are as follows:

(In thousands)	Unrecognized pension and postretirement benefits			Foreign currency		Total
Balance at beginning of period	$	(11,597	)	$	704	$	(10,893	)
Other comprehensive income (loss) before reclassifications		-			421		421
Amounts reclassified from accumulated other comprehensive income (loss), net of tax of $21 thousand		61			-		61
Net current period other comprehensive income (loss), net of tax		61			421		482
Accumulated other comprehensive income (loss)	$	(11,536	)	$	1,125	$	(10,411	)

Details of reclassifications out of accumulated other comprehensive income (loss) during the three months ended March 31, 2018 are as follows:

(In thousands)	Amount reclassified from accumulated other comprehensive income (loss)
Amortization of pension and postretirement benefits items:
Prior service benefit (1)	$	(6	)
Amortization of actuarial loss (1)		88
Total before tax		82
Income tax		(21	)
Amount reclassified out of accumulated other comprehensive income	$	61

(1)	These accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit cost (income) in Note 3 “Employee Benefit Plans.”