Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2019

Components of and changes in accumulated other comprehensive income at June 30, 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 before reclassifications		-		137		137
Amounts reclassified from accumulated other comprehensive income, net of tax of $137		349		-		349
Net current period other comprehensive income, net of tax		349		137		486
Accumulated other comprehensive income	$	709	$	357	$	1,066

Components of and changes in accumulated other comprehensive income (loss) at June 30, 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		-			(387	)		(387	)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax of $1,914		5,772			-			5,772
Net current period other comprehensive income (loss), net of tax		5,772			(387	)		5,385
Accumulated other comprehensive (loss) income	$	(5,825	)	$	317		$	(5,508	)

Details of reclassifications out of accumulated other comprehensive income (loss) during the six months ended June 30, 2019 are as follows:

(In thousands)	Amount reclassified from accumulated other comprehensive income (loss)
Amortization of pension and postretirement benefits items:
Actuarial loss (1)		(40	)
Settlement expense (2)		526
Total before tax		486
Income tax		(137	)
Amount reclassified out of accumulated other comprehensive income	$	349

(1)	This accumulated other comprehensive income (loss) component is included in the computation of net periodic benefit cost in Note 3 “Employee Benefit Plans”

(2)	This accumulated other comprehensive income (loss) component resulted from an international pension plan settlement.

Details of reclassifications out of accumulated other comprehensive income (loss) during the six months ended June 30, 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)	$	(756	)
Settlement Expense (1)		8,168
Amortization of actuarial loss (1)		274
Total before tax		7,686
Income tax		(1,914	)
Amount reclassified out of accumulated other comprehensive income	$	5,772

(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”