Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 4   Accumulated Other Comprehensive Income (Loss)

Components of and changes in accumulated other comprehensive income (loss) at March 31, 2020 are as follows:

(In thousands)	Unrecognized pension and postretirement benefits		Foreign currency			Total
Balance at beginning of period	$	263	$	162		$	425
Other comprehensive (loss) before reclassifications		-		(627	)		(627	)
Amounts reclassified from accumulated other comprehensive income, net of tax of ($1)		1		-			1
Net current period other comprehensive income (loss), net of tax		1		(627	)		(626	)
Accumulated other comprehensive income (loss)	$	264	$	(465	)	$	(201	)

Details of reclassifications out of accumulated other comprehensive income (loss) during the three months ended March 31, 2020 are immaterial.     

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		(12	)		-			(12	)
Net current period other comprehensive income (loss), net of tax		(12	)		(257	)		(269	)
Accumulated other comprehensive (loss) income	$	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 in Note 3 “Employee Benefit Plans”