Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2020

Components of and changes in accumulated other comprehensive income (loss) at June 30, 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		-		(182	)		(182	)
Amounts reclassified from accumulated other comprehensive income, net of tax of ($1)		2		-			2
Net current period other comprehensive income (loss), net of tax		2		(182	)		(180	)
Accumulated other comprehensive income (loss)	$	265	$	(20	)	$	245

Components of and changes in accumulated other comprehensive income (loss) 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

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)	These accumulated other comprehensive income (loss) components are 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.