ACCUMULATED OTHER COMPREHENSIVE LOSS

12 Months Ended

Dec. 31, 2020

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS

NOTE 12—ACCUMULATED OTHER COMPREHENSIVE LOSS:

The following table sets forth information with respect to accumulated other comprehensive earnings (loss):

											Accumulated
	Foreign				Foreign				Postretirement		Other
	Currency				Currency		Commodity		and Pension		Comprehensive
	Translation		Investments		Derivatives		Derivatives		Benefits		Earnings (Loss)
Balance at December 31, 2018	$	(24,159)	$	(1,516)	$	(309)	$	(444)	$	4,206	$	(22,222)
Other comprehensive earnings (loss) before reclassifications		791		2,372		272		70		(914)		2,591
Reclassifications from accumulated other comprehensive loss		—		26		47		466		(1,153)		(614)
Other comprehensive earnings (loss) net of tax		791		2,398		319		536		(2,067)		1,977
Balance at December 31, 2019	$	(23,368)	$	882	$	10	$	92	$	2,139	$	(20,245)
Other comprehensive earnings (loss) before reclassifications		(1,213)		1,110		520		434		356		1,207
Reclassifications from accumulated other comprehensive loss		—		—		59		187		(1,023)		(777)
Other comprehensive earnings (loss) net of tax		(1,213)		1,110		579		621		(667)		430
Balance at December 31, 2020	$	(24,581)	$	1,992	$	589	$	713	$	1,472	$	(19,815)

The amounts reclassified from accumulated other comprehensive income (loss) consisted of the following:

Details about Accumulated Other	Year to Date Ended
Comprehensive Income Components	December 31, 2020		December 31, 2019		Location of (Gain) Loss Recognized in Earnings
Investments	$	-	$	34	Other income, net
Foreign currency derivatives		78		62	Other income, net
Commodity derivatives		247		615	Product cost of goods sold
Postretirement and pension benefits		(1,350)		(1,522)	Other income, net
Total before tax		(1,025)		(811)
Tax expense (benefit)		248		197
Net of tax	$	(777)	$	(614)