| Schedule of Reclassification Adjustments and Other Activities Impacting Accumulated Other Comprehensive Income (Loss) |
Reclassification adjustments and other activities impacting accumulated other comprehensive income (loss) during the three and six months ended June 30, 2025 and 2024 were as follows:
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Defined
Benefit
Pension
Plans |
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|
Foreign
Currency
Translation
Adjustments |
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|
Cash Flow
Hedge
Derivatives |
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|
Total |
|
Balance at March 31, 2025 |
|
$ |
(1,838 |
) |
|
$ |
(54,668 |
) |
|
$ |
(375 |
) |
|
$ |
(56,881 |
) |
Other comprehensive income before reclassifications |
|
|
— |
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|
|
54,623 |
|
|
|
5,634 |
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|
|
60,257 |
|
Income tax effect of other comprehensive income before reclassifications |
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|
— |
|
|
|
— |
|
|
|
(1,212 |
) |
|
|
(1,212 |
) |
Amounts reclassified from accumulated other comprehensive income (loss) into net income |
|
|
20 |
|
|
|
— |
|
|
|
(207 |
) |
a |
|
(187 |
) |
Income taxes reclassified into net income |
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|
(5 |
) |
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|
— |
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|
33 |
|
|
|
28 |
|
Net current period other comprehensive income |
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|
15 |
|
|
|
54,623 |
|
|
|
4,248 |
|
|
|
58,886 |
|
Balance at June 30, 2025 |
|
$ |
(1,823 |
) |
|
$ |
(45 |
) |
|
$ |
3,873 |
|
|
$ |
2,005 |
|
(a)The amounts reclassified from accumulated other comprehensive income (loss) were included in cost of sales in the consolidated condensed statements of income.
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|
Defined
Benefit
Pension
Plans |
|
|
Foreign
Currency
Translation
Adjustments |
|
|
Cash Flow
Hedge
Derivatives |
|
|
Total |
|
Balance at March 31, 2024 |
|
$ |
(997 |
) |
|
$ |
(49,212 |
) |
|
$ |
5,014 |
|
|
$ |
(45,195 |
) |
Other comprehensive (loss) income before reclassifications |
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|
— |
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|
|
(4,970 |
) |
|
|
(3,690 |
) |
|
|
(8,660 |
) |
Income tax effect of other comprehensive (loss) income before reclassifications |
|
|
— |
|
|
|
360 |
|
|
|
804 |
|
|
|
1,164 |
|
Amounts reclassified from accumulated other comprehensive loss into net income |
|
|
24 |
|
|
|
— |
|
|
|
(3,870 |
) |
a |
|
(3,846 |
) |
Income taxes reclassified into net income |
|
|
(5 |
) |
|
|
— |
|
|
|
843 |
|
|
|
838 |
|
Net current period other comprehensive income (loss) |
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|
19 |
|
|
|
(4,610 |
) |
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|
(5,913 |
) |
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|
(10,504 |
) |
Balance at June 30, 2024 |
|
$ |
(978 |
) |
|
$ |
(53,822 |
) |
|
$ |
(899 |
) |
|
$ |
(55,699 |
) |
(a)The amounts reclassified from accumulated other comprehensive income (loss) were included in cost of sales in the consolidated condensed statements of income.
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|
Defined
Benefit
Pension
Plans |
|
|
Foreign
Currency
Translation
Adjustments |
|
|
Cash Flow
Hedge
Derivatives |
|
|
Total |
|
Balance at December 31, 2024 |
|
$ |
(1,851 |
) |
|
$ |
(80,096 |
) |
|
$ |
(3,246 |
) |
|
$ |
(85,193 |
) |
Other comprehensive income before reclassifications |
|
|
— |
|
|
|
80,051 |
|
|
|
9,187 |
|
|
|
89,238 |
|
Income tax effect of other comprehensive income before reclassifications |
|
|
— |
|
|
|
— |
|
|
|
(1,949 |
) |
|
|
(1,949 |
) |
Amounts reclassified from accumulated other comprehensive income (loss) into net income |
|
|
38 |
|
|
|
— |
|
|
|
(133 |
) |
a |
|
(95 |
) |
Income taxes reclassified into net income |
|
|
(10 |
) |
|
|
— |
|
|
|
14 |
|
|
|
4 |
|
Net current period other comprehensive income |
|
|
28 |
|
|
|
80,051 |
|
|
|
7,119 |
|
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|
87,198 |
|
Balance at June 30, 2025 |
|
$ |
(1,823 |
) |
|
$ |
(45 |
) |
|
$ |
3,873 |
|
|
$ |
2,005 |
|
(a)The amounts reclassified from accumulated other comprehensive income (loss) were included in cost of sales in the consolidated condensed statements of income.
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Defined
Benefit
Pension
Plans |
|
|
Foreign
Currency
Translation
Adjustments |
|
|
Cash Flow
Hedge
Derivatives |
|
|
Total |
|
Balance at December 31, 2023 |
|
$ |
(1,011 |
) |
|
$ |
(34,830 |
) |
|
$ |
5,681 |
|
|
$ |
(30,160 |
) |
Other comprehensive (loss) income before reclassifications |
|
|
— |
|
|
|
(19,245 |
) |
|
|
(194 |
) |
|
|
(19,439 |
) |
Income tax effect of other comprehensive (loss) income before reclassifications |
|
|
— |
|
|
|
253 |
|
|
|
42 |
|
|
|
295 |
|
Amounts reclassified from accumulated other comprehensive loss into net income |
|
|
45 |
|
|
|
— |
|
|
|
(8,219 |
) |
a |
|
(8,174 |
) |
Income taxes reclassified into net income |
|
|
(12 |
) |
|
|
— |
|
|
|
1,791 |
|
|
|
1,779 |
|
Net current period other comprehensive income (loss) |
|
|
33 |
|
|
|
(18,992 |
) |
|
|
(6,580 |
) |
|
|
(25,539 |
) |
Balance at June 30, 2024 |
|
$ |
(978 |
) |
|
$ |
(53,822 |
) |
|
$ |
(899 |
) |
|
$ |
(55,699 |
) |
(a)The amounts reclassified from accumulated other comprehensive income (loss) were included in cost of sales in the consolidated condensed statements of income.
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