| Schedule of changes in the components of AOCI and related tax effects |
The following table summarizes the change in the components of the Company’s AOCI balance and related tax effects for the three months ended June 30, 2025: | | | | | | | | | | | | | | | Currency | | Pension | | Unrealized | | | | | | Translation | | Liability | | (Losses) Gains | | | | | | Adjustment | | (Asset) | | on Derivatives | | Total | Beginning balance, gross | | $ | (179,155) | | $ | (855) | | $ | (386) | | $ | (180,396) | Tax liability | | | — | | | 214 | | | 87 | | | 301 | Beginning balance, net of tax | | | (179,155) | | | (641) | | | (299) | | | (180,095) | Other comprehensive income (loss) before reclassifications | | | 21,457 | | | (139) | | | (158) | | | 21,160 | Amounts reclassified from accumulated other comprehensive income (loss) | | | — | | | 10 | | | (839) | | | (829) | Tax effects | | | — | | | 32 | | | 229 | | | 261 | Net current-period other comprehensive income (loss) | | | 21,457 | | | (97) | | | (768) | | | 20,592 | Total | | $ | (157,698) | | $ | (738) | | $ | (1,067) | | $ | (159,503) |
The following table summarizes the change in the components of the Company’s AOCI balance and related tax effects for the six months ended June 30, 2025: | | | | | | | | | | | | | | | Currency | | | | | Unrealized | | | | | | Translation | | Pension | | (Losses) Gains | | | | | | Adjustment | | Liability | | on Derivatives | | Total | Beginning balance, gross | | $ | (179,886) | | $ | (739) | | $ | 2,632 | | $ | (177,993) | Tax liability | | | — | | | 186 | | | (640) | | | (454) | Beginning balance, net of tax | | | (179,886) | | | (553) | | | 1,992 | | | (178,447) | Other comprehensive income (loss) before reclassifications | | | 22,188 | | | (265) | | | (2,194) | | | 19,729 | Amounts reclassified from accumulated other comprehensive income (loss) | | | — | | | 20 | | | (1,821) | | | (1,801) | Tax effects | | | — | | | 60 | | | 956 | | | 1,016 | Net current-period other comprehensive income (loss) | | | 22,188 | | | (185) | | | (3,059) | | | 18,944 | Total | | $ | (157,698) | | $ | (738) | | $ | (1,067) | | $ | (159,503) |
The following table summarizes the change in the components of the Company’s AOCI balance and related tax effect for the three months ended June 30, 2024: | | | | | | | | | | | | | | | Currency | | | | | Unrealized | | | | | | Translation | | Pension | | (Losses) Gains | | | | | | Adjustment | | Liability | | on Derivatives | | Total | Beginning balance, gross | | $ | (153,278) | | $ | 1,417 | | $ | 8,335 | | $ | (143,526) | Tax liability | | | — | | | (339) | | | (2,096) | | | (2,435) | Beginning balance, net of tax | | | (153,278) | | | 1,078 | | | 6,239 | | | (145,961) | Other comprehensive income (loss) before reclassifications | | | (4,298) | | | (94) | | | 431 | | | (3,961) | Amounts reclassified from accumulated other comprehensive income (loss) | | | — | | | (54) | | | (1,071) | | | (1,125) | Tax effects | | | — | | | 36 | | | 151 | | | 187 | Net current-period other comprehensive income (loss) | | | (4,298) | | | (112) | | | (489) | | | (4,899) | Total | | $ | (157,576) | | $ | 966 | | $ | 5,750 | | $ | (150,860) |
The following table summarizes the change in the components of the Company’s AOCI balance and related tax effect for the six months ended June 30, 2024: | | | | | | | | | | | | | | | Currency | | | | | Unrealized | | | | | | Translation | | Pension | | (Losses) Gains | | | | | | Adjustment | | Liability | | on Derivatives | | Total | Beginning balance, gross | | $ | (142,798) | | $ | 1,559 | | $ | 5,677 | | $ | (135,562) | Tax liability | | | — | | | (373) | | | (1,373) | | | (1,746) | Beginning balance, net of tax | | | (142,798) | | | 1,186 | | | 4,304 | | | (137,308) | Other comprehensive income (loss) before reclassifications | | | (14,778) | | | (182) | | | 3,306 | | | (11,654) | Amounts reclassified from accumulated other comprehensive income (loss) | | | — | | | (108) | | | (1,288) | | | (1,396) | Tax effects | | | — | | | 70 | | | (572) | | | (502) | Net current-period other comprehensive income (loss) | | | (14,778) | | | (220) | | | 1,446 | | | (13,552) | Total | | $ | (157,576) | | $ | 966 | | $ | 5,750 | | $ | (150,860) |
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