Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2025

The after-tax changes in accumulated other comprehensive income (loss), are as follows:


	Foreign currency translation adjustment		Pension and post-retirement benefits plans		Derivative instruments		Accumulated other comprehensive income (loss)
Balance - December 31, 2024	$	(30,662)	$	(11,459)	$	(1,222)	$	(43,343)
Net current period change	8,366		(76)		4,174		12,464
Amounts reclassified into earnings	—		109		1,801		1,910

Balance - June 30, 2025	$	(22,296)	$	(11,426)	$	4,753	$	(28,969)


	Foreign currency translation adjustment		Pension and post-retirement benefit plans		Derivative instruments		Accumulated other comprehensive income (loss)
Balance - December 31, 2023	$	(23,227)	$	(11,896)	$	4,839	$	(30,284)
Net current period change	(3,856)		(1,071)		(145)		(5,072)
Amounts reclassified into earnings	—		213		(1,798)		(1,585)

Balance - June 30, 2024	$	(27,083)	$	(12,754)	$	2,896	$	(36,941)

The related tax effects allocated to each component of other comprehensive income (loss) are as follows:



	Three Months Ended June 30, 2025						Six Months Ended June 30, 2025
	Before Tax Amount		Tax Expense		After Tax Amount		Before Tax Amount		Tax Expense		After Tax Amount
Net current period change
Cumulative translation adjustment	$	5,771	$	—	$	5,771	$	8,366	$	—	$	8,366
Net actuarial gain (loss) and prior service credit	77		—		77		(76)		—		(76)
Derivative instruments	3,738		—		3,738		4,978		(804)		4,174
Net unrealized gain (loss)	9,586		—		9,586		$	13,268	$	(804)	$	12,464
Amounts reclassified into earnings:
Actuarial gain and prior service cost	6		—		6		$	109	$	—	$	109
Derivative instruments	176		—		176		1,801		—		1,801
Net realized gain	182		—		182		$	1,910	$	—	$	1,910
Total other comprehensive income (loss)	$	9,768	$	—	$	9,768	$	15,178	$	(804)	$	14,374


	Three Months Ended June 30, 2024						Six Months Ended June 30, 2024
	Before Tax Amount		Tax Expense		After Tax Amount		Before Tax Amount		Tax Expense		After Tax Amount
Net current period change
Cumulative translation adjustment	$	(1,297)	$	—	$	(1,297)	$	(3,856)	$	—	$	(3,856)
Net actuarial gain (loss) and prior service credit	(498)		1		(497)		(1,073)		2		(1,071)
Derivative instruments	(3,880)		1,009		(2,871)		(132)		(13)		(145)
Net unrealized gain (loss)	(5,675)		1,010		(4,665)		$	(5,061)	$	(11)	$	(5,072)
Amounts reclassified into earnings:
Actuarial gain and prior service cost	106		—		106		$	213	$	—	$	213
Derivative instruments	(1,495)		391		(1,104)		(2,370)		572		(1,798)
Net realized gain (loss)	(1,389)		391		(998)		(2,157)		572		(1,585)
Total other comprehensive income (loss)	$	(7,064)	$	1,401	$	(5,663)	$	(7,218)	$	561	$	(6,657)