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ACCUMULATED OTHER COMPREHENSIVE LOSS
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS ACCUMULATED OTHER COMPREHENSIVE LOSS
Comprehensive loss for the three months ended March 31, 2026 and 2025:
 Three Months Ended March 31,
Dollars in thousands20262025
Net loss$(4,617)$(25,293)
Foreign currency translation adjustment(476)11,631 
Change in unrealized (gain) loss on derivatives, net of tax(220)(8,016)
Pension liability adjustment, net of tax(167)(150)
Comprehensive loss, net$(5,480)$(21,828)
Changes in accumulated other comprehensive loss by component between December 31, 2025 and March 31, 2026 are presented in the table below, net of tax:
Dollars in thousandsGains and Losses on DerivativesDefined Benefit Pension ItemsForeign Currency ItemsTotal
Balance at January 1, 2026
$15,948 $4,984 $(51,009)$(30,077)
Other comprehensive gain10,593 — 1,890 12,483 
Less: Amounts reclassified from accumulated other comprehensive income, net10,813 167 2,366 13,346 
Net current-period other comprehensive (loss)(220)(167)(476)(863)
Balance at March 31, 2026
$15,728 $4,817 $(51,485)$(30,940)
For the three months ended March 31, 2026, the Company reclassified gains of $7.3 million and $5.7 million from AOCI to other income and interest income, respectively. Additionally, the Company reclassified a loss of $0.3 million from AOCI to cost of goods sold.