v3.26.1
Comprehensive Income
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Comprehensive Income

Note 12. Comprehensive Income

The components of other comprehensive (loss) income and income tax expense allocated to each component for the three months ended March 31, 2026 and 2025 were as follows:

 

 

Three Months Ended March 31, 2026

 

 

 

Before Tax

 

 

Income Tax

 

 

Net of Tax

 

Translation adjustments

 

$

(0.5

)

 

$

 

 

$

(0.5

)

Adjustment for net periodic pension and other postretirement benefits plans

 

 

0.1

 

 

 

 

 

 

0.1

 

Other comprehensive loss

 

$

(0.4

)

 

$

 

 

$

(0.4

)

 

 

Three Months Ended March 31, 2025

 

 

 

Before Tax

 

 

Income Tax

 

 

Net of Tax

 

Translation adjustments

 

$

0.3

 

 

$

 

 

$

0.3

 

Adjustment for net periodic pension and other postretirement benefits plans

 

 

0.4

 

 

 

0.1

 

 

 

0.3

 

Other comprehensive income

 

$

0.7

 

 

$

0.1

 

 

$

0.6

 

The following tables summarize changes in accumulated other comprehensive loss by component for the three months ended March 31, 2026 and 2025:

 

 

Pension and Other Postretirement Benefits Plans

 

 

Translation Adjustments

 

 

Total

 

Balance at December 31, 2025

 

$

(5.3

)

 

$

(14.3

)

 

$

(19.6

)

Other comprehensive loss before reclassifications

 

 

 

 

 

(0.5

)

 

 

(0.5

)

Reclassifications:

 

 

 

 

 

 

 

 

 

Amortization of net actuarial loss (a)

 

 

0.1

 

 

 

 

 

 

0.1

 

Reclassifications, net of tax

 

 

0.1

 

 

 

 

 

 

0.1

 

Net change in accumulated other comprehensive loss

 

 

0.1

 

 

 

(0.5

)

 

 

(0.4

)

Balance at March 31, 2026

 

$

(5.2

)

 

$

(14.8

)

 

$

(20.0

)

 

 

 

 

Pension and Other Postretirement Benefits Plans

 

 

Translation Adjustments

 

 

Total

 

Balance at December 31, 2024

 

$

(66.4

)

 

$

(15.5

)

 

$

(81.9

)

Other comprehensive income before reclassifications

 

 

 

 

 

0.3

 

 

 

0.3

 

Reclassifications:

 

 

 

 

 

 

 

 

 

Amortization of net actuarial loss (a)

 

 

0.4

 

 

 

 

 

 

0.4

 

Less: Income tax

 

 

0.1

 

 

 

 

 

 

0.1

 

Reclassifications, net of tax

 

 

0.3

 

 

 

 

 

 

0.3

 

Net change in accumulated other comprehensive loss

 

 

0.3

 

 

 

0.3

 

 

 

0.6

 

Balance at March 31, 2025

 

$

(66.1

)

 

$

(15.2

)

 

$

(81.3

)

__________________

(a)
These accumulated other comprehensive loss components are included in the calculation of net periodic pension and other postretirement benefits plans expense recognized in investment and other loss, net on the Unaudited Condensed Consolidated Statements of Operations (see Note 6, Retirement Plans).