Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2026

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, 2025	$	(21,262)	$	(9,290)	$	4,202	$	(26,350)
Net current period change	(1,736)		(259)		302		(1,693)
Amounts reclassified into earnings	—		96		(2,030)		(1,934)

Balance - March 31, 2026	$	(22,998)	$	(9,453)	$	2,474	$	(29,977)


	Foreign currency translation adjustment		Pension and post-retirement benefit plans		Derivative instruments		Accumulated other comprehensive income (loss)
Balance - December 31, 2024	$	(30,662)	$	(11,459)	$	(1,222)	$	(43,343)
Net current period change	2,595		(153)		436		2,878
Amounts reclassified into earnings	—		103		1,625		1,728

Balance - March 31, 2025	$	(28,067)	$	(11,509)	$	839	$	(38,737)

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



	Three Months Ended March 31, 2026
	Before Tax Amount		Tax Expense		After Tax Amount
Net current period change
Cumulative translation adjustment	$	(1,736)	$	—	$	(1,736)
Net actuarial gain (loss) and prior service credit	(259)		—		(259)
Derivative instruments	302				302
Net unrealized gain (loss)	(1,693)		—		(1,693)
Amounts reclassified into earnings:
Actuarial gain and prior service cost	96		—		96
Derivative instruments	(2,030)		—		(2,030)
Net realized gain	(1,934)		—		(1,934)
Total other comprehensive income (loss)	$	(3,627)	$	—	$	(3,627)


	Three Months Ended March 31, 2025
	Before Tax Amount		Tax Expense		After Tax Amount
Net current period change
Cumulative translation adjustment	$	2,595	$	—	$	2,595
Net actuarial gain (loss) and prior service credit	(153)				(153)
Derivative instruments	1,240		(804)		436
Net unrealized gain (loss)	3,682		(804)		2,878
Amounts reclassified into earnings:
Actuarial gain and prior service cost	103		—		103
Derivative instruments	1,625		—		1,625
Net realized gain (loss)	1,728		—		1,728
Total other comprehensive income (loss)	$	5,410	$	(804)	$	4,606

As of March 31, 2026, the Company estimates that net pre-tax derivative income of $0.4 million included in accumulated other comprehensive income (loss) will be reclassified into earnings within the next 12 months.