Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2026

Summary of Changes in Accumulated Other Comprehensive Income (Loss)

Below is the change in the Company’s accumulated other comprehensive income (loss) (AOCI) balance by component (net of income taxes) for the three months ended March 31, 2026 and 2025:


(In thousands)	Foreign Currency Translation Adjustments			Defined Benefit Pension Plan Adjustments			Cash Flow Hedge Adjustments			Total
Balance at December 31, 2024	$	(175,802	)	$	(25,996	)	$	4,960		$	(196,838	)
Other comprehensive income (loss) before reclassifications		21,609			—			(1,112	)		20,497
Amounts reclassified from AOCI		—			55			(2	)		53
Net current-period other comprehensive income (loss)		21,609			55			(1,114	)		20,550
Balance at March 31, 2025	$	(154,193	)	$	(25,941	)	$	3,846		$	(176,288	)

Balance at December 31, 2025	$	(113,982	)	$	(26,982	)	$	1,990		$	(138,974	)
Other comprehensive income (loss) before reclassifications		262			—			(103	)		159
Amounts reclassified from AOCI		—			145			(2	)		143
Net current-period other comprehensive income (loss)		262			145			(105	)		302
Balance at March 31, 2026	$	(113,720	)	$	(26,837	)	$	1,885		$	(138,672	)

Summary of Amounts Reclassifications Out of Accumulated Other Comprehensive Income

Information regarding the reclassifications out of AOCI for the three months ended March 31, 2026 and 2025, is displayed below:


(In thousands)	Amount Reclassified from AOCI (1)
AOCI Components	Three Months Ended March 31,						Affected Line Item in Condensed Consolidated Statements of Income
	2026			2025
Amortization of defined benefit pension actuarial losses	$	(193	)	$	(73	)	(2)
		48			18		Tax benefit
	$	(145	)	$	(55	)	Net of tax
Gains and losses on cash flow hedges:
Foreign exchange contracts		2			2		Cost of sales
		2			2		Total before tax
		—			—		Tax benefit
	$	2		$	2		Net of tax
Total reclassifications for the period	$	(143	)	$	(53	)	Net of tax

(1)

Amounts in parentheses denote expense to the Company’s Condensed Consolidated Statements of Income.

(2)

This component of accumulated other comprehensive income is included in the computation of net periodic benefit cost. See Note 9, Postretirement Benefit Plans, of the notes to the Company’s condensed consolidated financial statements (included in Item 1 of this Form 10-Q) for additional details.