| Schedule of Reclassification Adjustments and Other Activities Impacting Accumulated Other Comprehensive Loss |
Reclassification adjustments and other activities impacting accumulated other comprehensive loss during the three and six months ended June 30, 2026 and 2025 were as follows:
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Defined
Benefit
Pension
Plans |
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|
Foreign
Currency
Translation
Adjustments |
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|
Cash Flow Hedge Derivatives |
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Total |
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Balance at March 31, 2026 |
|
$ |
(1,708 |
) |
|
$ |
(7,896 |
) |
|
$ |
(284 |
) |
|
$ |
(9,888 |
) |
Other comprehensive (loss) income before reclassifications |
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|
— |
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|
|
(2,200 |
) |
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|
3,367 |
|
|
|
1,167 |
|
Income tax effect of other comprehensive loss before reclassifications |
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|
— |
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|
|
— |
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|
|
(759 |
) |
|
|
(759 |
) |
Amounts reclassified from accumulated other comprehensive loss into net income |
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|
17 |
|
|
|
— |
|
|
|
(3,117 |
) |
a |
|
(3,100 |
) |
Income taxes reclassified into net income |
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|
(4 |
) |
|
|
— |
|
|
|
679 |
|
|
|
675 |
|
Net current period other comprehensive income (loss) |
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|
13 |
|
|
|
(2,200 |
) |
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|
170 |
|
|
|
(2,017 |
) |
Balance at June 30, 2026 |
|
$ |
(1,695 |
) |
|
$ |
(10,096 |
) |
|
$ |
(114 |
) |
|
$ |
(11,905 |
) |
(a)The amounts reclassified from accumulated other comprehensive loss of $(3,135) and $18 are included in cost of sales and interest expense, net, respectively, in the consolidated condensed statements of income. Refer to Note 10 “Financial Instruments,” for additional information.
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|
Defined
Benefit
Pension
Plans |
|
|
Foreign
Currency
Translation
Adjustments |
|
|
Cash Flow Hedge Derivatives |
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Total |
|
Balance at March 31, 2025 |
|
$ |
(1,838 |
) |
|
$ |
(54,668 |
) |
|
$ |
(375 |
) |
|
$ |
(56,881 |
) |
Other comprehensive income before reclassifications |
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|
— |
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|
|
54,623 |
|
|
|
5,634 |
|
|
|
60,257 |
|
Income tax effect of other comprehensive income before reclassifications |
|
|
— |
|
|
|
— |
|
|
|
(1,212 |
) |
|
|
(1,212 |
) |
Amounts reclassified from accumulated other comprehensive income (loss) into net income |
|
|
20 |
|
|
|
— |
|
|
|
(207 |
) |
a |
|
(187 |
) |
Income taxes reclassified into net income |
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|
(5 |
) |
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|
— |
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|
33 |
|
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|
28 |
|
Net current period other comprehensive income |
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|
15 |
|
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|
54,623 |
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|
4,248 |
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|
58,886 |
|
Balance at June 30, 2025 |
|
$ |
(1,823 |
) |
|
$ |
(45 |
) |
|
$ |
3,873 |
|
|
$ |
2,005 |
|
(a)The amounts reclassified from accumulated other comprehensive income (loss) were included in cost of sales in the consolidated condensed statements of income. Refer to Note 10 “Financial Instruments,” for additional information.
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|
Defined
Benefit
Pension
Plans |
|
|
Foreign
Currency
Translation
Adjustments |
|
|
Cash Flow Hedge Derivatives |
|
|
Total |
|
Balance at December 31, 2025 |
|
$ |
(1,721 |
) |
|
$ |
(2,114 |
) |
|
$ |
2,871 |
|
|
$ |
(964 |
) |
Other comprehensive (loss) income before reclassifications |
|
|
— |
|
|
|
(7,982 |
) |
|
|
2,381 |
|
|
|
(5,601 |
) |
Income tax effect of other comprehensive (loss) income before reclassifications |
|
|
— |
|
|
|
— |
|
|
|
(547 |
) |
|
|
(547 |
) |
Amounts reclassified from accumulated other comprehensive loss into net income |
|
|
35 |
|
|
|
— |
|
|
|
(6,162 |
) |
a |
|
(6,127 |
) |
Income taxes reclassified into net income |
|
|
(9 |
) |
|
|
— |
|
|
|
1,343 |
|
|
|
1,334 |
|
Net current period other comprehensive income (loss) |
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|
26 |
|
|
|
(7,982 |
) |
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|
(2,985 |
) |
|
|
(10,941 |
) |
Balance at June 30, 2026 |
|
$ |
(1,695 |
) |
|
$ |
(10,096 |
) |
|
$ |
(114 |
) |
|
$ |
(11,905 |
) |
(a)The amounts reclassified from accumulated other comprehensive loss of $(6,187) and $25 are included in cost of sales and interest expense, net, respectively, in the consolidated condensed statements of income. Refer to Note 10 “Financial Instruments,” for additional information.
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|
Defined
Benefit
Pension
Plans |
|
|
Foreign
Currency
Translation
Adjustments |
|
|
Cash Flow Hedge Derivatives |
|
|
Total |
|
Balance at December 31, 2024 |
|
$ |
(1,851 |
) |
|
$ |
(80,096 |
) |
|
$ |
(3,246 |
) |
|
$ |
(85,193 |
) |
Other comprehensive income before reclassifications |
|
|
— |
|
|
|
80,051 |
|
|
|
9,187 |
|
|
|
89,238 |
|
Income tax effect of other comprehensive income before reclassifications |
|
|
— |
|
|
|
— |
|
|
|
(1,949 |
) |
|
|
(1,949 |
) |
Amounts reclassified from accumulated other comprehensive income (loss) into net income |
|
|
38 |
|
|
|
— |
|
|
|
(133 |
) |
a |
|
(95 |
) |
Income taxes reclassified into net income |
|
|
(10 |
) |
|
|
— |
|
|
|
14 |
|
|
|
4 |
|
Net current period other comprehensive income |
|
|
28 |
|
|
|
80,051 |
|
|
|
7,119 |
|
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|
87,198 |
|
Balance at June 30, 2025 |
|
$ |
(1,823 |
) |
|
$ |
(45 |
) |
|
$ |
3,873 |
|
|
$ |
2,005 |
|
(a)The amounts reclassified from accumulated other comprehensive income (loss) were included in cost of sales in the consolidated condensed statements of income. Refer to Note 10 “Financial Instruments,” for additional information.
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