| Schedule of Accumulated Other Comprehensive Income (Loss) Activity |
The following tables summarize the activity, by component, related to the change in AOCL for the three and six months ended June 30, 2026 and 2025:
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Foreign Currency
Translation Adjustments (1) |
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Derivative
(Loss) (1) |
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Pension and Postretirement Adjustments (1) |
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Total Accumulated
Other Comprehensive (Loss) (1) |
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Balance, March 31, 2026 |
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$ |
(1.2 |
) |
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$ |
(1.5 |
) |
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$ |
(99.4 |
) |
|
$ |
(102.1 |
) |
Other comprehensive (loss) income before reclassifications,
net of tax benefit (expense) of $0.8, $(0.3), $- and $0.5 |
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(2.4 |
) |
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0.8 |
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- |
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(1.6 |
) |
Amounts reclassified from accumulated other
comprehensive (loss) |
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- |
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0.4 |
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0.7 |
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1.1 |
|
Net current period other comprehensive (loss) income |
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(2.4 |
) |
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1.2 |
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0.7 |
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(0.5 |
) |
Balance, June 30, 2026 |
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$ |
(3.6 |
) |
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$ |
(0.3 |
) |
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$ |
(98.7 |
) |
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$ |
(102.6 |
) |
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Foreign Currency
Translation Adjustments (1) |
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Derivative
(Loss) (1) |
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Pension and Postretirement Adjustments (1) |
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Total Accumulated
Other Comprehensive (Loss) (1) |
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Balance, December 31, 2025 |
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$ |
(0.5 |
) |
|
$ |
(2.6 |
) |
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$ |
(100.0 |
) |
|
$ |
(103.1 |
) |
Other comprehensive (loss) income before reclassifications,
net of tax benefit (expense) of $0.9, ($0.5), $- and $0.4 |
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(3.1 |
) |
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1.6 |
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- |
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(1.5 |
) |
Amounts reclassified from accumulated other
comprehensive (loss) |
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- |
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0.7 |
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1.3 |
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2.0 |
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Net current period other comprehensive (loss) income |
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(3.1 |
) |
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2.3 |
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1.3 |
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0.5 |
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Balance, June 30, 2026 |
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$ |
(3.6 |
) |
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$ |
(0.3 |
) |
|
$ |
(98.7 |
) |
|
$ |
(102.6 |
) |
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Foreign Currency
Translation Adjustments (1) |
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Derivative
(Loss) (1) (2) |
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Pension and Postretirement Adjustments (1) |
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Total Accumulated
Other Comprehensive (Loss) (1) (2) |
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Balance, March 31, 2025 |
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$ |
(1.9 |
) |
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$ |
(2.6 |
) |
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$ |
(106.3 |
) |
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$ |
(110.8 |
) |
Other comprehensive income (loss) before reclassifications,
net of tax (expense) benefit of ($0.3), $0.1, $- and ($0.2) |
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1.5 |
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(0.3 |
) |
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- |
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1.2 |
|
Amounts reclassified from accumulated other
comprehensive (loss) |
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- |
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- |
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0.7 |
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0.7 |
|
Net current period other comprehensive income (loss) |
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1.5 |
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(0.3 |
) |
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0.7 |
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1.9 |
|
Balance, June 30, 2025 |
|
$ |
(0.4 |
) |
|
$ |
(2.9 |
) |
|
$ |
(105.6 |
) |
|
$ |
(108.9 |
) |
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Foreign Currency
Translation Adjustments (1) |
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Derivative
(Loss) (1) (2) |
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Pension and Postretirement Adjustments (1) |
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Total Accumulated
Other Comprehensive (Loss) (1) (2) |
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Balance, December 31, 2024 |
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$ |
(2.2 |
) |
|
$ |
(1.1 |
) |
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$ |
(106.9 |
) |
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$ |
(110.2 |
) |
Other comprehensive income (loss) before reclassifications,
net of tax (expense) benefit of ($0.4), $0.4, $- and $- |
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1.8 |
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(1.5 |
) |
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- |
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0.3 |
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Amounts reclassified from accumulated other
comprehensive (loss) |
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- |
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(0.3 |
) |
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1.3 |
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1.0 |
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Net current period other comprehensive income (loss) |
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1.8 |
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(1.8 |
) |
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1.3 |
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1.3 |
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Balance, June 30, 2025 |
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$ |
(0.4 |
) |
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$ |
(2.9 |
) |
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$ |
(105.6 |
) |
|
$ |
(108.9 |
) |
(1)Amounts are net of tax. (2)Amounts include our 50% share of AOCL components from our WAVE joint venture.
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| Reclassification out of Accumulated Other Comprehensive Income |
The amounts classified from AOCL, and the affected line item of the Condensed Consolidated Statements of Earnings and Comprehensive Income, are presented in the table below:
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Amounts Reclassified from Accumulated Other Comprehensive (Loss) |
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Affected Line Item on the
Condensed Consolidated |
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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Statements of Earnings |
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2026 |
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2025 |
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2026 |
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2025 |
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and Comprehensive Income |
Derivative Adjustments: |
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Interest rate swap contracts, before tax |
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$ |
0.5 |
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$ |
- |
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$ |
0.9 |
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$ |
(0.4 |
) |
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Interest expense |
Tax impact |
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(0.1 |
) |
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- |
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(0.2 |
) |
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0.1 |
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Income tax expense |
Total loss (income), net of tax |
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0.4 |
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- |
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0.7 |
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(0.3 |
) |
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Pension and Postretirement Adjustments: |
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Amortization of prior service credit |
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- |
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(0.1 |
) |
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- |
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(0.1 |
) |
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Other non-operating (income), net |
Amortization of net actuarial loss |
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1.0 |
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1.0 |
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1.8 |
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1.9 |
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Other non-operating (income), net |
Total loss, before tax |
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1.0 |
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0.9 |
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1.8 |
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1.8 |
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Tax impact |
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(0.3 |
) |
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(0.2 |
) |
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(0.5 |
) |
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(0.5 |
) |
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Income tax expense |
Total loss, net of tax |
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0.7 |
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0.7 |
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1.3 |
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1.3 |
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Total reclassifications for the period |
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$ |
1.1 |
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$ |
0.7 |
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$ |
2.0 |
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$ |
1.0 |
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