| ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME |
NOTE 10- ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
The changes in the balances of accumulated other comprehensive (loss) income, net of tax, by component are as follows:
| | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | (in thousands) | Foreign currency translation adjustment | | Defined benefit pension plan | | | | Total | | Balance, March 31, 2026 | $ | (52,723) | | | $ | 1,013 | | | | | $ | (51,710) | | | Other comprehensive loss | (2,967) | | | (56) | | | | | (3,023) | | | Balance, June 30, 2026 | $ | (55,690) | | | $ | 957 | | | | | $ | (54,733) | | | | | | | | | | | Three Months Ended June 30, 2025 | | (in thousands) | Foreign currency translation adjustment | | Defined benefit pension plan | | | | Total | | Balance, March 31, 2025 | $ | (52,171) | | | $ | 157 | | | | | $ | (52,014) | | | Other comprehensive income | 9,075 | | | 14 | | | | | 9,089 | | | Balance, June 30, 2025 | $ | (43,096) | | | $ | 171 | | | | | $ | (42,925) | | | | | | | | | | | Six Months Ended June 30, 2026 | | (in thousands) | Foreign currency translation adjustment | | Defined benefit pension plan | | | | Total | | Balance, December 31, 2025 | $ | (47,998) | | | $ | 171 | | | | | $ | (47,827) | | | Other comprehensive (loss) income | (7,692) | | | 786 | | | | | (6,906) | | | Balance, June 30, 2026 | $ | (55,690) | | | $ | 957 | | | | | $ | (54,733) | | | | | | | | | | | Six Months Ended June 30, 2025 | | (in thousands) | Foreign currency translation adjustment | | Defined benefit pension plan | | | | Total | | Balance, December 31, 2024 | $ | (55,217) | | | $ | 151 | | | | | $ | (55,066) | | | Other comprehensive income | 12,121 | | | 20 | | | | | 12,141 | | | Balance, June 30, 2025 | $ | (43,096) | | | $ | 171 | | | | | $ | (42,925) | | | | | | | | | |
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