| Accumulated Other Comprehensive Loss |
NOTE 10. ACCUMULATED OTHER COMPREHENSIVE LOSS Changes in accumulated other comprehensive loss (“AOCL”) by component for the six months ended June 30, 2026 and 2025, included:
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
Cumulative
Foreign Currency Translation Adjustments |
|
|
Pension and Postretirement Benefits, Net |
|
|
Accumulated
Other
Comprehensive
Loss |
|
Balance as of December 31, 2025 |
|
$ |
(46,440 |
) |
|
$ |
4,637 |
|
|
$ |
(41,803 |
) |
Other comprehensive loss before reclassifications |
|
|
(1,725 |
) |
|
|
— |
|
|
|
(1,725 |
) |
Amounts reclassified from AOCL, net of tax |
|
|
— |
|
|
|
(2,051 |
) |
|
|
(2,051 |
) |
Net other comprehensive loss |
|
|
(1,725 |
) |
|
|
(2,051 |
) |
|
|
(3,776 |
) |
Balance as of June 30, 2026 |
|
$ |
(48,165 |
) |
|
$ |
2,586 |
|
|
$ |
(45,579 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
Cumulative
Foreign Currency Translation Adjustments |
|
|
Pension and Postretirement Benefits, Net |
|
|
Accumulated
Other
Comprehensive
Loss |
|
Balance as of December 31, 2024 |
|
$ |
(62,940 |
) |
|
$ |
(1,535 |
) |
|
$ |
(64,475 |
) |
Other comprehensive income before reclassifications |
|
|
18,052 |
|
|
|
— |
|
|
|
18,052 |
|
Amounts reclassified from AOCL, net of tax |
|
|
— |
|
|
|
3,069 |
|
|
|
3,069 |
|
Net other comprehensive income |
|
|
18,052 |
|
|
|
3,069 |
|
|
|
21,121 |
|
Balance as of June 30, 2025 |
|
$ |
(44,888 |
) |
|
$ |
1,534 |
|
|
$ |
(43,354 |
) |
Amounts reclassified from AOCL that relate to our defined benefit pension and other postretirement plans include the amortization of prior service (credits) costs and actuarial net (gains) losses recognized during each period presented. The Company recorded these amounts as components of net periodic (gain) cost for each period presented. See Note 12 –Pension and Postretirement Benefits for additional information.
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