| Schedule of Accumulated Other Comprehensive (Loss) Income |
The activity in AOCI for the three and six months ended June 30, 2026 and 2025 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | (In thousands) | | Opening balance - accumulated other comprehensive loss | $ | (54,508) | | | $ | (42,012) | | | $ | (63,190) | | | $ | (27,279) | | | Pension and other postretirement benefits: | | | | | | | | | Balance at beginning of period, net of tax | $ | 877 | | | $ | 849 | | | $ | 910 | | | $ | 898 | | | Net loss arising during period | (2) | | | (49) | | | (35) | | | (98) | | | Net loss on pension and other postretirement benefit | (2) | | | (49) | | | (35) | | | (98) | | | Balance at end of period, net of tax | $ | 875 | | | $ | 800 | | | $ | 875 | | | $ | 800 | | | Foreign currency: | | | | | | | | | Balance at beginning of period, net of tax | $ | (64,047) | | | $ | (51,876) | | | $ | (68,893) | | | $ | (46,028) | | | Cumulative translation adjustment | (6,383) | | | 71,771 | | | (8,937) | | | 105,264 | | Non-derivative net investment hedges(1) | 11,070 | | | (85,758) | | | 18,470 | | | (125,099) | | Derivative net investment hedge(1) | — | | | (1,598) | | | — | | | (1,598) | | | Reclassification of CTA to earnings upon sale of partially owned entity | — | | | 2,372 | | | — | | | 2,372 | | | Net gain (loss) on foreign currency translation | 4,687 | | | (13,213) | | | 9,533 | | | (19,061) | | | Balance at end of period, net of tax | $ | (59,360) | | | $ | (65,089) | | | $ | (59,360) | | | $ | (65,089) | | | Designated derivatives: | | | | | | | | | Balance at beginning of period, net of tax | $ | 8,662 | | | $ | 9,015 | | | $ | 4,793 | | | $ | 17,851 | | Cash flow hedge derivatives(1) | 134 | | | (6,572) | | | 4,439 | | | (14,341) | | Net amount reclassified from AOCI to earnings(1) | (4,200) | | | 3,378 | | | (4,636) | | | 2,311 | | | Net loss on designated derivatives | (4,066) | | | (3,194) | | | (197) | | | (12,030) | | | Balance at end of period, net of tax | $ | 4,596 | | | $ | 5,821 | | | $ | 4,596 | | | $ | 5,821 | | | Closing balance - accumulated other comprehensive loss | $ | (53,889) | | | $ | (58,468) | | | $ | (53,889) | | | $ | (58,468) | |
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