| Components of Accumulated Other Comprehensive Loss |
The components of accumulated other comprehensive loss, net of related taxes, in the condensed consolidated balance sheets follow: | | | | | | | (Dollars in thousands) | | June 30, 2026 | | December 31, 2025 | Unrealized gains on derivative instruments | | $ | 1,377 | | $ | 2,093 | Items not yet recognized as a component of net periodic benefit cost (pension plans) | | | (12,449) | | | (12,933) | Foreign currency translation adjustment | | | (255) | | | — | | | $ | (11,327) | | $ | (10,840) |
The changes in the balances of each component of accumulated other comprehensive loss, net of related taxes, during the three and six months ended June 30, 2026 and 2025 follow: | | | | | | | | | | | | | (Dollars in thousands) | | Unrealized gains on cash flow hedges | | Items not yet recognized as a component of net periodic benefit cost | | Foreign currency translation adjustment | | Total | Balance as of March 31, 2026 | | $ | 1,750 | | $ | (12,713) | | $ | (252) | | $ | (11,215) | Current period change, excluding amounts reclassified | | | | | | | | | | | | | from accumulated other comprehensive loss | | | 27 | | | — | | | (3) | | | 24 | Amounts reclassified from accumulated other comprehensive loss | | | (400) | | | 264 | | | — | | | (136) | Balance as of June 30, 2026 | | $ | 1,377 | | $ | (12,449) | | $ | (255) | | $ | (11,327) | | | | | | | | | | | | | | Balance as of March 31, 2025 | | $ | 4,399 | | $ | (13,213) | | $ | — | | $ | (8,814) | Current period change, excluding amounts reclassified | | | | | | | | | | | | | from accumulated other comprehensive loss | | | 170 | | | (763) | | | — | | | (593) | Amounts reclassified from accumulated other comprehensive loss | | | (1,003) | | | 264 | | | — | | | (739) | Balance as of June 30, 2025 | | $ | 3,566 | | $ | (13,712) | | $ | — | | $ | (10,146) |
| | | | | | | | | | | | | (Dollars in thousands) | | Unrealized losses on cash flow hedges | | Items not yet recognized as a component of net periodic benefit cost | | Foreign currency translation adjustment | | Total | Balance as of December 31, 2025 | | $ | 2,093 | | $ | (12,933) | | $ | — | | $ | (10,840) | Current period change, excluding amounts reclassified | | | | | | | | | | | | | from accumulated other comprehensive loss | | | 160 | | | (45) | | | (255) | | | (140) | Amounts reclassified from accumulated other comprehensive loss | | | (876) | | | 529 | | | — | | | (347) | Balance as of June 30, 2026 | | $ | 1,377 | | $ | (12,449) | | $ | (255) | | $ | (11,327) | | | | | | | | | | | | | | Balance as of December 31, 2024 | | $ | 5,176 | | $ | (13,037) | | $ | — | | $ | (7,861) | Current period change, excluding amounts reclassified | | | | | | | | | | | | | from accumulated other comprehensive loss | | | (10) | | | (1,187) | | | — | | | (1,197) | Amounts reclassified from accumulated other comprehensive loss | | | (1,600) | | | 512 | | | — | | | (1,088) | Balance as of June 30, 2025 | | $ | 3,566 | | $ | (13,712) | | $ | — | | $ | (10,146) |
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