| ACCUMULATED OTHER COMPREHENSIVE LOSS |
ACCUMULATED OTHER COMPREHENSIVE LOSS Gains and losses deferred in AOCI are generally reclassified and recognized in the Condensed Consolidated Statements of Operations once they are realized. The changes in the components of AOCI, net of tax, for the three and six months ended June 30, 2026 and 2025 were as follows: | | | | | | | | | | | | | | | | | | | | | (in thousands) | Currency translation loss | | | | Net unrecognized loss related to benefit plans (net of tax) | | Total | Balance at December 31, 2025 | $ | (16,156) | | | | | $ | 178 | | | $ | (15,978) | | Other comprehensive loss | (916) | | | | | — | | | (916) | | | | | | | | | | Net other comprehensive loss | (916) | | | | | — | | | (916) | | | Balance at March 31, 2026 | (17,072) | | | | | 178 | | | (16,894) | | Other comprehensive loss | (852) | | | | | — | | | (852) | | | | | | | | | | Net other comprehensive loss | (852) | | | | | — | | | (852) | | | Balance at June 30, 2026 | $ | (17,924) | | | | | $ | 178 | | | $ | (17,746) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | (in thousands) | Currency translation loss | | | | Net unrecognized loss related to benefit plans (net of tax) | | Total | | Balance at December 31, 2024 | $ | (85,487) | | | | | $ | (1,173) | | | $ | (86,660) | | Other comprehensive income before reclassifications | 403 | | | | | — | | | 403 | | Reclassification of AOCI to net income (loss) | — | | | | | 124 | | | 124 | | Net other comprehensive income | 403 | | | | | 124 | | | 527 | | | Balance at March 31, 2025 | (85,084) | | | | | (1,049) | | | (86,133) | | Other comprehensive income before reclassifications | 2,196 | | | | | — | | | 2,196 | | Reclassification of AOCI to net income (loss) | 52,646 | | | | | 123 | | | 52,769 | | Net other comprehensive income | 54,842 | | | | | 123 | | | 54,965 | | | Balance at June 30, 2025 | $ | (30,242) | | | | | $ | (926) | | | $ | (31,168) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The amounts reclassified out of AOCI by component and the affected Condensed Consolidated Statements of Operations line items are as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | AOCI component | | Line items in the Condensed Consolidated Statements of Operations affected by reclassifications from AOCI | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Release of currency translation adjustment with the sale of business | | Income (loss) from discontinued operations, net of tax | | $ | — | | | $ | (52,646) | | | $ | — | | | $ | (52,646) | | | | | | | | | | | | | | Pension and postretirement adjustments, net of tax | | Benefit plans, net | | — | | | (123) | | | — | | | (247) | | | | Net income (loss) | | $ | — | | | $ | (52,769) | | | $ | — | | | $ | (52,893) | |
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