Changes in Other Comprehensive Loss

3 Months Ended

Jun. 30, 2021

Accumulated Other Comprehensive Income (Loss) [Line Items]

14. Changes in Accumulated Other Comprehensive Loss

Changes in AOCL by component for the three months ended June 30, 2021 are as follows (in thousands):


	Three months ended June 30, 2021
	Retirement Obligations		Foreign Currency		Change in Derivatives Qualifying as Hedges		Total
Beginning balance net of tax	$	(37,356)	$	(21,776)	$	(854)	$	(59,986)
Other comprehensive income (loss) before reclassification	(331)		2,076		(1,220)		525
Amounts reclassified from other comprehensive loss	234		—		1,316		1,550
Net current period other comprehensive income (loss)	(97)		2,076		96		2,075
Ending balance net of tax	$	(37,453)	$	(19,700)	$	(758)	$	(57,911)

Details of amounts reclassified out of AOCL for the three months ended June 30, 2021 are as follows (in thousands):


Details of AOCL Components	Amount reclassified from AOCL		Affected line item on Condensed Consolidated Statement of Operations






Net amortization of prior service cost and pension settlement expense (2)
	$	315	(1)
	315		Total before tax
	(81)		Tax (benefit) expense
	$	234	Net of tax

Change in derivatives qualifying as hedges
	$	(5)	Cost of products sold
	442		Interest expense
	1,300		Foreign currency
	1,737		Total before tax
	(421)		Tax (benefit) expense
	$	1,316	Net of tax

(1)These AOCL components are included in the computation of net periodic pension cost. (See Note 10 — Net Periodic Benefit Cost for additional details.)

(2) During the quarter ended June 30, 2021, the Company terminated one of it's U.S. pension plans which resulted in an adjustment to other comprehensive income (See Note 10 — Net Periodic Benefit Cost).