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Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Summary of Other Comprehensive Income
The other comprehensive income consists of the following components:
 
  
Three Months Ended March 31
  
2019
 
2018
  
Before-Tax
 
Income
 
After-Tax
 
Before-Tax
 
Income
 
After-Tax
(in thousands)
Amount
 
Tax
 
Amount
 
Amount
 
Tax
 
Amount
Foreign currency translation adjustments:
  
 
  
 
  
 
  
 
  
 
  
Translation adjustments arising during the period
$
10,033

 
$

 
$
10,033

 
$
11,564

 
$

 
$
11,564

Pension and other postretirement plans:
  
 
  
 
  
 
  
 
  
 
  
Amortization of net prior service (credit) cost included in net income
(1,347
)
 
364

 
(983
)
 
76

 
(21
)
 
55

Amortization of net actuarial gain included in net income
(548
)
 
147

 
(401
)
 
(1,367
)
 
369

 
(998
)
  
(1,895
)
 
511

 
(1,384
)
 
(1,291
)
 
348

 
(943
)
Cash flow hedges:
 
 
  
 
  
 
  
 
  
 
  
(Loss) gain for the period
(467
)
 
108

 
(359
)
 
236

 
(45
)
 
191

Other Comprehensive Income
$
7,671

 
$
619

 
$
8,290

 
$
10,509

 
$
303

 
$
10,812

Summary of Changes in Accumulated Other Comprehensive Income (Loss)
The accumulated balances related to each component of other comprehensive income (loss) are as follows:
(in thousands, net of taxes)
Cumulative
Foreign
Currency
Translation
Adjustment
 
Unrealized Gain
on Pensions
and Other
Postretirement
Plans
 
Cash Flow
Hedges
 
Accumulated
Other
Comprehensive
Income
Balance as of December 31, 2018
$
(29,270
)
 
$
232,836

 
$
263

 
$
203,829

Other comprehensive income (loss) before reclassifications
10,033

 

 
(305
)
 
9,728

Net amount reclassified from accumulated other comprehensive income (loss)

 
(1,384
)
 
(54
)
 
(1,438
)
Other comprehensive income (loss), net of tax
10,033

 
(1,384
)
 
(359
)
 
8,290

Balance as of March 31, 2019
$
(19,237
)
 
$
231,452

 
$
(96
)
 
$
212,119

Summary of Amounts and Line Items of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
The amounts and line items of reclassifications out of Accumulated Other Comprehensive Income (Loss) are as follows:
  
Three Months Ended 
 March 31
 
Affected Line Item in the Condensed Consolidated Statements of Operations
  
 
(in thousands)
2019
 
2018
 
Pension and Other Postretirement Plans:
 
 
  
 
  
Amortization of net prior service (credit) cost
$
(1,347
)
 
$
76

 
(1)
Amortization of net actuarial gain
(548
)
 
(1,367
)
 
(1)
  
(1,895
)
 
(1,291
)
 
Before tax
  
511

 
348

 
Provision for Income Taxes
  
(1,384
)
 
(943
)
 
Net of Tax
Cash Flow Hedges
 
 
  
 
  
  
(69
)
 
3

 
Interest expense
  
15

 
(1
)
 
Provision for Income Taxes
  
(54
)
 
2

 
Net of Tax
Total reclassification for the period
$
(1,438
)
 
$
(941
)
 
Net of Tax
____________
(1)
These accumulated other comprehensive income components are components of net periodic pension and postretirement plan cost (see Note 12) and are included in non-operating pension and postretirement benefit income in the Company’s Condensed Consolidated Statements of Operations.