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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The other comprehensive (loss) income consists of the following components:
 
  
Three Months Ended March 31
  
2020
 
2019
  
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
$
(37,376
)
 
$

 
$
(37,376
)
 
$
10,033

 
$

 
$
10,033

Pension and other postretirement plans:
  
 
  
 
  
 
  
 
  
 
  
Amortization of net prior service cost (credit) included in net (loss) income
671

 
(181
)
 
490

 
(1,347
)
 
364

 
(983
)
Amortization of net actuarial loss (gain) included in net (loss) income
220

 
(60
)
 
160

 
(548
)
 
147

 
(401
)
  
891

 
(241
)
 
650

 
(1,895
)
 
511

 
(1,384
)
Cash flow hedges:
 
 
  
 
  
 
  
 
  
 
  
Loss for the period
(1,578
)
 
361

 
(1,217
)
 
(467
)
 
108

 
(359
)
Other Comprehensive (Loss) Income
$
(38,063
)
 
$
120

 
$
(37,943
)
 
$
7,671

 
$
619

 
$
8,290


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, 2019
$
(21,888
)
 
$
325,921

 
$
(738
)
 
$
303,295

Other comprehensive loss before reclassifications
(37,376
)
 

 
(1,253
)
 
(38,629
)
Net amount reclassified from accumulated other comprehensive income (loss)

 
650

 
36

 
686

Other comprehensive (loss) income, net of tax
(37,376
)
 
650

 
(1,217
)
 
(37,943
)
Balance as of March 31, 2020
$
(59,264
)
 
$
326,571

 
$
(1,955
)
 
$
265,352


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)
2020
 
2019
 
Pension and Other Postretirement Plans:
 
 
  
 
  
Amortization of net prior service cost (credit)
$
671

 
$
(1,347
)
 
(1)
Amortization of net actuarial loss (gain)
220

 
(548
)
 
(1)
  
891

 
(1,895
)
 
Before tax
  
(241
)
 
511

 
(Benefit from) Provision for Income Taxes
  
650

 
(1,384
)
 
Net of Tax
Cash Flow Hedges
 
 
  
 
  
  
29

 
(69
)
 
Interest expense
  
7

 
15

 
(Benefit from) Provision for Income Taxes
  
36

 
(54
)
 
Net of Tax
Total reclassification for the period
$
686

 
$
(1,438
)
 
Net of Tax
____________
(1)
These accumulated other comprehensive income components are included in the computation 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.