Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2026

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
	2026						2025
	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	$	(6,248)	$	—	$	(6,248)	$	14,267	$	—	$	14,267
Pension and other postretirement plans:
Amortization of net prior service credit included in net income	(496)		130		(366)		(519)		133		(386)
Amortization of net actuarial gain included in net income	(258)		67		(191)		(379)		97		(282)
	(754)		197		(557)		(898)		230		(668)
Cash flow hedges:
Gain (loss) for the period	626		(163)		463		(679)		176		(503)
Other Comprehensive (Loss) Income	$	(6,376)	$	34	$	(6,342)	$	12,690	$	406	$	13,096

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
As of December 31, 2025	$	(12,262)	$	601,064	$	(1,722)	$	587,080
Other comprehensive (loss) income before reclassifications	(6,248)		—		299		(5,949)
Net amount reclassified from accumulated other comprehensive income (loss)	—		(557)		164		(393)
Net other comprehensive (loss) income	(6,248)		(557)		463		(6,342)
As of March 31, 2026	$	(18,510)	$	600,507	$	(1,259)	$	580,738

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)	2026		2025
Pension and Other Postretirement Plans:
Amortization of net prior service credit	$	(496)	$	(519)	(1)
Amortization of net actuarial gain	(258)		(379)		(1)
	(754)		(898)		Before tax
	197		230		Provision for Income Taxes
	(557)		(668)		Net of Tax
Cash Flow Hedges	164		60		Interest expense
Total reclassification for the period	$	(393)	$	(608)	Net of Tax

____________

(1)    These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and postretirement plan cost (see Note 11) and are included in non-operating pension and postretirement benefit income in the Company’s Condensed Consolidated Statements of Operations.