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Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2019
Comprehensive Income (Loss)  
Schedule of accumulated other comprehensive loss

The components of accumulated other comprehensive loss as recorded on the accompanying Consolidated Balance Sheets were as follows:

 

 

 

 

 

 

 

 

    

2019

    

2018

 

 

(Dollars in thousands)

Foreign currency translation adjustments

 

$

(7,033)

 

$

(6,901)

Pension liability, net of tax

 

 

(17,503)

 

 

(14,671)

Total accumulated other comprehensive loss

 

$

(24,536)

 

$

(21,572)

 

Schedule of changes in accumulated other comprehensive loss

The following presents a tabular disclosure about changes in accumulated other comprehensive loss (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

    

Foreign Currency

    

Defined Benefit

    

 

 

 

 

Translation Adjustments

 

Pension Items

 

Total

Balance, December 31, 2018

 

$

(6,901)

 

$

(14,671)

 

$

(21,572)

Other comprehensive loss before reclassifications

 

 

(132)

 

 

(3,295)

 

 

(3,427)

Amounts reclassified from accumulated other comprehensive loss

 

 

 —

 

 

463

 

 

463

Net current period other comprehensive loss

 

 

(132)

 

 

(2,832)

 

 

(2,964)

Balance, December 31, 2019

 

$

(7,033)

 

$

(17,503)

 

$

(24,536)

 

Schedule of reclassification adjustments out of accumulated other comprehensive loss

The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the years ended December 31, 2019 and 2018 (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amounts reclassified from accumulated other

 

Affected line item in the

 

 

comprehensive loss for the year ended December 31,

 

statement where net

 

    

2019

    

2018

    

income is presented

Amortization of defined benefit pension items

 

 

  

 

 

  

 

  

Prior service cost

 

$

(63)

 

$

(63)

(1)

Other expense, net

Actuarial losses

 

 

689

 

 

697

(1)

Other expense, net

Total before tax

 

 

626

 

 

634

 

  

Tax benefit

 

 

(163)

 

 

(165)

 

  

Net of tax

 

$

463

 

$

469

 

  


(1) These amounts were included in the computation of net periodic pension cost. See Note 12 for additional details.