Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2021

Equity

Schedule of comprehensive income (loss)

Comprehensive income (loss) for the three months ended March 31, 2021 and 2020, was as follows:

	Three Months EndedMarch 31,
	2021		2020
	(Dollars in thousands)
Net earnings	$	1,325	$	1,162
Foreign currency translation adjustments		(143)		(2,558)
Pension liability, net of tax of $64 and $48, respectively		183		138
Total comprehensive income (loss)	$	1,365	$	(1,258)

Schedule of accumulated other comprehensive loss

The components of accumulated other comprehensive loss as recorded in the Consolidated Condensed Balance Sheets (Unaudited) were as follows:

	March 31,		December 31,
	2021		2020
	(Dollars in thousands)
Foreign currency translation adjustments	$	(6,193)	$	(6,050)
Pension liability, net of tax		(21,772)		(21,955)
Total accumulated other comprehensive loss	$	(27,965)	$	(28,005)

Schedule of changes in accumulated other comprehensive loss

The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the three months ended March 31, 2021:

	Foreign		Defined
	Currency		Benefit
	Translation		Pension
	Adjustments		Items		Total
Beginning balance, December 31, 2020	$	(6,050)	$	(21,955)	$	(28,005)
Other comprehensive loss before reclassifications		(143)		—		(143)
Amounts reclassified from accumulated other comprehensive loss		—		183		183
Net current period other comprehensive (loss) income		(143)		183		40
Ending balance, March 31, 2021	$	(6,193)	$	(21,772)	$	(27,965)

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 three months ended March 31, 2021:

	Amounts reclassified from
	accumulated other
	comprehensive loss for			Affected line item in the
	the three months ended			statement where net income is
	March 31, 2021			presented
Amortization of defined benefit pension items
Prior service cost	$	(16)	(1)	Other income, net
Actuarial losses		263	(1)	Other income, net
Total before tax		247
Tax benefit		(64)
Net of tax	$	183

(1) These amounts were included in pension expense. See Note 7 for additional details.