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Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2024

Comprehensive Income

Schedule of comprehensive income


		Three Months Ended March 31,
		2024				2023

Net earnings		$	6,650			$		7,445
Foreign currency translation adjustments			(1,092)					(306)
Pension liability adjustment, net of tax of $26 and $35, respectively			73					99
Total comprehensive income		$	5,631			$		7,238

Schedule of accumulated other comprehensive loss


		March 31,			December 31,
		2024			2023

		(Dollars in thousands)
Foreign currency translation adjustments		$	(9,046)		$	(7,954)
Pension liability, net of tax			(9,284)			(9,357)
Total accumulated other comprehensive loss		$	(18,330)		$	(17,311)

Schedule of changes in accumulated other comprehensive loss


		Foreign Currency
		Translation			Defined Benefit
		Adjustments			Pension Items				Total
Balance, December 31, 2023		$	(7,954)		$	(9,357)			$		(17,311)
Other comprehensive loss before reclassifications			(1,092)								(1,092)
Amounts reclassified from accumulated other comprehensive loss			—			73					73
Net current period other comprehensive (loss) income			(1,092)			73					(1,019)
Balance, March 31, 2024		$	(9,046)		$	(9,284)			$		(18,330)


		Foreign Currency
		Translation			Defined Benefit
		Adjustments			Pension Items				Total
Balance, December 31, 2022		$	(8,596)		$	(11,597)			$		(20,193)
Other comprehensive loss before reclassifications			(306)			—					(306)
Amounts reclassified from accumulated other comprehensive loss			—			99					99
Net current period other comprehensive (loss) income			(306)			99					(207)
Balance, March 31, 2023		$	(8,902)		$	(11,498)			$		(20,400)

Schedule of reclassification adjustments out of accumulated other comprehensive loss



		Amounts Reclassified from Accumulated Other Comprehensive Loss						Affected line item in the
		Three Months Ended March 31,						statement where net
		2024			2023			earnings is presented
Amortization of defined benefit pension items
Prior service cost		$	5	⁽¹⁾	$	5	⁽¹⁾	Other expense, net
Actuarial losses			94	⁽¹⁾		129	⁽¹⁾	Other expense, net
Total before tax			99			134
Tax benefit			(26)			(35)
Net of tax		$	73		$	99

(1)

These amounts were included in the computation of pension expense. See Note 7 for additional details.