Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2024

Comprehensive Income

Schedule of comprehensive income

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
	(Dollars in thousands)
Net earnings	$	8,063	$	9,337	$	20,320	$	21,646
Foreign currency translation adjustments		913		(773)		(118)		(817)
Pension liability adjustment, net of tax of $28, $32, $80, and $97, respectively		79		92		225		275
Total comprehensive income	$	9,055	$	8,656	$	20,427	$	21,104

Schedule of accumulated other comprehensive loss

	September 30,		December 31,
	2024		2023
	(Dollars in thousands)
Foreign currency translation adjustments	$	(8,072)	$	(7,954)
Pension liability, net of tax		(9,132)		(9,357)
Total accumulated other comprehensive loss	$	(17,204)	$	(17,311)

Schedule of changes in accumulated other comprehensive loss

	Foreign Currency
	Translation		Defined Benefit
	Adjustments		Pension Items		Total
	(Dollars in thousands)
Balance, December 31, 2023	$	(7,954)	$	(9,357)	$	(17,311)
Other comprehensive loss before reclassifications		(118)		—		(118)
Amounts reclassified from accumulated other comprehensive loss		—		225		225
Net current period other comprehensive (loss) income		(118)		225		107
Balance, September 30, 2024	$	(8,072)	$	(9,132)	$	(17,204)

	Foreign Currency
	Translation		Defined Benefit
	Adjustments		Pension Items		Total
	(Dollars in thousands)
Balance, December 31, 2022	$	(8,596)	$	(11,597)	$	(20,193)
Other comprehensive loss before reclassifications		(817)		—		(817)
Amounts reclassified from accumulated other comprehensive loss		—		275		275
Net current period other comprehensive (loss) income		(817)		275		(542)
Balance, September 30, 2023	$	(9,413)	$	(11,322)	$	(20,735)

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 September 30,						Nine Months Ended September 30,						statement where net
	2024			2023			2024			2023			earnings is presented
		(Dollars in thousands)
Amortization of defined benefit pension items
Prior service cost	$	5	(1)	$	5	(1)	$	15	(1)	$	15	(1)	Other expense, net
Actuarial losses		102	(1)		119	(1)		290	(1)		357	(1)	Other expense, net
Total before tax		107			124			305			372
Tax benefit		(28)			(32)			(80)			(97)
Net of tax	$	79		$	92		$	225		$	275

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