Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2020

Accumulated Other Comprehensive Income (Loss) [Line Items]

Comprehensive Income (Loss) Note [Text Block]

Accumulated Other Comprehensive Income (Loss)

The components of Accumulated Other Comprehensive Income (Loss) are as follows (in thousands):

	Three Months Ended
	June 30, 2020
	Foreign Currency Translation		Unrealized (Loss) Gain on Cash Flow Hedges		Unrealized (Loss) Gain on Pension Plans		Other Comprehensive (Loss) Income from Unconsolidated Subsidiaries		Accumulated Other Comprehensive (Loss) Income
Beginning balance	$	(274,858)	$	(1,963)	$	(31,814)	$	(5,268)	$	(313,903)
Pretax income (loss)	30,663		(7,807)		—		—		22,856
Income tax effect	—		1,842		—		—		1,842
Reclassification of unrealized loss	—		7,761		2,655		—		10,416
Reclassification of deferred income taxes	—		(1,827)		(780)		—		(2,607)
Disposal of business	671		—		—		—		671
Other comprehensive income from unconsolidated subsidiaries	—		—		—		962		962
Ending balance	$	(243,524)	$	(1,994)	$	(29,939)	$	(4,306)	$	(279,763)

	Three Months Ended
	June 30, 2019
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized (Loss) Gain on Pension Plans		Other Comprehensive (Loss) Income from Unconsolidated Subsidiaries		Accumulated Other Comprehensive (Loss) Income
Beginning balance	$	(187,492)	$	11,637	$	(7,884)	$	(7,115)	$	(190,854)
Pretax income (loss)	5,602		(9,418)		—		—		(3,816)
Income tax effect	—		2,230		—		—		2,230
Reclassification of unrealized loss	—		2,013		37		—		2,050
Reclassification of deferred income taxes	—		(475)		(9)		—		(484)
Other comprehensive income from unconsolidated subsidiaries	—		—		—		2,321		2,321
Ending balance	$	(181,890)	$	5,987	$	(7,856)	$	(4,794)	$	(188,553)

	Six Months Ended
	June 30, 2020
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized (Loss) Gain on Pension Plans		Other Comprehensive Loss from Unconsolidated Subsidiaries		Accumulated Other Comprehensive (Loss) Income
Beginning balance	$	(170,893)	$	5,358	$	(31,934)	$	(3,416)	$	(200,885)
Pretax loss	(73,397)		(3,625)		—		—		(77,022)
Income tax effect	—		858		—		—		858
Reclassification of unrealized (gain) loss	—		(5,946)		2,769		—		(3,177)
Reclassification of deferred income taxes	—		1,361		(774)		—		587
Disposal of business	766		—		—		—		766
Other comprehensive loss from unconsolidated subsidiaries	—		—		—		(890)		(890)
Ending balance	$	(243,524)	$	(1,994)	$	(29,939)	$	(4,306)	$	(279,763)

	Six Months Ended
	June 30, 2019
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized (Loss) Gain on Pension Plans		Other Comprehensive Loss from Unconsolidated Subsidiaries		Accumulated Other Comprehensive (Loss) Income
Beginning balance	$	(177,597)	$	14,374	$	(8,075)	$	(3,652)	$	(174,950)
Pretax (loss) income	(4,293)		6,175		—		—		1,882
Income tax effect	—		(1,424)		—		—		(1,424)
Reclassification of unrealized (gain) loss	—		(17,175)		290		—		(16,885)
Reclassification of deferred income taxes	—		4,037		(71)		—		3,966
Other comprehensive loss from unconsolidated subsidiaries	—		—		—		(1,142)		(1,142)
Ending balance	$	(181,890)	$	5,987	$	(7,856)	$	(4,794)	$	(188,553)

The amounts of unrealized gains and losses on our Cash Flow Hedges reclassified to our Unaudited Condensed Consolidated Statements of Income are as follows (in thousands):

		Three Months Ended				Six Months Ended
		June 30,				June 30,
	Classification	2020		2019		2020		2019
Unrealized (losses) gains on interest rate swaps	Interest expense, net of interest income	$	(1,769)	$	1,763	$	1,527	$	3,455
Unrealized gains on cross currency swaps	Interest expense, net of interest income	2,796		4,319		5,347		8,649
Unrealized (losses) gains on cross currency swaps (1)	Other income, net	(8,788)		(8,095)		(928)		5,071
Total		$	(7,761)	$	(2,013)	$	5,946	$	17,175

(1)The amounts reclassified to Other income, net in our Unaudited Condensed Consolidated Statements of Income offset the impact of the remeasurement of the underlying transactions.

Net unrealized losses related to our pension plans were reclassified to Other income, net in our Consolidated Statements of Income during each of the six months ended June 30, 2020 and 2019.

Our policy is to reclassify the income tax effect from Accumulated other comprehensive income (loss) to the Provision for income taxes when the related gains and losses are released to the Unaudited Condensed Consolidated Statements of Income.

Accumulated Other Comprehensive Income (Loss)

The components of Accumulated Other Comprehensive Income (Loss) are as follows (in thousands):

	Three Months Ended
	June 30, 2020
	Foreign Currency Translation		Unrealized (Loss) Gain on Cash Flow Hedges		Unrealized (Loss) Gain on Pension Plans		Other Comprehensive (Loss) Income from Unconsolidated Subsidiaries		Accumulated Other Comprehensive (Loss) Income
Beginning balance	$	(274,858)	$	(1,963)	$	(31,814)	$	(5,268)	$	(313,903)
Pretax income (loss)	30,663		(7,807)		—		—		22,856
Income tax effect	—		1,842		—		—		1,842
Reclassification of unrealized loss	—		7,761		2,655		—		10,416
Reclassification of deferred income taxes	—		(1,827)		(780)		—		(2,607)
Disposal of business	671		—		—		—		671
Other comprehensive income from unconsolidated subsidiaries	—		—		—		962		962
Ending balance	$	(243,524)	$	(1,994)	$	(29,939)	$	(4,306)	$	(279,763)

	Three Months Ended
	June 30, 2019
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized (Loss) Gain on Pension Plans		Other Comprehensive (Loss) Income from Unconsolidated Subsidiaries		Accumulated Other Comprehensive (Loss) Income
Beginning balance	$	(187,492)	$	11,637	$	(7,884)	$	(7,115)	$	(190,854)
Pretax income (loss)	5,602		(9,418)		—		—		(3,816)
Income tax effect	—		2,230		—		—		2,230
Reclassification of unrealized loss	—		2,013		37		—		2,050
Reclassification of deferred income taxes	—		(475)		(9)		—		(484)
Other comprehensive income from unconsolidated subsidiaries	—		—		—		2,321		2,321
Ending balance	$	(181,890)	$	5,987	$	(7,856)	$	(4,794)	$	(188,553)

	Six Months Ended
	June 30, 2020
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized (Loss) Gain on Pension Plans		Other Comprehensive Loss from Unconsolidated Subsidiaries		Accumulated Other Comprehensive (Loss) Income
Beginning balance	$	(170,893)	$	5,358	$	(31,934)	$	(3,416)	$	(200,885)
Pretax loss	(73,397)		(3,625)		—		—		(77,022)
Income tax effect	—		858		—		—		858
Reclassification of unrealized (gain) loss	—		(5,946)		2,769		—		(3,177)
Reclassification of deferred income taxes	—		1,361		(774)		—		587
Disposal of business	766		—		—		—		766
Other comprehensive loss from unconsolidated subsidiaries	—		—		—		(890)		(890)
Ending balance	$	(243,524)	$	(1,994)	$	(29,939)	$	(4,306)	$	(279,763)

	Six Months Ended
	June 30, 2019
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized (Loss) Gain on Pension Plans		Other Comprehensive Loss from Unconsolidated Subsidiaries		Accumulated Other Comprehensive (Loss) Income
Beginning balance	$	(177,597)	$	14,374	$	(8,075)	$	(3,652)	$	(174,950)
Pretax (loss) income	(4,293)		6,175		—		—		1,882
Income tax effect	—		(1,424)		—		—		(1,424)
Reclassification of unrealized (gain) loss	—		(17,175)		290		—		(16,885)
Reclassification of deferred income taxes	—		4,037		(71)		—		3,966
Other comprehensive loss from unconsolidated subsidiaries	—		—		—		(1,142)		(1,142)
Ending balance	$	(181,890)	$	5,987	$	(7,856)	$	(4,794)	$	(188,553)