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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss

The following table summarizes the changes in accumulated other comprehensive loss, net of tax, which is reported as a component of shareholders' equity, for the year ended December 31, 2019, 2018 and 2017 (in thousands):
 
Foreign Currency Translation Adjustments
 
Pension, net
 
Derivative
 
Total
Balance as of December 31, 2016
$
(62,704
)
 
$
(13,557
)
 
$

 
$
(76,261
)
Other comprehensive income
34,119

 
5,412

 

 
39,531

Balance as of December 31, 2017
(28,585
)
 
(8,145
)
 

 
(36,730
)
Other comprehensive loss
(20,523
)
 
(10,970
)
 
(1,516
)
 
(33,009
)
Balance as of December 31, 2018
(49,108
)
 
(19,115
)
 
(1,516
)
 
(69,739
)
Other comprehensive loss
(4,740
)
 
(398
)
 
(5,390
)
 
(10,528
)
Balance as of December 31, 2019
$
(53,848
)
 
$
(19,513
)
 
$
(6,906
)
 
$
(80,267
)

During the first quarter of 2019, an immaterial error was identified in the Company's calculation of currency translation adjustments related to goodwill, intangible assets and property, plant and equipment acquired in the FH acquisition.  This error impacted other comprehensive income. Specifically, other comprehensive income (loss) was overstated by $5.4 and $2.2 million for the first quarter and fiscal 2018, respectively, and was understated by $2.2 million for the first quarter of 2019.  The Company has determined that these adjustments were not material to the current or prior periods, or the forecasted 2019 results utilized in the Company's 2018 goodwill impairment analyses. These items were adjusted during the first quarter of 2019. The quarterly impact ($ in millions) in 2018 was as follows:

 
Q1
 
Q2
 
Q3
 
Q4
 
2018
Overstated (understated) comprehensive income
$
5.4

 
$
(5.1
)
 
$
(0.2
)
 
$
2.1

 
$
2.2