Supplemental Balance Sheet and Income Statement Information

3 Months Ended

Mar. 31, 2021

Supplemental Balance Sheet and Income Statement Information

Supplemental Balance Sheet and Income Statement Information

Note 11 Supplemental Balance Sheet and Income Statement Information

Accrued liabilities included the following:

	March 31,		December 31,
	2021		2020
	(In thousands)
Accrued compensation	$	64,364	$	82,462
Deferred revenue and proceeds on insurance and asset sales		71,566		61,473
Other taxes payable		20,170		28,602
Workers’ compensation liabilities		7,788		7,788
Interest payable		31,270		62,935
Litigation reserves		13,574		13,976
Dividends declared and payable		3,653		3,653
Other accrued liabilities		9,976		15,196
	$	222,361	$	276,085

Investment income (loss) includes the following:

	Three Months Ended
	March 31,
	2021		2020
	(In thousands)
Interest and dividend income	$	1,293	$	2,373
Gains (losses) on marketable securities		(30)		(5,571)
	$	1,263	$	(3,198)

Other, net included the following:

		Three Months Ended
		March 31,
		2021		2020
	(In thousands)
Losses (gains) on sales, disposals and involuntary conversions of long-lived assets		$	8,522	$	1,391
Litigation expenses and reserves			1,494		700
Foreign currency transaction losses (gains)			2,379		(645)
(Gain) loss on debt buyback			(8,062)		(15,742)
Other losses (gains)			530		(2,814)
		$	4,863	$	(17,110)

The changes in accumulated other comprehensive income (loss), by component, included the following:

	Gains		Defined
	(losses) on		benefit		Foreign
	cash flow		pension plan		currency
	hedges		items		items		Total
	(In thousands (1) )
As of January 1, 2020	$	(65)	$	(3,778)	$	(7,945)	$	(11,788)
Other comprehensive income (loss) before reclassifications		—		—		(17,365)		(17,365)
Amounts reclassified from accumulated other comprehensive income (loss)		107		40		—		147
Net other comprehensive income (loss)		107		40		(17,365)		(17,218)
As of March 31, 2020	$	42	$	(3,738)	$	(25,310)	$	(29,006)

(1) All amounts are net of tax.

	Gains		Defined
	(losses) on		benefit		Foreign
	cash flow		pension plan		currency
	hedges		items		items		Total
	(In thousands (1) )
As of January 1, 2021	$	2	$	(3,616)	$	(7,510)	$	(11,124)
Other comprehensive income (loss) before reclassifications		—		(1,900)		2,228		328
Amounts reclassified from accumulated other comprehensive income (loss)		—		40		—		40
Net other comprehensive income (loss)		—		(1,860)		2,228		368
As of March 31, 2021	$	2	$	(5,476)	$	(5,282)	$	(10,756)

(1) All amounts are net of tax.

The line items that were reclassified to net income included the following:

		Three Months Ended
		March 31,
		2021		2020
	(In thousands)
Interest expense		$	—	$	142
General and administrative expenses			52		52
Total income (loss) from continuing operations before income tax			(52)		(194)
Tax expense (benefit)			(12)		(47)
Reclassification adjustment for (gains)/ losses included in net income (loss)		$	(40)	$	(147)