Supplemental Balance Sheet and Income Statement Information

6 Months Ended

Jun. 30, 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:

	June 30,		December 31,
	2021		2020
	(In thousands)
Accrued compensation	$	71,278	$	82,462
Deferred revenue and proceeds on insurance and asset sales		69,654		61,473
Other taxes payable		29,027		28,602
Workers’ compensation liabilities		7,788		7,788
Interest payable		70,245		62,935
Litigation reserves		14,621		13,976
Dividends declared and payable		—		3,653
Other accrued liabilities		8,277		15,196
	$	270,890	$	276,085

Investment income (loss) includes the following:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2021		2020		2021		2020
	(In thousands)
Interest and dividend income	$	(290)	$	1,230	$	1,003	$	3,603
Gains (losses) on marketable securities		228		806		198		(4,765)
	$	(62)	$	2,036	$	1,201	$	(1,162)

Other, net included the following:

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2021		2020		2021		2020
	(In thousands)
Losses (gains) on sales, disposals and involuntary conversions of long-lived assets		$	8,965	$	1,037	$	17,488	$	2,428
Litigation expenses and reserves			1,847		1,412		3,341		2,112
Foreign currency transaction losses (gains)			148		2,727		2,527		2,082
(Gain) loss on debt buyback			(123)		(35,936)		(8,185)		(51,678)
Other losses (gains)			(4,250)		(35)		(3,721)		(2,849)
		$	6,587	$	(30,795)	$	11,450	$	(47,905)

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		—		—		(10,694)		(10,694)
Amounts reclassified from accumulated other comprehensive income (loss)		214		80		—		294
Net other comprehensive income (loss)		214		80		(10,694)		(10,400)
As of June 30, 2020	$	149	$	(3,698)	$	(18,639)	$	(22,188)

(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)		4,320		2,420
Amounts reclassified from accumulated other comprehensive income (loss)		—		80		—		80
Net other comprehensive income (loss)		—		(1,820)		4,320		2,500
As of June 30, 2021	$	2	$	(5,436)	$	(3,190)	$	(8,624)

(1) All amounts are net of tax.

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

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2021		2020		2021		2020
	(In thousands)
Interest expense		$	—	$	142	$	—	$	284
General and administrative expenses			52		52		104		104
Total income (loss) from continuing operations before income tax			(52)		(194)		(104)		(388)
Tax expense (benefit)			(12)		(47)		(24)		(94)
Reclassification adjustment for (gains)/ losses included in net income (loss)		$	(40)	$	(147)	$	(80)	$	(294)