Note 17 - Changes in Accumulated Other Comprehensive Income (Loss) by Component

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

17. Changes in Accumulated Other Comprehensive Income (Loss) by Component

Changes to accumulated other comprehensive income (loss) by component for the three months ended March 31, 2023 are as follows:

	Unrealized
	Net Gain (Loss)			Retiree
	on Interest			Health
	Rate			Benefit
	Swap			Obligation			Total
Balance at December 31, 2022	$	6,115		$	3,013		$	9,128
Other comprehensive loss before reclassifications		(871	)		—			(871	)
Amounts reclassified from accumulated other comprehensive income (loss): (1)		(665	)		(53	)		(718	)
Balance at March 31, 2023	$	4,579		$	2,960		$	7,539
(1) Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of Other Postretirement Benefit items:
Actuarial gains	$	(72	)
Tax expense		19
Reclassification net of tax	$	(53	)
Realized gains on interest rate swaps reclassified to interest expense	$	(899	)
Tax expense		234
Reclassification net of tax	$	(665	)

Changes to accumulated other comprehensive income (loss) by component for the three months ended March 31, 2022, are as follows:​

	Unrealized
	Net Gain (Loss)			Retiree
	on Interest			Health
	Rate			Benefit
	Swap			Obligation			Total
Balance at December 31, 2021	$	(3,524	)	$	2,471		$	(1,053	)
Other comprehensive gain before reclassifications		3,517			—			3,517
Amounts reclassified from accumulated other comprehensive income (loss): (1)		762			(41	)		721
Balance at March 31, 2022	$	755		$	2,430		$	3,185
(1) Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of Other Postretirement Benefit items:
Actuarial gains	$	(55	)
Tax expense		14
Reclassification net of tax	$	(41	)
Realized losses on interest rate swaps reclassified to interest expense	$	1,030
Tax benefit		(268	)
Reclassification net of tax	$	762