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Other Comprehensive (Income) Loss (Tables)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Activity of Accumulated Other Comprehensive Loss
The activity for each item of accumulated other comprehensive loss is as follows:
Foreign
currency items
Pension and Other Post-Retirement Benefit PlansDerivative InstrumentsAccumulated other
comprehensive
loss
Balance - December 31, 2020$(19,024)$(27,423)$1,441 $(45,006)
Net current period change(1,421)4,576 — 3,155 
Reclassification adjustments for losses reclassified into income— 97 — 97 
Derivative instruments— — (684)(684)
Balance - December 31, 2021$(20,445)$(22,750)$757 $(42,438)
Net current period change$(4,366)$11,207 $— $6,841 
Reclassification adjustments for losses reclassified into income— 31 — 31 
Derivative instruments— — 4,016 4,016 
Balance - December 31, 2022$(24,811)$(11,512)$4,773 $(31,550)
Related Tax Effects Allocated to Each Component of Other Comprehensive (Loss) Income
The related tax effects allocated to each component of other comprehensive (loss) income for the years ended December 31, 2022 and 2021 are as follows:
2022Before Tax
Amount
Tax ExpenseAfter Tax Amount
Retirement benefits adjustment:
Net actuarial gain and prior service credit 1
$10,936 $271 $11,207 
Reclassification of actuarial loss and prior service cost to net income31 — 31 
Net unrealized gain10,967 271 11,238 
Cumulative translation adjustment(4,366)— (4,366)
Derivative instruments4,019 (3)4,016 
Total other comprehensive gain$10,620 $268 $10,888 
2021Before Tax
Amount
Tax ExpenseAfter Tax Amount
Retirement benefits adjustment:
Net actuarial loss and prior service credit$4,620 $(44)$4,576 
Reclassification of actuarial loss and prior service cost to net income97 — 97 
Net unrealized gain4,717 (44)4,673 
Cumulative translation adjustment(1,421)— (1,421)
Derivative instruments(898)214 (684)
Total other comprehensive gain$2,398 $170 $2,568 

1 Included in Net actuarial gain and prior service credit is $9.2 million US pension non-cash settlement charge as of December 31, 2022. The Company reclassified to earnings all residual tax amounts relating to its pension liability during the year ended December 31, 2022 as a result of plan termination.