XML 40 R30.htm IDEA: XBRL DOCUMENT v3.22.2.2
Equity (Tables)
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss Components
Net Unrecognized Pension and Other Post-Retirement Benefit CostForeign Currency Translation AdjustmentUnrealized Gain on Hedging ActivitiesTotal
(In thousands)
Balance at January 1, 2022$(85,559)$(475,125)$44,671 $(516,013)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment470 (88,927)— (88,457)
Loss on long-term intra-entity foreign currency transactions— (21,779)— (21,779)
Gain on net investment hedges— — 9,028 9,028 
Other comprehensive income (loss) before reclassifications470 (110,706)9,028 (101,208)
Amounts reclassified from Accumulated other comprehensive income (loss)629 — — 629 
Net Other comprehensive income (loss) 1,099 (110,706)9,028 (100,579)
Distribution of ESAB Corporation84,460 469,220 (53,699)499,981 
Balance at September 30, 2022$— $(116,611)$— $(116,611)
Accumulated Other Comprehensive Loss Components
Net Unrecognized Pension and Other Post-Retirement Benefit CostForeign Currency Translation AdjustmentUnrealized Gain on Hedging ActivitiesTotal
(In thousands)
Balance at January 1, 2021$(112,783)$(360,977)$21,654 $(452,106)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment1,089 (124,824)(2,582)(126,317)
Gain on long-term intra-entity foreign currency transactions— 25,933 — 25,933 
Gain on net investment hedges— — 16,655 16,655 
Other comprehensive income (loss) before reclassifications1,089 (98,891)14,073 (83,729)
Amounts reclassified from Accumulated other comprehensive loss3,193 — — 3,193 
Net Other comprehensive income (loss) 4,282 (98,891)14,073 (80,536)
Balance at October 1, 2021$(108,501)$(459,868)$35,727 $(532,642)