Accumulated Other Comprehensive (Loss) Income (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Accumulated Other Comprehensive (Loss) Income

The activity in AOCI for the years ended December 31, 2021, 2020 and 2019 is as follows:

	2021		2020		2019
Pension and other postretirement benefits:	(In thousands)
Balance at beginning of period, net of tax	$	(3,325)	$	(4,758)	$	(8,027)
Gain (loss) arising during the period	6,786		(317)		1,180
Less: Tax (benefit) expense	(35)		25		3
Net gain (loss) arising during the period	6,821		(342)		1,177
Amortization of net loss and prior service cost (1)	1,508		1,775		2,092
Net amount reclassified from AOCI to net (loss) income	1,508		1,775		2,092
Other comprehensive income , net of tax	8,329		1,433		3,269
Balance at end of period, net of tax	5,004		(3,325)		(4,758)
Foreign currency translation adjustments:
Balance at beginning of period, net of tax	3,234		(6,710)		(3,322)
(Loss) gain on foreign currency translation	(6,315)		9,944		(783)
Derecognition of cumulative foreign currency translation gain upon sale of partially owned entities (2)	—		—		(2,605)
Net (loss) gain on foreign currency translation	(6,315)		9,944		(3,388)
Balance at end of period, net of tax	(3,081)		3,234		(6,710)
Designated derivatives:
Balance at beginning of period, net of tax	(4,288)		(2,658)		(1,166)
Unrealized gain (loss) on cash flow hedge derivatives	11,626		(30,168)		(1,450)
Unrealized gain on net investment hedge derivative	—		5,250		—
Less: Tax expense	—		—		—
Net gain (loss) designated derivatives	11,626		(24,918)		(1,450)
Net amount reclassified from AOCI to net (loss) income (interest expense)	175		3,442		(306)
Net amount reclassified from AOCI to net (loss) income (loss on debt extinguishment, modifications and termination of derivative instruments)	2,681		7,688		—
Net amount reclassified from AOCI to net (loss) income (foreign exchange (gain) loss, net)	(7,595)		12,158		264
Balance at end of period, net of tax	2,599		(4,288)		(2,658)
Accumulated other comprehensive gain (loss)	$	4,522	$	(4,379)	$	(14,126)

(1)Amounts reclassified from AOCI for pension liabilities are recorded in selling, general, and administrative expenses in the Consolidated Statements of Operations.

(2)Amount reclassified from AOCI for the derecognition of cumulative foreign currency translation gain related to the sale of partially owned entities is recognized in Gain from sale of partially owned entities in the Consolidated Statements of Operations.