Note 6 - Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

6.   Accumulated Other Comprehensive Loss

The following presents a tabular disclosure of changes in AOCL during the three months ended March 31, 2020 and 2019, net of tax:

	Foreign Currency Translation Adjustments				Defined Benefit Pension Plan		Unrealized Loss on Cash Flow Hedges				Total
Beginning Balance – January 1, 2020	$	(16,622	)		$	-	$	(8,295	)		$	(24,917	)
Other comprehensive loss before reclassifications		(33,214	)	(2)		-		(15,813	)	(1)		(49,027	)
Amounts reclassified from AOCL		-				-		-				-
Net current-period other comprehensive loss		(33,214	)			-		(15,813	)			(49,027	)
Ending Balance – March 31, 2020	$	(49,836	)		$	-	$	(24,108	)		$	(73,944	)

	Foreign Currency Translation Adjustments			Defined Benefit Pension Plan			Unrealized Gain (Loss) on Cash Flow Hedges				Total
Beginning Balance – January 1, 2019	$	(18,832	)	$	(10,541	)	$	5,560			$	(23,813	)
Other comprehensive loss before reclassifications		(933	)		-			(5,124	)	(3)		(6,057	)
Amounts reclassified from AOCL		-			-			-				-
Net current-period other comprehensive loss		(933	)		-			(5,124	)			(6,057	)
Ending Balance – March 31, 2019	$	(19,765	)	$	(10,541	)	$	436			$	(29,870	)

(1) Represents unrealized losses of $(21,154), net of tax effect of $5,341 for the three months ended March 31, 2020.

(2)	Represents the unfavorable impact from the strengthening of the U.S. dollar against foreign currencies during the three months ended March 31, 2020, particularly the Mexican Peso, Euro, Brazilian Real, and Russian Ruble.
(3)	Represents unrealized losses of $(6,924), net of tax effect of $1,800 for the three months ended March 31, 2019.