XML 41 R21.htm IDEA: XBRL DOCUMENT v3.20.1
Basis of Presentation and Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net
Property, plant and equipment, net is stated at cost and is set forth below:
 
 
March 31,
2020
 
December 31,
2019
 
 
(In thousands)
Land
 
$
9,338

 
$
8,919

Buildings
 
233,544

 
221,462

Machinery and equipment
 
761,300

 
775,997

Property under construction
 
271,152

 
265,715

 
 
1,275,334

 
1,272,093

Less: Accumulated depreciation
 
681,177

 
691,852

Property, Plant and Equipment, Net
 
$
594,157

 
$
580,241
Restricted Cash and Cash Equivalents
The following table provides a reconciliation of cash and cash equivalents and restricted cash and cash equivalents on our condensed consolidated balance sheets to the totals presented on our condensed consolidated statement of cash flows:
 
 
March 31,
2020
 
December 31,
2019
 
 
(In thousands)
Cash and cash equivalents
 
$
77,627

 
$
86,540

Restricted cash and cash equivalents
 
3,066

 
3,056

Restricted cash and cash equivalents included in Other Assets
 
2,849

 
2,804

Total cash and cash equivalents and restricted cash and cash equivalents as presented on our condensed consolidated statement of cash flows
 
$
83,542

 
$
92,400
Restricted Cash and Cash Equivalents
The following table provides a reconciliation of cash and cash equivalents and restricted cash and cash equivalents on our condensed consolidated balance sheets to the totals presented on our condensed consolidated statement of cash flows:
 
 
March 31,
2020
 
December 31,
2019
 
 
(In thousands)
Cash and cash equivalents
 
$
77,627

 
$
86,540

Restricted cash and cash equivalents
 
3,066

 
3,056

Restricted cash and cash equivalents included in Other Assets
 
2,849

 
2,804

Total cash and cash equivalents and restricted cash and cash equivalents as presented on our condensed consolidated statement of cash flows
 
$
83,542

 
$
92,400
Components of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive income (loss) included in Stockholders' Equity are as follows:
 
 
March 31,
2020
 
December 31,
2019
 
 
(In thousands)
Currency translation adjustments
 
$
(3,171
)
 
$
8,769

Net unrealized gain on derivative financial instruments
 
797

 
64

Unrecognized prior service cost on benefit obligations
 
(16,004
)
 
(16,614
)
Net unrealized gain (loss) on available-for-sale investments
 
(267
)
 
333

Accumulated other comprehensive income (loss)
 
$
(18,645
)
 
$
(7,448
)
Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income
The amounts reclassified out of Accumulated other comprehensive income (loss) by component and the affected condensed consolidated statements of income line items are as follows:
 
 
Three Months Ended
March 31,
 
 
 
 
2020
 
2019
 
 
Accumulated Other Comprehensive Income (Loss) Component Recognized
 
(In thousands)
 
Line Item Presented
Realized gain (loss) on derivative financial instruments
 
$
(1
)
 
$
(12
)
 
Revenues
 
 
(557
)
 
202

 
Cost of operations
 
 
(558
)
 
190

 
Total before tax
 
 
138

 
(49
)
 
Provision for Income Taxes
 
 
$
(420
)
 
$
141

 
Net Income
Amortization of prior service cost on benefit obligations
 
$
(777
)
 
$
(647
)
 
Other – net
 
 
167

 
136

 
Provision for Income Taxes
 
 
$
(610
)
 
$
(511
)
 
Net Income
Total reclassification for the period
 
$
(1,030
)
 
$
(370
)