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Stockholders' Equity
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Stockholders' Equity STOCKHOLDERS' EQUITY

Capital stock—The following is a summary of our capital stock activity:
(in thousands)
Common Stock
December 31, 2017

Issuance of common stock at the Separation
77,340

Shares issued—share-based compensation
13

December 31, 2018
77,353

Shares issued—share-based compensation
107

December 31, 2019
77,460



We have 250 million shares of preferred stock authorized, with a par value of $0.01 per share. No shares of preferred stock were outstanding as of December 31, 2019, 2018 or 2017.

Accumulated other comprehensive loss—Accumulated other comprehensive loss consisted of the following:
(in thousands)
Foreign Currency Translation
 
Defined Pension and Other Post-Retirement Benefits
 
Accumulated Other Comprehensive Loss
December 31, 2017
$
(21,936
)
 
$
(4,480
)
 
$
(26,416
)
Reclassification adjustment for cumulative effect of change in accounting principle

 
(1,315
)
 
(1,315
)
Net transfer from Dover

 
(2,421
)
 
(2,421
)
Other comprehensive income (loss) before reclassifications, net of tax
(14,210
)
 
856

 
(13,354
)
Reclassification adjustment for net losses included in net income, net of tax

 
600

 
600

Other comprehensive income (loss), net of tax
(14,210
)
 
1,456

 
(12,754
)
December 31, 2018
(36,146
)
 
(6,760
)
 
(42,906
)
Other comprehensive income (loss) before reclassifications, net of tax
936

 
(2,711
)
 
(1,775
)
Reclassification adjustment for net losses included in net income, net of tax

 
644

 
644

Other comprehensive income (loss), net of tax
936

 
(2,067
)
 
(1,131
)
December 31, 2019
$
(35,210
)
 
$
(8,827
)
 
$
(44,037
)


Reclassifications from accumulated comprehensive loss—Reclassification adjustments from accumulated other comprehensive loss to net income related to defined pension and other post-retirement benefits consisted of the following:
 
Years Ended December 31,
 
Affected line items on the consolidated statements of income
(in thousands)
2019
 
2018
 
2017
 
Amortization of actuarial loss and net transition obligation(1)
$
364

 
$
330

 
$
397

 
Other expense, net
Amortization of prior service cost (1)
2

 
1

 
2

 
Other expense, net
Settlement loss (1)
508

 
479

 

 
Other expense, net
 
874

 
810

 
399

 
Income before income taxes
 
(230
)
 
(210
)
 
(141
)
 
Provision for (benefit from) income taxes
 
$
644

 
$
600

 
$
258

 
Net income
_______________________
(1)
These accumulated comprehensive loss components are included in the computation of net periodic benefit cost (See Note 17—Employee Benefit Plans for additional information).