Other Comprehensive Earnings

9 Months Ended

Sep. 30, 2020

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Other Comprehensive Earnings

16. Other Comprehensive Earnings

The amounts recognized in other comprehensive (loss) earnings were as follows:

	Three Months Ended						Three Months Ended
	September 30, 2020						September 30, 2019
	Pre-tax		Tax		Net of tax		Pre-tax		Tax		Net of tax
Foreign currency translation adjustments	$	19,399	$	9,872	$	29,271	$	(42,931)	$	(7,934)	$	(50,865)
Pension and other post-retirement benefit plans	2,552		(421)		2,131		856		(190)		666
Changes in fair value of cash flow hedges	(627)		139		(488)		1,419		(297)		1,122
Total other comprehensive earnings (loss)	$	21,324	$	9,590	$	30,914	$	(40,656)	$	(8,421)	$	(49,077)

	Nine Months Ended						Nine Months Ended
	September 30, 2020						September 30, 2019
	Pre-tax		Tax		Net of tax		Pre-tax		Tax		Net of tax
Foreign currency translation adjustments	$	(32,475)	$	12,761	$	(19,714)	$	(8,112)	$	(7,692)	$	(15,804)
Pension and other post-retirement benefit plans	7,587		(1,408)		6,179		2,574		(572)		2,002
Changes in fair value of cash flow hedges	(4,050)		896		(3,154)		(368)		76		(292)
Total other comprehensive (loss) earnings	$	(28,938)	$	12,249	$	(16,689)	$	(5,906)	$	(8,188)	$	(14,094)

Total comprehensive earnings were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Net earnings	$	200,300	$	206,006	$	501,345	$	509,796
Other comprehensive earnings (loss)	30,914		(49,077)		(16,689)		(14,094)
Comprehensive earnings	$	231,214	$	156,929	$	484,656	$	495,702

Amounts reclassified from accumulated other comprehensive loss to earnings during the three and nine months ended September 30, 2020 and 2019 were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Foreign currency translation:
Reclassification of foreign currency translation losses to earnings for assets held for sale	$	—	$	—	$	—	$	25,339
Tax benefit	—		—		—		—
Net of tax	$	—	$	—	$	—	$	25,339
Pension and other postretirement benefit plans:
Amortization of actuarial losses	$	2,194	$	176	$	6,501	$	526
Amortization of prior service costs	358		680		1,086		2,048
Total before tax	2,552		856		7,587		2,574
Tax benefit	(421)		(190)		(1,408)		(572)
Net of tax	$	2,131	$	666	$	6,179	$	2,002
Cash flow hedges:
Net (gains) losses reclassified into earnings	$	(266)	$	730	$	402	$	(85)
Tax provision (benefit)	56		(153)		(84)		16
Net of tax	$	(210)	$	577	$	318	$	(69)

The reclassification of foreign currency translation losses to earnings during the nine months ended September 30, 2019 relates to the sale of Finder. See Note 4 — Disposed Operations for further details.

The Company recognizes the amortization of net actuarial gains and losses and prior service costs in other income, net within the Condensed Consolidated Statements of Earnings.

Cash flow hedges consist mainly of foreign currency forward contracts. The Company recognizes the realized gains and losses on its cash flow hedges in the same line item as the hedged transaction, such as revenue, cost of goods and services, or selling, general and administrative expenses.