Other Comprehensive Earnings

6 Months Ended

Jun. 30, 2022

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

Other Comprehensive Earnings

15. Other Comprehensive Earnings

Amounts reclassified from accumulated other comprehensive loss to earnings during the three and six months ended June 30, 2022 and 2021 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Foreign currency translation:
Reclassification of foreign currency translation losses to earnings for the substantial liquidation of businesses	$	—	$	—	$	5,915	$	—
Tax benefit	—		—		—		—
Net of tax	$	—	$	—	$	5,915	$	—
Pension plans:
Amortization of actuarial losses	$	499	$	3,074	$	1,020	$	6,159
Amortization of prior service costs	274		277		542		548
Total before tax	773		3,351		1,562		6,707
Tax benefit	(202)		(774)		(410)		(1,548)
Net of tax	$	571	$	2,577	$	1,152	$	5,159
Cash flow hedges:
Net gains reclassified into earnings	$	(1,345)	$	(1,877)	$	(3,374)	$	(3,710)
Tax provision	300		417		753		839
Net of tax	$	(1,045)	$	(1,460)	$	(2,621)	$	(2,871)

Foreign currency translation losses were recognized in selling, general and administrative expenses within the Condensed Consolidated Statement of Earnings as a result of the substantial liquidation of certain businesses.

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.