Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2019

A summary of AOCI(L) for the first quarter of 2019 and the first quarter of 2018 is as follows:

(in thousands)	December 30, 2018			Pre-tax Activity			Tax Effect			March 31, 2019
Reclassification of stranded tax effects	$	-		$	-		$	(19,720	)	$	(19,720	)
Net pension activity:
Actuarial loss		(72,690	)		901			(222	)		(72,011	)
Prior service costs		(24	)		5			(1	)		(20	)
Net postretirement benefits activity:
Actuarial loss		(4,902	)		196			(48	)		(4,754	)
Prior service costs		351			(324	)		80			107
Foreign currency translation adjustment		-			(10	)		1			(9	)
Total AOCI(L)	$	(77,265	)	$	768		$	(19,910	)	$	(96,407	)

(in thousands)	December 31, 2017			Pre-tax Activity			Tax Effect			April 1, 2018
Net pension activity:
Actuarial loss	$	(78,618	)	$	933		$	(230	)	$	(77,915	)
Prior service costs		(43	)		6			(2	)		(39	)
Net postretirement benefits activity:
Actuarial loss		(17,299	)		499			(122	)		(16,922	)
Prior service costs		1,744			(462	)		114			1,396
Foreign currency translation adjustment		14			4			(1	)		17
Total AOCI(L)	$	(94,202	)	$	980		$	(241	)	$	(93,463	)

A summary of the impact of AOCI(L) on certain statements of operations line items is as follows:

	First Quarter 2019
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment			Total
Cost of sales	$	263	$	(67	)	$	-		$	196
Selling, delivery and administrative expenses		643		(61	)		(10	)		572
Subtotal pre-tax		906		(128	)		(10	)		768
Income tax expense		223		(32	)		(1	)		190
Total after tax effect	$	683	$	(96	)	$	(9	)	$	578

	First Quarter 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment		Total
Cost of sales	$	216	$	6	$	-	$	222
Selling, delivery and administrative expenses		723		31		4		758
Subtotal pre-tax		939		37		4		980
Income tax expense		232		8		1		241
Total after tax effect	$	707	$	29	$	3	$	739