XML 30 R15.htm IDEA: XBRL DOCUMENT v3.19.2
Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Accumulated other comprehensive loss Accumulated other comprehensive loss

The following table summarizes the components of, and the changes in, Accumulated Other Comprehensive Loss (AOCL), net of tax (in thousands):
 
Retirement Plans
 
Foreign Currency Translation
 
Total
Quarters Ended:
 
 
 
 
 
Balance at Mar. 31, 2019
$
(135,824
)
 
$
392

 
$
(135,432
)
Other comprehensive income before reclassifications

 
(353
)
 
(353
)
Amounts reclassified from AOCL
1,591

 

 
1,591

Total other comprehensive income
1,591

 
(353
)
 
1,238

Balance at June 30, 2019
$
(134,233
)
 
$
39

 
$
(134,194
)
 
 
 
 
 
 
Balance at Mar. 31, 2018
$
(126,257
)
 
$
264

 
$
(125,993
)
Other comprehensive income before reclassifications

 
283

 
283

Amounts reclassified from AOCL
969

 

 
969

Total other comprehensive income
969

 
283

 
1,252

Balance at June 30, 2018
$
(125,288
)
 
$
547

 
$
(124,741
)
 
 
 
 
 
 
 
Retirement Plans
 
Foreign Currency Translation
 
Total
Six Months Ended:
 
 
 
 
 
Balance at Dec. 31, 2018
$
(136,893
)
 
$
382

 
$
(136,511
)
Other comprehensive income before reclassifications

 
(343
)
 
(343
)
Amounts reclassified from AOCL
2,660

 

 
2,660

Total other comprehensive income
2,660

 
(343
)
 
2,317

Balance at June 30, 2019
$
(134,233
)
 
$
39

 
$
(134,194
)
 
 
 
 
 
 
Balance at Dec. 31, 2017
$
(107,037
)
 
$
114

 
$
(106,923
)
Other comprehensive income before reclassifications

 
433

 
433

Amounts reclassified from AOCL
6,593

 

 
6,593

Other comprehensive income
6,593

 
433

 
7,026

Reclassification of stranded tax effects to retained earnings
(24,844
)
 

 
(24,844
)
Balance at June 30, 2018
$
(125,288
)
 
$
547

 
$
(124,741
)

Reclassifications from AOCL to the Consolidated Statements of Income are comprised of pension and other post-retirement components. Pension and other post retirement reclassifications are related to the amortization of prior service costs, amortization of actuarial losses, and pension payment timing related charges related to our SERP plan. Amounts reclassified out of AOCL are summarized below (in thousands):
 
Quarter ended June 30,
 
Six months ended June 30,
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
Amortization of prior service credit, net
$
(115
)
 
$
(101
)
 
$
(240
)
 
$
(201
)
Amortization of actuarial loss
1,552

 
1,403

 
3,102

 
2,753

Pension payment timing related charges
686

 

 
686

 
6,300

Total reclassifications, before tax
2,123

 
1,302

 
3,548

 
8,852

Income tax effect
(532
)
 
(333
)
 
(888
)
 
(2,259
)
Total reclassifications, net of tax
$
1,591

 
$
969

 
$
2,660

 
$
6,593