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Accumulated other comprehensive loss (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of 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

 

 

Total

 

Quarter ended:

 

 

 

 

 

 

 

 

Balance as of March 31, 2025

$

(106,153

)

 

$

532

 

 

$

(105,621

)

Amounts reclassified from AOCL

 

1,089

 

 

 

 

 

 

1,089

 

Total other comprehensive income

 

1,089

 

 

 

 

 

 

1,089

 

Balance as of June 30, 2025

$

(105,064

)

 

$

532

 

 

$

(104,532

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of March 31, 2024

$

(119,031

)

 

$

532

 

 

$

(118,499

)

Amounts reclassified from AOCL

 

1,110

 

 

 

 

 

 

1,110

 

Total other comprehensive income

 

1,110

 

 

 

 

 

 

1,110

 

Balance as of June 30, 2024

$

(117,921

)

 

$

532

 

 

$

(117,389

)

 

 

 

 

 

 

 

 

 

Six Months Ended:

 

 

 

 

 

 

 

 

Balance as of Dec. 31, 2024

$

(107,176

)

 

$

532

 

 

$

(106,644

)

Amounts reclassified from AOCL

 

2,112

 

 

 

 

 

 

2,112

 

Total other comprehensive income

 

2,112

 

 

 

 

 

 

2,112

 

Balance as of June 30, 2025

$

(105,064

)

 

$

532

 

 

$

(104,532

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of Dec. 31, 2023

$

(120,142

)

 

$

532

 

 

$

(119,610

)

Amounts reclassified from AOCL

 

2,221

 

 

 

 

 

 

2,221

 

Total other comprehensive income

 

2,221

 

 

 

 

 

 

2,221

 

Balance as of June 30, 2024

$

(117,921

)

 

$

532

 

 

$

(117,389

)

Schedule of Reclassification out of Accumulated Other Comprehensive Loss Amounts reclassified out of AOCL are summarized below (in thousands):

 

 

Quarter ended June 30,

 

 

Six months ended June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of prior service (credit) cost

$

(67

)

 

$

20

 

 

$

(117

)

 

$

45

 

Amortization of actuarial loss

 

1,530

 

 

 

1,475

 

 

 

2,955

 

 

 

2,950

 

Total reclassifications, before tax

 

1,463

 

 

 

1,495

 

 

 

2,838

 

 

 

2,995

 

Income tax effect

 

(374

)

 

 

(385

)

 

 

(726

)

 

 

(774

)

Total reclassifications, net of tax

$

1,089

 

 

$

1,110

 

 

$

2,112

 

 

$

2,221