Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2021

Schedule of Changes in Accumulated Other Comprehensive Income (Losses)

The following table sets forth details of the changes in accumulated other comprehensive income (losses) for the three months and nine months ended September 30, 2021 and 2020.


In thousands	Currency translation adjustments		Unrealized gain (loss) on cash flow hedges		Change in pensions		Change in other postretirement defined benefit plans		Total

Balance at July 1, 2021	$	(51,872)	$	449	$	(12,509)	$	(881)	$	(64,813)
Other comprehensive income (loss) before reclassifications (net of tax)	(11,484)		454		269		—		(10,761)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(58)		154		(47)		49
Net current period other comprehensive income (loss)	(11,484)		396		423		(47)		(10,712)
Balance at September 30, 2021	$	(63,356)	$	845	$	(12,086)	$	(928)	$	(75,525)

Balance at July 1, 2020	$	(84,358)	$	2,447	$	(6,956)	$	890	$	(87,977)
Other comprehensive income before reclassifications (net of tax)	17,836		(1,850)		365		—		16,351
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(985)		153		(248)		(1,080)
Net current period other comprehensive income (loss)	17,836		(2,835)		518		(248)		15,271
Balance at September 30, 2020	$	(66,522)	$	(388)	$	(6,438)	$	642	$	(72,706)


Balance at January 1, 2021	$	(42,525)	$	(2,496)	$	(12,844)	$	(788)	$	(58,653)
Other comprehensive income (loss) before reclassifications (net of tax)	(20,831)		3,387		269		—		(17,175)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(46)		489		(140)		303
Net current period other comprehensive income (loss)	(20,831)		3,341		758		(140)		(16,872)
Balance at September 30, 2021	$	(63,356)	$	845	$	(12,086)	$	(928)	$	(75,525)

Balance at January 1, 2020	$	(76,346)	$	4,316	$	(7,253)	$	1,387	$	(77,896)
Other comprehensive income (loss) before reclassifications (net of tax)	9,824		(1,051)		365		—		9,138
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(3,653)		450		(745)		(3,948)
Net current period other comprehensive income (loss)	9,824		(4,704)		815		(745)		5,190
Balance at September 30, 2020	$	(66,522)	$	(388)	$	(6,438)	$	642	$	(72,706)

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income and Into the Condensed Consolidated Statements of Income

Reclassifications out of accumulated other comprehensive income and into the condensed consolidated statements of income were as follows:


	Three months ended September 30				Nine months ended September 30
In thousands	2021		2020		2021		2020
Description									Line Item in Statements of Income
Cash flow hedges (Note 18)
Gains on cash flow hedges	$	(67)	$	(1,345)	$	(10)	$	(5,015)	Costs of products sold
Tax expense (benefit)	(5)		360		(78)		1,362		Income tax provision
Net of tax	(72)		(985)		(88)		(3,653)

Loss on interest rate swaps	21		—		64		—		Interest expense
Tax benefit	(7)		—		(22)		—		Income tax provision
Net of tax	14		—		42		—
Total cash flow hedges	(58)		(985)		(46)		(3,653)
Retirement plan obligations (Note 10)
Amortization of deferred benefit pension plans
Prior service costs	12		12		36		35		Other, net
Actuarial losses	199		164		597		485		Other, net
	211		176		633		520
Tax benefit	(57)		(23)		(144)		(70)		Income tax provision
Net of tax	154		153		489		450
Amortization of deferred benefit other plans
Prior service credits	(58)		(115)		(175)		(347)		Other, net
Actuarial losses (gains)	11		(209)		35		(626)		Other, net
	(47)		(324)		(140)		(973)
Tax expense	—		76		—		228		Income tax provision
Net of tax	(47)		(248)		(140)		(745)
Total reclassifications, net of tax	$	49	$	(1,080)	$	303	$	(3,948)