Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2022

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 six months ended June 30, 2022 and 2021.


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

Balance at April 1, 2022	$	(80,672)	$	1,631	$	(11,356)	$	(1,027)	$	(91,424)
Other comprehensive income (loss) before reclassifications (net of tax)	(28,675)		9,760		—		—		(18,915)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(1,226)		126		26		(1,074)
Net current period other comprehensive income (loss)	(28,675)		8,534		126		26		(19,989)
Balance at June 30, 2022	$	(109,347)	$	10,165	$	(11,230)	$	(1,001)	$	(111,413)

Balance at April 1, 2021	$	(55,718)	$	765	$	(12,706)	$	(834)	$	(68,493)
Other comprehensive income (loss) before reclassifications (net of tax)	3,846		(341)		—		—		3,505
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		25		197		(47)		175
Net current period other comprehensive income (loss)	3,846		(316)		197		(47)		3,680
Balance at June 30, 2021	$	(51,872)	$	449	$	(12,509)	$	(881)	$	(64,813)

Balance at January 1, 2022	$	(69,757)	$	1,988	$	(11,482)	$	(1,053)	$	(80,304)
Other comprehensive income (loss) before reclassifications (net of tax)	(39,590)		10,143		—		—		(29,447)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(1,966)		252		52		(1,662)
Net current period other comprehensive income (loss)	(39,590)		8,177		252		52		(31,109)
Balance at June 30, 2022	$	(109,347)	$	10,165	$	(11,230)	$	(1,001)	$	(111,413)

Balance at January 1, 2021	$	(42,525)	$	(2,496)	$	(12,844)	$	(788)	$	(58,653)
Other comprehensive income (loss) before reclassifications (net of tax)	(9,347)		2,933		—		—		(6,414)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		12		335		(93)		254
Net current period other comprehensive income (loss)	(9,347)		2,945		335		(93)		(6,160)
Balance at June 30, 2021	$	(51,872)	$	449	$	(12,509)	$	(881)	$	(64,813)

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 June 30,				Six months ended June 30,
In thousands	2022		2021		2022		2021
Description									Line Item in Statements of Income
Cash flow hedges (Note 18)
Loss (gains) on cash flow hedges	$	(1,697)	$	33	$	(2,769)	$	57	Costs of products sold
Tax expense (benefit)	480		(22)		792		(73)		Income tax provision
Net of tax	(1,217)		11		(1,977)		(16)

Loss (gains) on interest rate swaps	(9)		22		11		43		Interest expense
Tax benefit	—		(8)		—		(15)		Income tax provision
Net of tax	(9)		14		11		28
Total cash flow hedges	(1,226)		25		(1,966)		12

Retirement plan obligations (Note 11)
Amortization of deferred benefit pension plans
Prior service costs	11		12		22		24		Other, net
Actuarial losses	164		199		331		398		Other, net
	175		211		353		422
Tax benefit	(49)		(14)		(101)		(87)		Income tax provision
Net of tax	126		197		252		335
Amortization of deferred benefit other plans
Prior service costs (credits)	26		(59)		52		(117)		Other, net
Actuarial losses	—		12		—		24		Other, net
	26		(47)		52		(93)
Tax expense	—		—		—		—		Income tax provision
Net of tax	26		(47)		52		(93)
Total reclassifications, net of tax	$	(1,074)	$	175	$	(1,662)	$	254