Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 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 nine months ended September 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 July 1, 2022	$	(109,347)	$	10,165	$	(11,230)	$	(1,001)	$	(111,413)
Other comprehensive income (loss) before reclassifications (net of tax)	(24,394)		7,665		—		—		(16,729)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(1,794)		207		26		(1,561)
Net current period other comprehensive income (loss)	(24,394)		5,871		207		26		(18,290)
Balance at September 30, 2022	$	(133,741)	$	16,036	$	(11,023)	$	(975)	$	(129,703)

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 January 1, 2022	$	(69,757)	$	1,988	$	(11,482)	$	(1,053)	$	(80,304)
Other comprehensive income (loss) before reclassifications (net of tax)	(63,984)		17,808		—		—		(46,176)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(3,760)		459		78		(3,223)
Net current period other comprehensive income (loss)	(63,984)		14,048		459		78		(49,399)
Balance at September 30, 2022	$	(133,741)	$	16,036	$	(11,023)	$	(975)	$	(129,703)

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)

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	2022		2021		2022		2021
Description									Line Item in Statements of Income
Cash flow hedges (Note 18)
Loss (gains) on cash flow hedges	$	(2,275)	$	(67)	$	(5,044)	$	(10)	Costs of products sold
Tax expense (benefit)	654		(5)		1,446		(78)		Income tax provision
Net of tax	(1,621)		(72)		(3,598)		(88)

Loss (gains) on interest rate swaps	(173)		21		(162)		64		Interest expense
Tax benefit	—		(7)		—		(22)		Income tax provision
Net of tax	(173)		14		(162)		42
Total cash flow hedges	(1,794)		(58)		(3,760)		(46)

Retirement plan obligations (Note 11)
Amortization of deferred benefit pension plans
Prior service costs	(5)		12		17		36		Other, net
Actuarial losses	161		199		492		597		Other, net
	156		211		509		633
Tax expense (benefit)	51		(57)		(50)		(144)		Income tax provision
Net of tax	207		154		459		489
Amortization of deferred benefit other plans
Prior service costs (credits)	26		(58)		78		(175)		Other, net
Actuarial losses	—		11		—		35		Other, net
	26		(47)		78		(140)
Tax expense	—		—		—		—		Income tax provision
Net of tax	26		(47)		78		(140)
Total reclassifications, net of tax	$	(1,561)	$	49	$	(3,223)	$	303