Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2023

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 ended March 31, 2023 and 2022.


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

Balance at January 1, 2023	$	(106,242)	$	11,176	$	(3,247)	$	418	$	(97,895)
Other comprehensive income (loss) before reclassifications (net of tax)	6,663		1,556		—		—		8,219
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(1,399)		660		(8)		(747)
Net current period other comprehensive income (loss)	6,663		157		660		(8)		7,472
Balance at March 31, 2023	$	(99,579)	$	11,333	$	(2,587)	$	410	$	(90,423)

Balance at January 1, 2022	$	(69,757)	$	1,988	$	(11,482)	$	(1,053)	$	(80,304)
Other comprehensive income (loss) before reclassifications (net of tax)	(10,915)		383		—		—		(10,532)
Amounts reclassified from accumulated other comprehensive income (net of tax)	—		(740)		126		26		(588)
Net current period other comprehensive income (loss)	(10,915)		(357)		126		26		(11,120)
Balance at March 31, 2022	$	(80,672)	$	1,631	$	(11,356)	$	(1,027)	$	(91,424)

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 March 31,
In thousands	2023		2022
Description					Line Item in Statements of Income
Cash flow hedges (Note 17)
Gains on cash flow hedges	$	(918)	$	(1,072)	Costs of products sold
Tax expense	(481)		312		Income tax provision
Net of tax	(1,399)		(760)

Loss on interest rate swaps	—		20		Interest expense
Tax expense	—		—		Income tax provision
Net of tax	—		20
Total cash flow hedges	(1,399)		(740)

Retirement plan obligations (Note 10)
Amortization of deferred benefit pension plans
Prior service costs	6		11		Other, net
Actuarial losses	22		167		Other, net
Pension settlement	633		—
	661		178
Tax expense (benefit)	(1)		(52)		Income tax provision
Net of tax	660		126
Amortization of deferred benefit other plans
Prior service costs	5		26		Other, net
Actuarial gain	(13)		—		Other, net
	(8)		26
Tax expense	—		—		Income tax provision
Net of tax	(8)		26
Total reclassifications, net of tax	$	(747)	$	(588)