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Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
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, 2019 and 2018.

 

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 April 1, 2019

$

(74,427

)

 

$

4,421

 

 

$

(70,810

)

 

$

1,281

 

 

$

(139,535

)

Other comprehensive income before reclassifications (net of tax)

 

1,426

 

 

 

1,040

 

 

 

4,926

 

 

 

—

 

 

 

7,392

 

Amounts reclassified from accumulated

   other comprehensive income  (net of tax)

 

—

 

 

 

(1,019

)

 

 

(441

)

 

 

(133

)

 

 

(1,593

)

Net current period other comprehensive income (loss)

 

1,426

 

 

 

21

 

 

 

4,485

 

 

 

(133

)

 

 

5,799

 

Balance at June 30, 2019

$

(73,001

)

 

$

4,442

 

 

$

(66,325

)

 

$

1,148

 

 

$

(133,736

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at April 1, 2018

$

(29,092

)

 

$

(5,894

)

 

$

(118,428

)

 

$

4,461

 

 

$

(148,953

)

Other comprehensive income (loss) before reclassifications (net of tax)

 

(33,223

)

 

 

3,368

 

 

 

—

 

 

 

—

 

 

 

(29,855

)

Amounts reclassified from accumulated

   other comprehensive income  (net of tax)

 

—

 

 

 

1,181

 

 

 

3,261

 

 

 

(240

)

 

 

4,202

 

Net current period other comprehensive income (loss)

 

(33,223

)

 

 

4,549

 

 

 

3,261

 

 

 

(240

)

 

 

(25,653

)

Balance at June 30, 2018

$

(62,315

)

 

$

(1,345

)

 

$

(115,167

)

 

$

4,221

 

 

$

(174,606

)

 

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 January 1, 2019

$

(69,622

)

 

$

2,199

 

 

$

(71,431

)

 

$

1,414

 

 

$

(137,440

)

Other comprehensive income (loss) before reclassifications (net of tax)

 

(3,379

)

 

 

3,681

 

 

 

4,926

 

 

 

—

 

 

 

5,228

 

Amounts reclassified from accumulated

   other comprehensive income  (net of tax)

 

—

 

 

 

(1,438

)

 

 

180

 

 

 

(266

)

 

 

(1,524

)

Net current period other comprehensive income (loss)

 

(3,379

)

 

 

2,243

 

 

 

5,106

 

 

 

(266

)

 

 

3,704

 

Balance at June 30, 2019

$

(73,001

)

 

$

4,442

 

 

$

(66,325

)

 

$

1,148

 

 

$

(133,736

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2018

$

(41,839

)

 

$

(4,092

)

 

$

(98,295

)

 

$

3,551

 

 

$

(140,675

)

Amount reclassified for adoption of ASU No. 2018-02

 

 

 

 

 

 

 

 

 

(23,297

)

 

 

999

 

 

$

(22,298

)

Balance as adjusted at January 1, 2018

 

(41,839

)

 

 

(4,092

)

 

 

(121,592

)

 

 

4,550

 

 

 

(162,973

)

Other comprehensive income (loss) before reclassifications (net of tax)

 

(20,476

)

 

 

151

 

 

 

—

 

 

 

—

 

 

 

(20,325

)

Amounts reclassified from accumulated

   other comprehensive income  (net of tax)

 

—

 

 

 

2,596

 

 

 

6,425

 

 

 

(329

)

 

 

8,692

 

Net current period other comprehensive income (loss)

 

(20,476

)

 

 

2,747

 

 

 

6,425

 

 

 

(329

)

 

 

(11,633

)

Balance at June 30, 2018

$

(62,315

)

 

$

(1,345

)

 

$

(115,167

)

 

$

4,221

 

 

$

(174,606

)
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

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

Description

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Line Item in Statements of Income

Cash flow hedges (Note 17)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Gains) losses on cash flow hedges

 

$

(1,411

)

 

$

1,636

 

 

$

(1,996

)

 

$

3,595

 

 

Costs of products sold

Tax expense (benefit)

 

 

392

 

 

 

(455

)

 

 

558

 

 

 

(999

)

 

Income tax provision

Net of tax

 

 

(1,019

)

 

 

1,181

 

 

 

(1,438

)

 

 

2,596

 

 

 

Retirement plan obligations (Note 11)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of deferred benefit pension plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service costs

 

 

54

 

 

 

4

 

 

 

88

 

 

 

11

 

 

Other, net

Actuarial losses

 

 

789

 

 

 

2,060

 

 

 

1,564

 

 

 

4,119

 

 

Other, net

Discontinued operations amortization of defined benefit pension plans

 

 

—

 

 

 

2,240

 

 

 

—

 

 

 

4,344

 

 

Discontinued operations

 

 

 

843

 

 

 

4,304

 

 

 

1,652

 

 

 

8,474

 

 

 

Tax benefit

 

 

(1,284

)

 

 

(1,043

)

 

 

(1,472

)

 

 

(2,049

)

 

Income tax provision

Net of tax

 

 

(441

)

 

 

3,261

 

 

 

180

 

 

 

6,425

 

 

 

Amortization of deferred benefit other plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service costs

 

 

(3

)

 

 

—

 

 

 

(5

)

 

 

—

 

 

Other, net

Actuarial gains

 

 

(173

)

 

 

(17

)

 

 

(346

)

 

 

(33

)

 

Other, net

Discontinued operations amortization of defined benefit other plans

 

 

—

 

 

 

(301

)

 

 

—

 

 

 

(403

)

 

Discontinued operations

 

 

 

(176

)

 

 

(318

)

 

 

(351

)

 

 

(436

)

 

 

Tax expense

 

 

43

 

 

 

78

 

 

 

85

 

 

 

107

 

 

Income tax provision

Net of tax

 

 

(133

)

 

 

(240

)

 

 

(266

)

 

 

(329

)

 

 

Total reclassifications, net of tax

 

$

(1,593

)

 

$

4,202

 

 

$

(1,524

)

 

$

8,692