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Accumulated Other Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2020
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 nine months ended September 30, 2020 and 2019.

 

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, 2020

$

(84,358

)

 

$

2,447

 

 

$

(6,956

)

 

$

890

 

 

$

(87,977

)

Other comprehensive income (loss) 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 July 1, 2019

$

(73,001

)

 

$

4,442

 

 

$

(66,325

)

 

$

1,148

 

 

$

(133,736

)

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

 

(17,073

)

 

 

3,596

 

 

 

2,449

 

 

 

—

 

 

 

(11,028

)

Amounts reclassified from accumulated

   other comprehensive income (net of tax)

 

—

 

 

 

(1,231

)

 

 

592

 

 

 

(224

)

 

 

(863

)

Net current period other comprehensive income (loss)

 

(17,073

)

 

 

2,365

 

 

 

3,041

 

 

 

(224

)

 

 

(11,891

)

Balance at September 30, 2019

$

(90,074

)

 

$

6,807

 

 

$

(63,284

)

 

$

924

 

 

$

(145,627

)

 

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, 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

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2019

$

(69,622

)

 

$

2,199

 

 

$

(71,431

)

 

$

1,414

 

 

$

(137,440

)

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

 

(20,452

)

 

 

7,326

 

 

 

7,375

 

 

 

—

 

 

 

(5,751

)

Amounts reclassified from accumulated

   other comprehensive income (net of tax)

 

—

 

 

 

(2,718

)

 

 

772

 

 

 

(490

)

 

 

(2,436

)

Net current period other comprehensive income (loss)

 

(20,452

)

 

 

4,608

 

 

 

8,147

 

 

 

(490

)

 

 

(8,187

)

Balance at September 30, 2019

$

(90,074

)

 

$

6,807

 

 

$

(63,284

)

 

$

924

 

 

$

(145,627

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

Description

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Line Item in Statements of Income

Cash flow hedges (Note 17)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains on cash flow hedges

 

$

(1,345

)

 

$

(1,738

)

 

$

(5,015

)

 

$

(3,783

)

 

Costs of products sold

Tax expense

 

 

360

 

 

 

507

 

 

 

1,362

 

 

 

1,065

 

 

Income tax provision

Net of tax

 

 

(985

)

 

 

(1,231

)

 

 

(3,653

)

 

 

(2,718

)

 

 

Retirement plan obligations (Note 12)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of deferred benefit pension plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service costs

 

 

12

 

 

 

64

 

 

 

35

 

 

 

152

 

 

Other, net

Actuarial losses

 

 

164

 

 

 

819

 

 

 

485

 

 

 

2,383

 

 

Other, net

 

 

 

176

 

 

 

883

 

 

 

520

 

 

 

2,535

 

 

 

Tax benefit

 

 

(23

)

 

 

(291

)

 

 

(70

)

 

 

(1,763

)

 

Income tax provision

Net of tax

 

 

153

 

 

 

592

 

 

 

450

 

 

 

772

 

 

 

Amortization of deferred benefit other plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service costs

 

 

(115

)

 

 

(2

)

 

 

(347

)

 

 

(7

)

 

Other, net

Actuarial gains

 

 

(209

)

 

 

(293

)

 

 

(626

)

 

 

(639

)

 

Other, net

 

 

 

(324

)

 

 

(295

)

 

 

(973

)

 

 

(646

)

 

 

Tax expense

 

 

76

 

 

71

 

 

 

228

 

 

156

 

 

Income tax provision

Net of tax

 

 

(248

)

 

 

(224

)

 

 

(745

)

 

 

(490

)

 

 

Total reclassifications, net of tax

 

$

(1,080

)

 

$

(863

)

 

$

(3,948

)

 

$

(2,436

)