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Other Comprehensive Income
9 Months Ended
Sep. 30, 2022
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax [Abstract]  
Other Comprehensive Income

(13) Other Comprehensive Income

The Company’s changes in other comprehensive income were as follows (in thousands):

 

 

 

Three Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

 

Gross
Amount

 

 

Income Tax (Provision) Benefit

 

 

Net Amount

 

 

Gross
Amount

 

 

Income Tax Provision

 

 

Net
Amount

 

Pension and postretirement benefits (a):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net actuarial (gain) loss

 

$

(85

)

 

$

21

 

 

$

(64

)

 

$

1,309

 

 

$

(329

)

 

$

980

 

Actuarial gains

 

 

12,265

 

 

 

(3,091

)

 

 

9,174

 

 

 

2,891

 

 

 

(729

)

 

 

2,162

 

Foreign currency translation

 

 

(608

)

 

 

 

 

 

(608

)

 

 

(122

)

 

 

 

 

 

(122

)

Total

 

$

11,572

 

 

$

(3,070

)

 

$

8,502

 

 

$

4,078

 

 

$

(1,058

)

 

$

3,020

 

 

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

 

Gross
Amount

 

 

Income Tax (Provision) Benefit

 

 

Net Amount

 

 

Gross
Amount

 

 

Income Tax Provision

 

 

Net
Amount

 

Pension and postretirement benefits (a):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net actuarial (gain) loss

 

$

(25

)

 

$

4

 

 

$

(21

)

 

$

2,992

 

 

$

(753

)

 

$

2,239

 

Actuarial gains

 

 

17,737

 

 

 

(4,462

)

 

 

13,275

 

 

 

7,019

 

 

 

(1,764

)

 

 

5,255

 

Foreign currency translation

 

 

(743

)

 

 

 

 

 

(743

)

 

 

(705

)

 

 

 

 

 

(705

)

Total

 

$

16,969

 

 

$

(4,458

)

 

$

12,511

 

 

$

9,306

 

 

$

(2,517

)

 

$

6,789

 

(a) Actuarial gains are amortized into other income (expense). (See Note 12, Retirement Plans)