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Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2024
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax [Abstract]  
Other Comprehensive Income (Loss)

(13) Other Comprehensive Income (Loss)

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

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

Gross
Amount

 

 

Income Tax (Provision) Benefit

 

 

Net
Amount

 

 

Gross
Amount

 

 

Income Tax (Provision) Benefit

 

 

Net
Amount

 

 

Gross
Amount

 

 

Income Tax (Provision) Benefit

 

 

Net
Amount

 

Pension and postretirement benefits (a):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net actuarial gain

 

$

(2,578

)

 

$

652

 

 

$

(1,926

)

 

$

(321

)

 

$

78

 

 

$

(243

)

 

$

(330

)

 

$

81

 

 

$

(249

)

Actuarial gain

 

 

51,149

 

 

 

(12,180

)

 

 

38,969

 

 

 

22,438

 

 

 

(5,467

)

 

 

16,971

 

 

 

58,147

 

 

 

(14,030

)

 

 

44,117

 

Foreign currency translation adjustments

 

 

(857

)

 

 

 

 

 

(857

)

 

 

1,425

 

 

 

 

 

 

1,425

 

 

 

(1,049

)

 

 

 

 

 

(1,049

)

Total

 

$

47,714

 

 

$

(11,528

)

 

$

36,186

 

 

$

23,542

 

 

$

(5,389

)

 

$

18,153

 

 

$

56,768

 

 

$

(13,949

)

 

$

42,819

 

 

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