ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ("AOCI") (Tables)

3 Months Ended

Mar. 31, 2022

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ("AOCI")

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]


	Three Months Ended March 31, 2022
	Unrealized gain
	(loss) on derivatives
	designated and			Defined benefit			Currency
	qualifying as cash			pension plan			translation
	flow hedges			activity			adjustment			Total
Balance at December 31, 2021	$	8,094		$	(13,231)		$	(252,249)		$	(257,386)
Other comprehensive income (loss) before reclassification		5,849			—			(7,583)	³		(1,734)
Amounts reclassified from AOCI		(494)	¹		107	²		—			(387)
Net current-period other comprehensive income (loss)		5,355			107			(7,583)			(2,121)
Balance at March 31, 2022	$	13,449		$	(13,124)		$	(259,832)		$	(259,507)


	Three Months Ended March 31, 2021
	Unrealized gain
	(loss) on derivatives
	designated and			Defined benefit			Currency
	qualifying as cash			pension plan			translation
	flow hedges			activity			adjustment			Total
Balance at December 31, 2020	$	2,487		$	(101,770)		$	(202,907)		$	(302,190)
Other comprehensive income (loss) before reclassification		7,066			602			(22,584)	³		(14,916)
Amounts reclassified from AOCI		224	¹		4,458	²		—			4,682
Net current-period other comprehensive income (loss)		7,290			5,060			(22,584)			(10,234)
Balance at March 31, 2021	$	9,777		$	(96,710)		$	(225,491)		$	(312,424)

(1)

During the three months ended March 31, 2022, the AOCI reclassification is a component of Net sales of $132 (net of tax of $48) and Cost of goods sold of $362 (net of tax of $93); during the three months ended March 31, 2021, the reclassification is a component of Net sales of $102 (net of tax of $42) and Cost of goods sold of $326 (net of tax of $133). See Note 16 to the consolidated financial statements for additional details.

(2)

This AOCI component is included in the computation of net periodic pension costs (net of tax of $14 and $1,456) during the three months ended March 31, 2022 and 2021, respectively. See Note 13 to the consolidated financial statements for additional details.

(3)

The Other comprehensive income (loss) before reclassifications excludes $134 and $(159) attributable to Non-controlling interests in the three months ended March 31, 2022 and 2021, respectively.