Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2022

Net Change and Ending Balances for Various Components of Accumulated Other Comprehensive Loss

Net change and ending balances for the various components of accumulated other comprehensive loss as of and for the nine months ended September 30, 2022, and 2021, are summarized below. All amounts are net of tax where applicable.

	Foreign Currency Translation			Unrecognized Employee Benefit Costs			Cash Flow Hedges			Total Accumulated Other Comprehensive Loss			Less: Noncontrolling Interest			Accumulated Other Comprehensive Loss Attributable to Ampco-Pittsburgh
Balance at January 1, 2022	$	(14,322	)	$	(40,563	)	$	277		$	(54,608	)	$	498		$	(55,106	)
Net change		(19,787	)		2,274			(701	)		(18,214	)		(996	)		(17,218	)
Balance at September 30, 2022	$	(34,109	)	$	(38,289	)	$	(424	)	$	(72,822	)	$	(498	)	$	(72,324	)

Balance at January 1, 2021	$	(11,371	)	$	(57,652	)	$	589		$	(68,434	)	$	261		$	(68,695	)
Net change		(2,041	)		1,618			(477	)		(900	)		103			(1,003	)
Balance at September 30, 2021	$	(13,412	)	$	(56,034	)	$	112		$	(69,334	)	$	364		$	(69,698	)

Line Items Affected on Consolidated Statements of Operations for Components Reclassified from Accumulated Other Comprehensive Loss

The following summarizes the line items affected on the condensed consolidated statements of operations for components reclassified from accumulated other comprehensive loss. Amounts in parenthesis represent credits to net income.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Amortization of unrecognized employee benefit costs:
Other income – net	$	277		$	472		$	833		$	1,418
Income tax provision		4			(15	)		0			(47	)
Net of tax	$	281		$	457		$	833		$	1,371
Settlements of cash flow hedges:
Depreciation and amortization (foreign currency purchase contracts)	$	(7	)	$	(6	)	$	(20	)	$	(20	)
Costs of products sold (excluding depreciation and amortization) (futures contracts – copper and aluminum)		386			(298	)		132			(1,004	)
Total before income tax		379			(304	)		112			(1,024	)
Income tax benefit		(12	)		0			(4	)		0
Net of tax	$	367		$	(304	)	$	108		$	(1,024	)

Summary of Income Tax Effect Associated With Various Components of Other Comprehensive Income

The income tax effect associated with the various components of other comprehensive loss for the three and nine months ended September 30, 2022, and 2021, is summarized below. Amounts in parentheses represent credits to net income when reclassified to earnings. Certain amounts have no tax effect due to the Corporation having a valuation allowance recorded against the deferred income tax assets for the jurisdiction where the income or expense is recognized. Foreign currency translation adjustments exclude the effect of income taxes since earnings of non-U.S. subsidiaries are deemed to be reinvested for an indefinite period of time.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Income tax effect associated with changes in:
Unrecognized employee benefit costs	$	0		$	0		$	0		$	0
Fair value of cash flow hedges	$	(7	)	$	0		$	(25	)	$	0
Income tax effect associated with reclassification adjustments:
Amortization of unrecognized employee benefit costs	$	4		$	(15	)	$	0		$	(47	)
Settlement of cash flow hedges	$	(12	)	$	0		$	(4	)	$	0