Reclassifications Out of Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2021

Equity [Abstract]

Reclassification Out of Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss were as follows:

	MSA Safety Incorporated				Noncontrolling Interests
	Three Months Ended   June 30,				Three Months Ended   June 30,
(In thousands)	2021		2020		2021		2020
Pension and other post-retirement benefits (a)
Balance at beginning of period	$	(111,840)	$	(121,746)	$	—	$	—
Amounts reclassified from accumulated other comprehensive loss into net income:
Amortization of prior service credit (Note 14)	(24)		(52)		—		—
Recognized net actuarial losses (Note 14)	4,820		4,221		—		—
Tax benefit	(1,139)		(1,079)		—		—
Total amount reclassified from accumulated other comprehensive loss, net of tax, into net income	3,657		3,090		—		—
Balance at end of period	$	(108,183)	$	(118,656)	$	—	$	—
Available-for-sale securities
Balance at beginning of period	$	(6)	$	(56)	$	—	$	—
Unrealized gain on available-for-sale securities (Note 16)	1		124		—		—
Balance at end of period	$	(5)	$	68	$	—	$	—
Foreign currency translation
Balance at beginning of period	$	(77,102)	$	(111,273)	$	617	$	308
Foreign currency translation adjustments	6,145		4,651		(127)		18
Balance at end of period	$	(70,957)	$	(106,622)	$	490	$	326

(a) Reclassifications out of accumulated other comprehensive loss and into net income are included in the computation of net periodic pension and other post-retirement benefit costs (refer to Note 14—Pensions and Other Post-retirement Benefits).

	MSA Safety Incorporated					Noncontrolling Interests
	Six Months Ended   June 30,					Six Months Ended   June 30,
(In thousands)	2021		2020			2021		2020
Pension and other post-retirement benefits (a)
Balance at beginning of period	$	(115,552)	$	(124,848)		$	—	$	—
Amounts reclassified from accumulated other comprehensive loss into net income:
Amortization of prior service credit (Note 14)	(48)		(104)			—		—
Recognized net actuarial losses (Note 14)	9,640		8,442			—		—
Tax benefit	(2,223)		(2,146)			—		—
Total amount reclassified from accumulated other comprehensive loss, net of tax, into net income	7,369		6,192			—		—
Balance at end of period	$	(108,183)	$	(118,656)		$	—	$	—
Available-for-sale securities
Balance at beginning of period	$	(1)	$	6		$	—	$	—
Unrealized (loss) gain on available-for-sale securities (Note 16)	(4)		62			—		—
Balance at end of period	$	(5)	$	68		$	—	$	—
Foreign currency translation
Balance at beginning of period	$	(66,844)	$	(89,161)		$	582	$	423
Reclassification from accumulated other comprehensive loss into net income	—		720		(b)	—		—
Foreign currency translation adjustments	(4,113)		(18,181)			(92)		(97)
Balance at end of period	$	(70,957)	$	(106,622)		$	490	$	326

(a) Reclassifications out of accumulated other comprehensive loss and into net income are included in the computation of net periodic pension and other post-retirement benefit costs (refer to Note 14—Pensions and Other Post-retirement Benefits).(b) Reclassifications into net income relate primarily to the approval of our plan to close several subsidiaries in our Europe, Middle East & Africa ("EMEA") operating segment and are included in Currency exchange losses (gains), net, within the unaudited Condensed Consolidated Statement of Income.