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Reclassifications Out of Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Reclassification Out of Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2024202320242023
Pension and other post-retirement benefits (a)
Balance at beginning of period$(40,256)$(49,781)$(42,652)$(50,335)
Amounts reclassified from accumulated other comprehensive loss into net income (loss):
Amortization of prior service credit (Note 14)(9)(24)(27)(72)
Recognized net actuarial losses (Note 14)397 185 3,065 555 
Tax (benefit) expense(374)27 (628)259 
Total amount reclassified from accumulated other comprehensive loss, net of tax, into net income (loss)14 188 2,410 742 
Balance at end of period$(40,242)$(49,593)$(40,242)$(49,593)
Available-for-sale securities
Balance at beginning of period$— $— $— $(2)
Unrealized net gains on available-for-sale securities (Note 16)— — — 
Balance at end of period$— $— $— $— 
Foreign currency translation
Balance at beginning of period$(107,292)$(92,147)$(86,597)$(108,380)
Reclassification from accumulated other comprehensive loss into net income (loss)(b)
— 101 (1,200)101 
Foreign currency translation adjustments21,329 (18,771)1,834 (2,538)
Balance at end of period$(85,963)$(110,817)$(85,963)$(110,817)
(a) Amounts reclassified from accumulated other comprehensive loss into net income (loss) 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) Reclassification from accumulated other comprehensive loss into net income (loss) relates primarily to the recognition of non-cash net cumulative translation gains associated with certain foreign subsidiaries. The reclassifications are included in Currency exchange losses, net, within the unaudited Condensed Consolidated Statements of Income.