Reclassifications Out of Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Reclassification Out of Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2025		2024		2025		2024
Pension and other post-retirement benefits (a)
Balance at beginning of period	$	(11,189)	$	(42,278)	$	(11,390)	$	(42,652)
Amounts reclassified from accumulated other comprehensive loss into net income:
Amortization of prior service cost (credit) (Note 16)	32		(9)		64		(18)
Recognized net actuarial losses (Note 16)	360		2,271		720		2,668
Tax benefit	(150)		(240)		(341)		(254)
Total amount reclassified from accumulated other comprehensive loss, net of tax, into net income	242		2,022		443		2,396
Balance at end of period	$	(10,947)	$	(40,256)	$	(10,947)	$	(40,256)
Foreign currency translation
Balance at beginning of period	$	(107,722)	$	(97,270)	$	(130,259)	$	(86,597)
Reclassification from accumulated other comprehensive loss into net income(b)	—		(1,200)		—		(1,200)
Foreign currency translation adjustments	44,143		(8,822)		66,680		(19,495)
Balance at end of period	$	(63,579)	$	(107,292)	$	(63,579)	$	(107,292)
(a) Amounts reclassified from accumulated other comprehensive loss into net income are included in the computation of net periodic pension and other post-retirement benefit costs (refer to Note 16—Pensions and Other Post-retirement Benefits).
(b) Reclassification from accumulated other comprehensive loss into net income 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 (gains), net, within the unaudited Condensed Consolidated Statements of Income.