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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2020
Accumulated Other Comprehensive Loss  
Accumulated Other Comprehensive Loss

4.  Accumulated Other Comprehensive Loss

Changes in the composition of Accumulated Other Comprehensive Loss ("AOCI") during the six months ended June 30, 2020 were as follows:

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Accumulated

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Cumulative

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Other

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Translation

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Cash Flow

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Defined Benefit

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Income

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Comprehensive

(Amounts in thousands)

    

Adjustment

    

Hedges

    

Plans

    

Taxes

    

Loss

Balances at December 31, 2019

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$

(22,184)

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$

(1,530)

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$

(49,282)

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$

(1,714)

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$

(74,710)

Net current period change

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(15,872)

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(32,580)

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—

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11,452

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(37,000)

Amounts reclassified from AOCI

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—

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924

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515

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(358)

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1,081

Amounts reclassified due to de-designation

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—

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14,928

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—

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(3,720)

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11,208

Balances at June 30, 2020

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$

(38,056)

​

$

(18,258)

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$

(48,767)

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$

5,660

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$

(99,421)

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The Company had the following reclassifications out of AOCI during the three and six months ended June 30, 2020 and June 30, 2019:

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Amount of Reclassification from AOCI

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Amount of Reclassification from AOCI

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Three Months Ended

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Six Months Ended

Component of AOCI

    

Location of Reclassification into (Loss) Income

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June 30, 2020

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June 30, 2019

    

June 30, 2020

    

June 30, 2019

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Amortization of loss on interest rate hedge

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Interest Expense

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$

15,972

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$

—

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$

15,852

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$

—

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Income tax benefit

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(3,980)

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—

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(3,950)

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—

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Net of tax

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$

11,992

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$

—

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$

11,902

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$

—

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Amortization of deferred actuarial loss and prior service cost

 

Operating expenses

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$

258

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$

192

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$

515

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$

384

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Income tax expense

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(64)

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(46)

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(128)

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(95)

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Net of tax

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$

194

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$

146

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$

387

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$

289

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Total reclassifications

 

  

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$

12,186

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$

146

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$

12,289

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$

289

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