Note 12 - Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

Note 12: Accumulated Other Comprehensive Loss

The following table lists the beginning balance, yearly activity and ending balance of each component of “Accumulated other comprehensive loss, net” (in thousands):

	Changes in fair value of derivative contracts designated as hedge transactions			Adjustments For Pension Plans			Total Accumulated Other Comprehensive Loss, Net
Balance January 1, 2020	$	(348	)	$	(36,962	)		(37,310	)
2020 change		7,980			(3,559	)		4,421
Balance December 31, 2020		7,632			(40,521	)		(32,889	)
2021 change		(12,307	)		16,740			4,433
Balance December 31, 2021		(4,675	)		(23,781	)		(28,456	)
2022 change		13,837			17,067			30,904
Balance December 31, 2022	$	9,162		$	(6,714	)	$	2,448

The amounts above are net of the income tax effect of such balances and activity as summarized in the following table (in thousands):

		Changes in fair value of derivative contracts designated as hedge transactions			Adjustments For Pension Plans			Total Accumulated Other Comprehensive Loss, Net
Balance January 1, 2020		$	—		$	12,575		$	12,575
2020 change			—			—			—
Balance December 31, 2020			—			12,575			12,575
2021 change			4,689			(6,379	)		(1,690	)
Balance December 31, 2021			4,689			6,196			10,885
2022 change	`		(5,233	)		(6,454	)		(11,687	)
Balance December 31, 2022		$	(544	)	$	(258	)	$	(802	)

See Note 5 for more information on our employee benefit plans and Note 9 for more information on our derivative instruments.