Note 13 - Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2023

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

Accumulated Other Comprehensive Income (Loss)

Note 13: Accumulated Other Comprehensive Income (Loss)

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

	Changes in fair value of derivative contracts designated as hedge transactions			Adjustments For Pension Plans			Total Accumulated Other Comprehensive Income (Loss), Net
Balance January 1, 2021	$	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
2023 change		4,546			(1,157	)		3,389
Balance December 31, 2023	$	13,708		$	(7,871	)	$	5,837

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 Income (Loss), Net
Balance January 1, 2021		$	—		$	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	)
2023 change	`		(1,683	)		428			(1,255	)
Balance December 31, 2023		$	(2,227	)	$	170		$	(2,057	)

See Note 6 for more information on our employee benefit plans and Note 10 for more information on our derivative instruments.