Stockholders Equity

3 Months Ended

Mar. 31, 2022

Stockholders Equity Note [Abstract]

Stockholders Equity

Note 13 – Stockholders’ equity:

Accumulated other comprehensive loss - Changes in accumulated other comprehensive loss attributable to NL stockholders, including amounts resulting from our investment in Kronos Worldwide (see Note 5), are presented in the table below.

	Three months ended
	March 31,
	2021		2022
	(In thousands)
Accumulated other comprehensive loss, net of tax:
Currency translation:
Balance at beginning of period	$	(169,575)	$	(171,235)
Other comprehensive income		545		1,580
Balance at end of period	$	(169,030)	$	(169,655)
Defined benefit pension plans:
Balance at beginning of period	$	(80,704)	$	(68,468)
Other comprehensive income		1,151		873
Balance at end of period	$	(79,553)	$	(67,595)
OPEB plans:
Balance at beginning of period	$	(910)	$	(1,053)
Other comprehensive loss - amortization of net   gains included in net periodic OPEB cost		(71)		(68)
Balance at end of period	$	(981)	$	(1,121)
Total accumulated other comprehensive loss:
Balance at beginning of period	$	(251,189)	$	(240,756)
Other comprehensive income		1,625		2,385
Balance at end of period	$	(249,564)	$	(238,371)

See Note 11 for amounts related to our defined benefit pension plans.

Other – During the first quarter of 2021, CompX purchased 50,000 shares of its Class A common stock in a market transaction for approximately $.8 million. At March 31, 2022, 602,547 shares were available for purchase under CompX’s prior repurchase authorizations.