Other comprehensive income (loss) (Tables)

12 Months Ended

Dec. 31, 2019

Table Text Block

Schedule of accumulated other comprehensive income

	Changes in Accumulated Other Comprehensive Loss by Component [1]
		Years ended December 31,
(In thousands)			2019		2018		2017
Foreign currency translation	Beginning Balance	$	(49,936)	$	(43,034)	$	(39,956)
	Other comprehensive loss		(6,847)		(6,902)		(3,078)
	Net change		(6,847)		(6,902)		(3,078)
	Ending balance	$	(56,783)	$	(49,936)	$	(43,034)
Adjustment of pension and postretirement benefit plans	Beginning Balance	$	(203,836)	$	(205,408)	$	(211,610)
	Other comprehensive loss before reclassifications		(13,671)		(9,453)		(5,164)
	Amounts reclassified from accumulated other comprehensive loss for amortization of net losses		14,691		13,141		13,684
	Amounts reclassified from accumulated other comprehensive loss for amortization of prior service credit		-		(2,116)		(2,318)
	Net change		1,020		1,572		6,202
	Ending balance	$	(202,816)	$	(203,836)	$	(205,408)
Unrealized net holding gains (losses) on debt securities	Beginning Balance	$	(173,811)	$	(102,775)	$	(69,003)
	Other comprehensive income (loss) before reclassifications		265,950		(71,036)		(40,446)
	Other-than-temporary impairment amounts reclassified from accumulated other comprehensive loss		-		-		6,740
	Amounts reclassified from accumulated other comprehensive loss for losses (gains) on securities		16		-		(66)
	Net change		265,966		(71,036)		(33,772)
	Ending balance	$	92,155	$	(173,811)	$	(102,775)
Unrealized net holding gains on equity securities	Beginning Balance	$	-	$	605	$	685
	Reclassification to retained earnings due to cumulative effect adjustment of accounting change		-		(605)		-
	Other comprehensive income before reclassifications		-		-		121
	Amounts reclassified from accumulated other comprehensive income for gains on securities		-		-		(201)
	Net change		-		(605)		(80)
	Ending balance	$	-	$	-	$	605
Unrealized net losses on cash flow hedges	Beginning Balance	$	(391)	$	(40)	$	(402)
	Reclassification to retained earnings due to cumulative effect adjustment of accounting change		(50)		-		-
	Other comprehensive (loss) income before reclassifications		(4,439)		326		(790)
	Amounts reclassified from accumulated other comprehensive loss		2,386		(677)		1,152
	Net change		(2,103)		(351)		362
	Ending balance	$	(2,494)	$	(391)	$	(40)
	Total	$	(169,938)	$	(427,974)	$	(350,652)
[1] All amounts presented are net of tax.

Reclassification out of accumulated other comprehensive income

		Reclassifications Out of Accumulated Other Comprehensive Loss
		Affected Line Item in the	Years ended December 31,
(In thousands)		Consolidated Statements of Operations	2019		2018		2017
Adjustment of pension and postretirement benefit plans
	Amortization of net losses	Personnel costs	$	(23,508)	$	(21,542)	$	(22,428)
	Amortization of prior service credit	Personnel costs		-		3,470		3,800
		Total before tax		(23,508)		(18,072)		(18,628)
		Income tax benefit		8,817		7,047		7,262
		Total net of tax	$	(14,691)	$	(11,025)	$	(11,366)
Unrealized holding gains (losses) on debt securities
	Realized (loss) gain on sale of debt securities	Net (loss) gain on sale of debt securities	$	(20)	$	-	$	83
		Other-than-temporary impairment losses on debt securities		-		-		(8,299)
		Total before tax		(20)		-		(8,216)
		Income tax benefit		4		-		1,542
		Total net of tax	$	(16)	$	-	$	(6,674)
Unrealized holding gains on equity securities
	Realized gain on sale of equity securities	Net gain, including impairment on equity securities	$	-	$	-	$	251
		Total before tax		-		-		251
		Income tax expense		-		-		(50)
		Total net of tax	$	-	$	-	$	201
Unrealized net (losses) gains on cash flow hedges
	Forward contracts	Mortgage banking activities	$	(3,992)	$	1,110	$	(1,888)
	Interest rate swaps	Other operating income		110		-		-
		Total before tax		(3,882)		1,110		(1,888)
		Income tax benefit (expense)		1,496		(433)		736
		Total net of tax	$	(2,386)	$	677	$	(1,152)
		Total reclassification adjustments, net of tax	$	(17,093)	$	(10,348)	$	(18,991)