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Comprehensive Income
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Comprehensive Income Comprehensive Income
Comprehensive income consists of the following:
 
Three Months Ended March 31,
 20242023
Net income
$19,709 $1,819 
Other comprehensive income:
Cash flow hedging gain, net of income tax (income tax expense of $1,423 and $280 for the three months ended March 31, 2024 and 2023, respectively)
4,448 877 
Pension liability, net of income tax (income tax expense of $96 and $129 for the three months ended March 31, 2024 and 2023, respectively)
301 403 
Foreign currency translation adjustment(4,380)1,596 
Comprehensive income
$20,078 $4,695 

Accumulated other comprehensive loss consists of the following:

Cash Flow
Hedging
Gain (Loss)
Pension
Liability
Cumulative
Translation
Adjustments
Accumulated
Other
Comprehensive
Loss
Balance, December 31, 2023$117 $(18,766)$(31,521)$(50,170)
Other comprehensive income (loss) before reclassifications, net of tax
5,499 — (4,380)1,119 
Amounts reclassified from accumulated other comprehensive income (loss) before taxa
(1,387)398 — (989)
Income tax 336 (97)— 239 
Net current-period other comprehensive income (loss)
4,448 301 (4,380)369 
Balance, March 31, 2024$4,565 $(18,465)$(35,901)$(49,801)

Cash Flow
Hedging
Gain (Loss)
Pension
Liability
Cumulative
Translation
Adjustments
Accumulated
Other
Comprehensive
Loss
Balance, December 31, 2022$2,497 $(23,749)$(36,606)$(57,858)
Other comprehensive income before reclassifications, net of tax
1,923 — 1,596 3,519 
Amounts reclassified from accumulated other comprehensive income (loss) before taxa
(1,381)532 — (849)
Income tax 335 (129)— 206 
Net current-period other comprehensive income
877 403 1,596 2,876 
Balance, March 31, 2023$3,374 $(23,346)$(35,010)$(54,982)
(a) The cash flow hedging gain (loss) and pension liability accumulated other comprehensive loss components are included in sales or cost of sales and as a component of net periodic pension cost, respectively. Refer to Note 6 and Note 12, respectively, for further details.