XML 45 R35.htm IDEA: XBRL DOCUMENT v3.25.3
Accumulated Other Comprehensive Income ("AOCI") (Tables)
 9 Months Ended
Sep. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The table below presents changes in the components of AOCI for the period from December 31, 2024 to September 30, 2025:
(in thousands)
Translation
adjustments
Pension and
postretirement
liability
adjustments
Derivative
valuation
adjustment
Total Accumulated Other
Comprehensive
Income/(Loss)
December 31, 2024$(181,555)$(14,328)$(106)$(195,989)
Foreign currency translation and other adjustments
58,366 (2,418)(358)55,590 
Pension settlement/curtailment, net of tax
— (1,178)— (1,178)
Interest (expense)/income related to swaps reclassified to the Consolidated Statements of Income/(Loss), net of tax— — (273)(273)
Pension and postretirement liability adjustments reclassified to Consolidated Statements of Income/(Loss), net of tax— 552 — 552 
Net current period other comprehensive income/(loss)58,366 (3,044)(631)54,691 
September 30, 2025$(123,189)$(17,372)$(737)$(141,298)
The table below presents changes in the components of AOCI for the period from December 31, 2023 to September 30, 2024:
(in thousands)
Translation
adjustments
Pension and
postretirement
liability
adjustments
Derivative
valuation
adjustment
Total Accumulated Other
Comprehensive
Income/(Loss)
December 31, 2023$(124,901)$(17,346)$9,079 $(133,168)
Foreign currency translation and other adjustments
(12,472)(285)298 (12,459)
Interest (expense)/income related to swaps reclassified to the Consolidated Statements of Income/(Loss), net of tax— — (8,212)(8,212)
Pension and postretirement liability adjustments reclassified to Consolidated Statements of Income/(Loss), net of tax— 290 — 290 
Net current period other comprehensive income/(loss)(12,472)5 (7,914)(20,381)
September 30, 2024$(137,373)$(17,341)$1,165 $(153,549)
Schedule of Reclassification Out of Accumulated Other Comprehensive Income
The table below presents the expense/(income) amounts reclassified from AOCI, and the line items of the Consolidated Statements of Income/(Loss) that were affected for the three and nine months ended September 30, 2025, and the Consolidated Statements of Income/(Loss) for the three and nine months ended September 30, 2024:
Three months ended September 30,Nine months ended September 30,
(in thousands)
2025202420252024
Pre-tax Derivative valuation reclassified from Accumulated Other Comprehensive Income/(Loss):
Interest (income)/expense, net related to interest rate swaps included in Income/(loss) before taxes$(53)$(2,675)$(324)$(10,893)
Income tax effect17 658 51 2,681 
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income/(Loss)$(36)$(2,017)$(273)$(8,212)
Pre-tax pension and postretirement liabilities reclassified from Accumulated Other Comprehensive Income:
Pension settlement/curtailment
$— $— $(1,600)$0 
Amortization of prior service credit$(38)$(37)$(112)$(113)
Amortization of net actuarial loss
315 176 908 530 
Total pre-tax amount reclassified277 139 (804)417 
Income tax effect(86)(42)178 (127)
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income$191 $97 $(626)$290