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Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2019
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) (AOCI), net of tax, is as follows:
Three months ended June 30, 2019
(dollars in thousands)
 
Foreign Currency Translation
 
Derivative Instruments
 
Pension and Other Post-retirement Benefits
 
Accumulated Other
Comprehensive Loss
Balance on March 31, 2019
 
$
(23,266
)
 
$
(5,920
)
 
$
(87,522
)
 
$
(116,708
)
 
 
 
 
 
 
 
 
 
Amounts recognized into AOCI
 
(533
)
 
(6,093
)
 
1,148

 
(5,478
)
Currency impact
 

 

 
(84
)
 
(84
)
Amounts reclassified from AOCI
 

 
(270
)
(1) 
945

(2) 
675

Tax effect
 
262

 
1,533

 
(499
)
 
1,296

Other comprehensive income (loss), net of tax
 
(271
)

(4,830
)

1,510


(3,591
)
Balance on June 30, 2019
 
$
(23,537
)
 
$
(10,750
)
 
$
(86,012
)
 
$
(120,299
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2019
(dollars in thousands)
 
Foreign Currency Translation
 
Derivative Instruments
 
Pension and Other Post-retirement Benefits
 
Accumulated Other
Comprehensive Loss
Balance on December 31, 2018
 
$
(23,240
)
 
$
(2,866
)
 
$
(88,299
)
 
$
(114,405
)
 
 
 
 
 
 
 
 
 
Amounts recognized into AOCI
 
(289
)
 
(9,608
)
 
1,148

 
(8,749
)
Currency impact
 

 

 
(50
)
 
(50
)
Amounts reclassified from AOCI
 

 
(753
)
(1) 
1,915

(2) 
1,162

Tax effect
 
(8
)
 
2,477

 
(726
)
 
1,743

Other comprehensive income (loss), net of tax
 
(297
)
 
(7,884
)
 
2,287

 
(5,894
)
Balance on June 30, 2019
 
$
(23,537
)
 
$
(10,750
)
 
$
(86,012
)
 
$
(120,299
)


Three months ended June 30, 2018
(dollars in thousands)
 
Foreign Currency Translation
 
Derivative Instruments
 
Pension and Other Post-retirement Benefits
 
Accumulated Other
Comprehensive Loss
Balance on March 31, 2018
 
$
(11,850
)
 
$
1,546

 
$
(88,585
)
 
$
(98,889
)
 
 
 
 
 
 
 
 
 
Amounts recognized into AOCI
 
(7,392
)
 
603

 
1,527

 
(5,262
)
Currency impact
 

 

 
524

 
524

Amounts reclassified from AOCI
 

 
(4
)
(1) 
1,564

(2) 
1,560

Tax effect
 

 
(127
)
 
(736
)
 
(863
)
Other comprehensive income (loss), net of tax
 
(7,392
)

472


2,879


(4,041
)
Balance on June 30, 2018
 
$
(19,242
)
 
$
2,018

 
$
(85,706
)
 
$
(102,930
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2018
(dollars in thousands)
 
Foreign Currency Translation
 
Derivative Instruments
 
Pension and Other Post-retirement Benefits
 
Accumulated Other
Comprehensive Loss
Balance on December 31, 2017
 
$
(16,183
)
 
$
351

 
$
(89,340
)
 
$
(105,172
)
 
 
 
 
 
 
 
 
 
Cumulative-effect adjustment for the adoption of ASU 2017-12
 

 
(275
)
 

 
(275
)
 
 
 
 
 
 
 
 
 
Amounts recognized into AOCI
 
(3,059
)
 
2,067

 
1,527

 
535

Currency impact
 

 

 
40

 
40

Amounts reclassified from AOCI
 

 
337

(1) 
3,170

(2) 
3,507

Tax effect
 

 
(462
)
 
(1,103
)
 
(1,565
)
Other comprehensive income (loss), net of tax
 
(3,059
)
 
1,942

 
3,634

 
2,517

Balance on June 30, 2018
 
$
(19,242
)
 
$
2,018

 
$
(85,706
)
 
$
(102,930
)
___________________________
(1) 
We reclassified natural gas contracts through cost of sales and the interest rate swaps through interest expense on the Condensed Consolidated Statements of Operations. See note 8 for additional information.
(2) 
We reclassified the net pension and non-pension post-retirement benefits amortization and settlement charges through other income (expense) on the Condensed Consolidated Statements of Operations. See note 6 for additional information.