XML 52 R20.htm IDEA: XBRL DOCUMENT v3.20.1
COMPREHENSIVE INCOME (LOSS)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
COMPREHENSIVE INCOME (LOSS) COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) was as follows:
 
Three Months Ended March 31,
 
2020
 
2019
 
(In thousands)
Net income
$
9,180

 
$
32,756

Foreign currency translation adjustment
(6,813
)
 
(7,009
)
Change in unrealized loss on derivatives, net of tax
(21,306
)
 
(4,236
)
Pension liability adjustment, net of tax
(68
)
 
9

Comprehensive income (loss), net
$
(19,007
)
 
$
21,520


Changes in accumulated other comprehensive loss by component between December 31, 2019 and March 31, 2020 are presented in the table below, net of tax:
 
 
Gains and Losses on Derivatives
 
Defined Benefit Pension Items
 
Foreign Currency Items
 
Total
 
 
(In thousands)
Balance at January 1, 2020
 
$
(26,625
)
 
$
(9,709
)
 
$
(40,067
)
 
$
(76,401
)
Other comprehensive loss
 
(20,577
)
 
(68
)
 
(6,813
)
 
(27,458
)
Less: Amounts reclassified from accumulated other comprehensive loss
 
729

 

 

 
729

Net current-period other comprehensive loss
 
(21,306
)
 
(68
)
 
(6,813
)
 
(28,187
)
Balance at March 31, 2020
 
$
(47,931
)
 
$
(9,777
)
 
$
(46,880
)
 
$
(104,588
)

For the three months ended March 31, 2020, the Company reclassified a loss of $0.1 million from accumulated other comprehensive loss to other income (expense), net and $0.9 million from interest income.