| Deferred Components of OCI Reported, Net of Related Income Taxes, in Accumulated OCI in Stockholders' Equity and Changes in Accumulated OCI |
The following tables present changes in accumulated OCL, net of related taxes:
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Three Months Ended September 2019 |
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Foreign Currency Translation |
|
Defined Benefit Pension Plans |
|
Derivative Financial Instruments |
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(in thousands) |
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Total |
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Balance, June 2019 |
$ |
(81,841 |
) |
|
$ |
(1,072 |
) |
|
$ |
9,225 |
|
|
$ |
(73,688 |
) |
|
Other comprehensive income (loss) before reclassifications |
(11,358 |
) |
|
297 |
|
|
(468 |
) |
|
(11,529 |
) |
|
Amounts reclassified from accumulated other comprehensive income (loss) |
— |
|
|
— |
|
|
(3,618 |
) |
|
(3,618 |
) |
|
Net other comprehensive income (loss) |
(11,358 |
) |
|
297 |
|
|
(4,086 |
) |
|
(15,147 |
) |
|
Balance, September 2019 |
$ |
(93,199 |
) |
|
$ |
(775 |
) |
|
$ |
5,139 |
|
|
$ |
(88,835 |
) |
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Three Months Ended September 2018 |
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|
Foreign Currency Translation |
|
Defined Benefit Pension Plans |
|
Derivative Financial Instruments |
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(in thousands) |
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Total |
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Balance, June 2018 |
$ |
(141,299 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
(141,299 |
) |
|
Other comprehensive income (loss) before reclassifications |
(2,770 |
) |
|
— |
|
|
— |
|
|
(2,770 |
) |
|
Net other comprehensive income (loss) |
(2,770 |
) |
|
— |
|
|
— |
|
|
(2,770 |
) |
|
Balance, September 2018 |
$ |
(144,069 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
(144,069 |
) |
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|
Nine Months Ended September 2019 |
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|
Foreign Currency Translation |
|
Defined Benefit Pension Plans |
|
Derivative Financial Instruments |
|
|
|
(in thousands) |
|
|
|
Total |
|
Balance, December 2018 |
$ |
(145,182 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
(145,182 |
) |
|
Other comprehensive income (loss) before reclassifications |
(5,914 |
) |
|
283 |
|
|
(2,526 |
) |
|
(8,157 |
) |
|
Amounts reclassified from accumulated other comprehensive income (loss) |
— |
|
|
— |
|
|
(3,980 |
) |
|
(3,980 |
) |
|
Net other comprehensive income (loss) |
(5,914 |
) |
|
283 |
|
|
(6,506 |
) |
|
(12,137 |
) |
|
Net transfers to former parent |
57,897 |
|
|
(1,058 |
) |
|
11,645 |
|
|
68,484 |
|
|
Balance, September 2019 |
$ |
(93,199 |
) |
|
$ |
(775 |
) |
|
$ |
5,139 |
|
|
$ |
(88,835 |
) |
|
|
|
|
|
|
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|
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|
|
|
|
|
|
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|
Nine Months Ended September 2018 |
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|
|
|
|
|
|
|
|
|
|
Foreign Currency Translation |
|
Defined Benefit Pension Plans |
|
Derivative Financial Instruments |
|
|
|
(in thousands) |
|
|
|
Total |
|
Balance, December 2017 |
$ |
(122,482 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
(122,482 |
) |
|
Other comprehensive income (loss) before reclassifications |
(21,587 |
) |
|
— |
|
|
— |
|
|
(21,587 |
) |
|
Net other comprehensive income (loss) |
(21,587 |
) |
|
— |
|
|
— |
|
|
(21,587 |
) |
|
Balance, September 2018 |
$ |
(144,069 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
(144,069 |
) |
|
The following table presents deferred components of accumulated OCL in equity, net of related taxes:
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(in thousands) |
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September 2019 |
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December 2018 |
|
September 2018 |
Foreign currency translation |
|
|
$ |
(93,199 |
) |
|
|
$ |
(145,182 |
) |
|
$ |
(144,069 |
) |
Defined benefit pension plans |
|
|
(775 |
) |
|
|
— |
|
|
— |
|
Derivative financial instruments |
|
|
5,139 |
|
|
|
— |
|
|
— |
|
Accumulated other comprehensive income (loss) |
|
|
$ |
(88,835 |
) |
|
|
$ |
(145,182 |
) |
|
$ |
(144,069 |
) |
|
| Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] |
The following table presents reclassifications out of accumulated OCL:
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Three Months Ended September |
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|
Nine Months Ended September |
(in thousands) |
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Details About Component of Accumulated Other Comprehensive Income (Loss) |
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Affected Line Item in the Financial Statements |
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2019 |
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2018 |
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2019 |
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2018 |
Gains (losses) on derivative financial instruments: |
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Foreign currency exchange contracts |
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Net revenues |
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$ |
(379 |
) |
|
|
$ |
— |
|
|
|
$ |
(475 |
) |
|
|
$ |
— |
|
Foreign currency exchange contracts |
|
Cost of goods sold |
|
|
3,486 |
|
|
|
— |
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|
3,901 |
|
|
|
— |
|
Foreign currency exchange contracts |
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Other expense, net |
|
|
328 |
|
|
|
— |
|
|
|
371 |
|
|
|
— |
|
Interest rate swap agreements |
|
Interest expense |
|
|
642 |
|
|
|
— |
|
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|
642 |
|
|
|
— |
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Total before tax |
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4,077 |
|
|
|
— |
|
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|
4,439 |
|
|
|
— |
|
Tax expense |
|
Income taxes |
|
|
(459 |
) |
|
|
— |
|
|
|
(459 |
) |
|
|
— |
|
Total reclassifications for the period, net of tax |
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|
$ |
3,618 |
|
|
|
$ |
— |
|
|
|
$ |
3,980 |
|
|
|
$ |
— |
|
|