|
NOTE 12 – CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS:
The changes in accumulated other comprehensive loss by component for the nine months ended December 31, 2020 and 2019 are as follows:
|
|
|
Pension and
Other
Postretirement
Benefit Items
|
|
|
Foreign
Currency
Items
|
|
|
Total
|
|
|
Balance at April 1, 2020
|
|
$
|
(9,472
|
)
|
|
$
|
(84
|
)
|
|
$
|
(9,556
|
)
|
|
Other comprehensive income before reclassifications
|
|
|
—
|
|
|
|
416
|
|
|
|
416
|
|
|
Amounts reclassified from accumulated other comprehensive
loss
|
|
|
614
|
|
|
|
—
|
|
|
|
614
|
|
|
Net current-period other comprehensive income
|
|
|
614
|
|
|
|
416
|
|
|
|
1,030
|
|
|
Balance at December 31, 2020
|
|
$
|
(8,858
|
)
|
|
$
|
332
|
|
|
$
|
(8,526
|
)
|
|
|
|
Pension and
Other
Postretirement
Benefit Items
|
|
|
Foreign
Currency
Items
|
|
|
Total
|
|
|
Balance at April 1, 2019
|
|
$
|
(8,947
|
)
|
|
$
|
114
|
|
|
$
|
(8,833
|
)
|
|
Other comprehensive loss before reclassifications
|
|
|
—
|
|
|
|
(135
|
)
|
|
|
(135
|
)
|
|
Amounts reclassified from accumulated other comprehensive
loss
|
|
|
583
|
|
|
|
—
|
|
|
|
583
|
|
|
Net current-period other comprehensive income (loss)
|
|
|
583
|
|
|
|
(135
|
)
|
|
|
448
|
|
|
Balance at December 31, 2019
|
|
$
|
(8,364
|
)
|
|
$
|
(21
|
)
|
|
$
|
(8,385
|
)
|
The reclassifications out of accumulated other comprehensive loss by component for the three and nine months ended December 31, 2020 and 2019 are as follows:
|
Details about Accumulated Other
Comprehensive Loss Components
|
|
Amount Reclassified from
Accumulated Other
Comprehensive Loss
|
|
|
|
Affected Line Item in the Condensed
Consolidated Statements of Income
|
|
|
|
Three Months Ended
|
|
|
|
|
|
|
|
December 31,
|
|
|
|
|
|
|
|
2020
|
|
|
|
2019
|
|
|
|
|
|
Pension and other postretirement benefit items:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization of actuarial loss
|
|
$
|
(266
|
)
|
(1)
|
|
$
|
(249
|
)
|
(1)
|
|
Income before provision for income taxes
|
|
|
|
|
(61
|
)
|
|
|
|
(55
|
)
|
|
|
Provision for income taxes
|
|
|
|
$
|
(205
|
)
|
|
|
$
|
(194
|
)
|
|
|
Net income
|
|
Details about Accumulated Other
Comprehensive Loss Components
|
|
Amount Reclassified from
Accumulated Other
Comprehensive Loss
|
|
|
|
Affected Line Item in the Condensed
Consolidated Statements of Income
|
|
|
|
Nine Months Ended
|
|
|
|
|
|
|
|
December 31,
|
|
|
|
|
|
|
|
2020
|
|
|
|
2019
|
|
|
|
|
|
Pension and other postretirement benefit items:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization of actuarial loss
|
|
$
|
(799
|
)
|
(1)
|
|
$
|
(747
|
)
|
(1)
|
|
Income before provision for income taxes
|
|
|
|
|
(185
|
)
|
|
|
|
(164
|
)
|
|
|
Provision for income taxes
|
|
|
|
$
|
(614
|
)
|
|
|
$
|
(583
|
)
|
|
|
Net income
|
|
(1)
|
These accumulated other comprehensive loss components are included within the computation of pension and other postretirement benefit costs. See Note 9.
|
|