Quarterly report pursuant to Section 13 or 15(d)

Changes in Accumulated Other Comprehensive Loss

v3.22.2
Changes in Accumulated Other Comprehensive Loss
3 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Loss

NOTE 12 – CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS:

The changes in accumulated other comprehensive loss by component for the three months ended June 30, 2022 and 2021 are as follows:

 

 

 

Pension and
Other
Postretirement
Benefit Items

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at April 1, 2022

 

$

(6,970

)

 

$

499

 

 

$

(6,471

)

Other comprehensive income before reclassifications

 

 

 

 

 

(343

)

 

 

(343

)

Amounts reclassified from accumulated other comprehensive
   loss

 

 

131

 

 

 

 

 

 

131

 

Net current-period other comprehensive income

 

 

131

 

 

 

(343

)

 

$

(212

)

Balance at June 30, 2022

 

$

(6,839

)

 

$

156

 

 

$

(6,683

)

 

 

 

Pension and
Other
Postretirement
Benefit Items

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at April 1, 2021

 

$

(7,698

)

 

$

301

 

 

$

(7,397

)

Other comprehensive income before reclassifications

 

 

 

 

 

128

 

 

 

128

 

Amounts reclassified from accumulated other comprehensive
   loss

 

 

170

 

 

 

 

 

 

170

 

Net current-period other comprehensive income

 

 

170

 

 

 

128

 

 

 

298

 

Balance at June 30, 2021

 

$

(7,528

)

 

$

429

 

 

$

(7,099

)

 

 

The reclassifications out of accumulated other comprehensive loss by component for the three months ended June 30, 2022 and 2021 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

 

 

 

 

 

 

June 30,

 

 

 

 

 

 

2022

 

 

 

2021

 

 

 

 

Pension and other postretirement benefit items:

 

 

 

 

 

 

 

 

 

 

Amortization of actuarial income (loss)

 

$

168

 

(1)

 

$

(219

)

(1)

 

Income (loss) before benefit for income taxes

 

 

 

37

 

 

 

 

(49

)

 

 

Benefit for income taxes

 

 

$

131

 

 

 

$

(170

)

 

 

Net income (loss)

 

(1)
These accumulated other comprehensive loss components are included within the computation of pension and other postretirement benefit costs. See Note 9.