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NOTE 11 – CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS:
The changes in accumulated other comprehensive loss by component for the nine months ended December 31, 2022 and 2021 are as follows:
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|
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Pension and
Other
Postretirement
Benefit Items |
|
|
Foreign
Currency
Items |
|
|
Total |
|
Balance at April 1, 2022 |
|
$ |
(6,970 |
) |
|
$ |
499 |
|
|
$ |
(6,471 |
) |
Other comprehensive loss before reclassifications |
|
|
— |
|
|
|
(519 |
) |
|
|
(519 |
) |
Amounts reclassified from accumulated other comprehensive
loss |
|
|
393 |
|
|
|
— |
|
|
|
393 |
|
Net current-period other comprehensive income (loss) |
|
|
393 |
|
|
|
(519 |
) |
|
$ |
(126 |
) |
Balance at December 31, 2022 |
|
$ |
(6,577 |
) |
|
$ |
(20 |
) |
|
$ |
(6,597 |
) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
|
68 |
|
|
|
201 |
|
|
|
269 |
|
Amounts reclassified from accumulated other comprehensive
loss |
|
|
563 |
|
|
|
— |
|
|
|
563 |
|
Net current-period other comprehensive income |
|
|
631 |
|
|
|
201 |
|
|
|
832 |
|
Balance at December 31, 2021 |
|
$ |
(7,067 |
) |
|
$ |
502 |
|
|
$ |
(6,565 |
) |
The reclassifications out of accumulated other comprehensive loss by component for the three and nine months ended December 31, 2022 and 2021 are as follows:
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|
|
|
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|
|
|
|
Details about Accumulated Other
Comprehensive Loss Components |
|
Amount Reclassified from
Accumulated Other
Comprehensive Loss |
|
|
|
Affected Line Item in the Condensed
Consolidated Statements of Income |
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|
Three Months Ended |
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|
|
|
|
December 31, |
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|
|
|
|
2022 |
|
|
|
2021 |
|
|
|
|
Pension and other postretirement benefit items: |
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|
|
|
|
|
|
|
|
|
Amortization of actuarial loss |
|
$ |
(169 |
) |
(1) |
|
$ |
(270 |
) |
(1) |
|
Loss before benefit for income taxes |
|
|
|
(38 |
) |
|
|
|
(60 |
) |
|
|
Benefit for income taxes |
|
|
$ |
(131 |
) |
|
|
$ |
(210 |
) |
|
|
Net loss |
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|
|
|
|
|
|
|
|
|
|
Details about Accumulated Other
Comprehensive Loss Components |
|
Amount Reclassified from
Accumulated Other
Comprehensive Loss |
|
|
|
Affected Line Item in the Condensed
Consolidated Statements of Income |
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|
Nine Months Ended |
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|
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|
December 31, |
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|
|
|
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2022 |
|
|
|
2021 |
|
|
|
|
Pension and other postretirement benefit items: |
|
|
|
|
|
|
|
|
|
|
Amortization of actuarial loss |
|
$ |
(505 |
) |
(1) |
|
$ |
(725 |
) |
(1) |
|
Loss before benefit for income taxes |
|
|
|
(112 |
) |
|
|
|
(162 |
) |
|
|
Benefit for income taxes |
|
|
$ |
(393 |
) |
|
|
$ |
(563 |
) |
|
|
Net loss |
(1)These accumulated other comprehensive loss components are included within the computation of pension and other postretirement benefit costs.
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