|
NOTE 12 – CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS:
The changes in accumulated other comprehensive loss by component for the six months ended September 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 |
|
|
— |
|
|
|
(680 |
) |
|
|
(680 |
) |
Amounts reclassified from accumulated other comprehensive
loss |
|
|
262 |
|
|
|
— |
|
|
|
262 |
|
Net current-period other comprehensive income |
|
|
262 |
|
|
|
(680 |
) |
|
$ |
(418 |
) |
Balance at September 30, 2022 |
|
$ |
(6,708 |
) |
|
$ |
(181 |
) |
|
$ |
(6,889 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
|
|
93 |
|
|
|
161 |
|
Amounts reclassified from accumulated other comprehensive
loss |
|
|
353 |
|
|
|
— |
|
|
|
353 |
|
Net current-period other comprehensive income |
|
|
421 |
|
|
|
93 |
|
|
|
514 |
|
Balance at September 30, 2021 |
|
$ |
(7,277 |
) |
|
$ |
394 |
|
|
$ |
(6,883 |
) |
The reclassifications out of accumulated other comprehensive loss by component for the three and six months ended September 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 |
|
|
|
|
|
|
September 30, |
|
|
|
|
|
|
2022 |
|
|
|
2021 |
|
|
|
|
Pension and other postretirement benefit items: |
|
|
|
|
|
|
|
|
|
|
Amortization of actuarial income (loss) |
|
$ |
168 |
|
(1) |
|
$ |
(236 |
) |
(1) |
|
Income (loss) before benefit for income taxes |
|
|
|
37 |
|
|
|
|
(53 |
) |
|
|
Benefit for income taxes |
|
|
$ |
131 |
|
|
|
$ |
(183 |
) |
|
|
Net income (loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Details about Accumulated Other
Comprehensive Loss Components |
|
Amount Reclassified from
Accumulated Other
Comprehensive Loss |
|
|
|
Affected Line Item in the Condensed
Consolidated Statements of Income |
|
|
Six Months Ended |
|
|
|
|
|
|
September 30, |
|
|
|
|
|
|
2022 |
|
|
|
2021 |
|
|
|
|
Pension and other postretirement benefit items: |
|
|
|
|
|
|
|
|
|
|
Amortization of actuarial loss |
|
$ |
336 |
|
(1) |
|
$ |
(455 |
) |
(1) |
|
Loss before benefit for income taxes |
|
|
|
74 |
|
|
|
|
(102 |
) |
|
|
Benefit for income taxes |
|
|
$ |
262 |
|
|
|
$ |
(353 |
) |
|
|
Net loss |
(1)These accumulated other comprehensive loss components are included within the computation of pension and other postretirement benefit costs. See Note 9.
|