Changes to accumulated other comprehensive loss by component for the six months ended June 30, 2021 are as follows:
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Unrealized |
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Net Loss |
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Retiree |
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on Interest |
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Health |
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Rate |
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Benefit |
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Swap |
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Obligation |
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Total |
Balance at December 31, 2020 |
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$ |
(7,608) |
|
$ |
2,113 |
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|
$ |
(5,495) |
Other comprehensive loss before reclassifications |
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(21) |
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— |
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|
(21) |
Amounts reclassified from accumulated other comprehensive loss: (1) |
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|
1,560 |
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|
(115) |
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|
|
1,445 |
Balance at June 30, 2021 |
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$ |
(6,069) |
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$ |
1,998 |
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|
$ |
(4,071) |
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(1) Amounts reclassified from accumulated other comprehensive loss: |
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Amortization of Other Postretirement Benefit items: |
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Actuarial gains |
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$ |
(156) |
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|
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Tax expense |
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41 |
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Reclassification net of tax |
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$ |
(115) |
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|
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Realized losses on interest rate swaps reclassified to interest expense |
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$ |
2,108 |
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|
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Tax benefit |
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|
(548) |
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Reclassification net of tax |
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$ |
1,560 |
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Changes to accumulated other comprehensive loss by component for the six months ended June 30, 2020 are as follows:
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|
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Unrealized |
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|
|
|
|
|
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Net Loss |
|
|
Retiree |
|
|
|
|
|
on Interest |
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|
Health |
|
|
|
|
|
Rate |
|
|
Benefit |
|
|
|
|
|
Swap |
|
|
Obligation |
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Total |
Balance at December 31, 2019 |
|
$ |
(5,023) |
|
$ |
2,209 |
|
$ |
(2,814) |
Other comprehensive gain before reclassifications |
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|
(4,612) |
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|
- |
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|
(4,612) |
Amounts reclassified from accumulated other comprehensive loss: (1) |
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|
914 |
|
|
(114) |
|
|
800 |
Balance at June 30, 2020 |
|
$ |
(8,721) |
|
$ |
2,095 |
|
$ |
(6,626) |
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(1) Amounts reclassified from accumulated other comprehensive loss: |
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|
|
Amortization of Other Postretirement Benefit items: |
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|
|
|
|
|
|
|
|
Actuarial gains |
|
$ |
(154) |
|
|
|
|
|
|
Tax expense |
|
|
40 |
|
|
|
|
|
|
Reclassification net of tax |
|
$ |
(114) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Realized losses on interest rate swaps reclassified to interest expense |
|
$ |
1,235 |
|
|
|
|
|
|
Tax benefit |
|
|
(321) |
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|
|
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|
Reclassification net of tax |
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$ |
914 |
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