Quarterly report pursuant to Section 13 or 15(d)

Note 17 - Changes in Accumulated Other Comprehensive Income (Loss) by Component

v3.22.2.2
Note 17 - Changes in Accumulated Other Comprehensive Income (Loss) by Component
9 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

17.

Changes in Accumulated Other Comprehensive Income (Loss) by Component

 ​

Changes to accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2022 are as follows:

 

   

Unrealized

                 
   

Net Gain (Loss)

   

Retiree

         
   

on Interest

   

Health

         
   

Rate

   

Benefit

         
   

Swap

   

Obligation

   

Total

 

Balance at December 31, 2021

  $ (3,524 )   $ 2,471     $ (1,053 )

Other comprehensive gain before reclassifications

    8,138             8,138  

Amounts reclassified from accumulated other comprehensive income (loss): (1)

    1,427       (123 )     1,304  

Balance at September 30, 2022

  $ 6,041     $ 2,348     $ 8,389  
                         

(1) Amounts reclassified from accumulated other comprehensive income (loss):

                       

Amortization of Other Postretirement Benefit items:

                       

Actuarial gains

  $ (165 )                

Tax expense

    42                  

Reclassification net of tax

  $ (123 )                
                         

Realized losses on interest rate swaps reclassified to interest expense

  $ 1,928                  

Tax benefit

    (501 )                

Reclassification net of tax

  $ 1,427                  

 ​

Changes to accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2021, are as follows:​

 ​

   

Unrealized

                 
   

Net Loss

   

Retiree

         
   

on Interest

   

Health

         
   

Rate

   

Benefit

         
   

Swap

   

Obligation

   

Total

 

Balance at December 31, 2020

  $ (7,608 )   $ 2,113     $ (5,495 )

Other comprehensive loss before reclassifications

    (177 )           (177 )

Amounts reclassified from accumulated other comprehensive income (loss): (1)

    2,355       (173 )     2,182  

Balance at September 30, 2021

  $ (5,430 )   $ 1,940     $ (3,490 )
                         

(1) Amounts reclassified from accumulated other comprehensive income (loss):

                       

Amortization of Other Postretirement Benefit items:

                       

Actuarial gains

  $ (234 )                

Tax expense

    61                  

Reclassification net of tax

  $ (173 )                
                         

Realized losses on interest rate swaps reclassified to interest expense

  $ 3,182                  

Tax benefit

    (827 )                

Reclassification net of tax

  $ 2,355                  

 ​