Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 29, 2014

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 5 – Accumulated Other Comprehensive Income (Loss)

The cumulative balance of each component of other comprehensive income (loss) and the income tax effects allocated to each component are as follows:

	Pension and other post-retirement actuarial items			Currency translation adjustment			Unrealized gain (loss) on available-for-sale securities			Total
Balance at January 1, 2014	$	(129,918	)	$	190,998			554		$	61,634
Other comprehensive income before reclassifications		-			(960	)		812		$	(148	)
Tax effect		-			-			(284	)	$	(284	)
Other comprehensive income before reclassifications, net of tax		-			(960	)		528		$	(432	)
Amounts reclassified out of AOCI		2,244			-			-		$	2,244
Tax effect		(741	)		-			-		$	(741	)
Amounts reclassified out of AOCI, net of tax		1,503			-			-		$	1,503
Net comprehensive income	$	1,503		$	(960	)	$	528		$	1,071
Balance at March 29, 2014	$	(128,415	)	$	190,038		$	1,082		$	62,705

Reclassifications of pension and other post-retirement actuarial items out of AOCI are included in the computation of net periodic benefit cost.  (See Note 6 for further information).

Other comprehensive income (loss) includes Vishay's proportionate share of other comprehensive income (loss) of nonconsolidated subsidiaries accounted for under the equity method.