Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Apr. 02, 2016

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 7 – 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, 2016	$	(136,422	)	$	4,597		498		$	(131,327	)
Other comprehensive income (loss) before reclassifications		-			32,532		964		$	33,496
Tax effect		-			-		(337	)	$	(337	)
Other comprehensive income (loss) before reclassifications, net of tax		-			32,532		627		$	33,159
Amounts reclassified out of AOCI		2,669			-		-		$	2,669
Tax effect		(801	)		-		-		$	(801	)
Amounts reclassified out of AOCI, net of tax		1,868			-		-		$	1,868
Net other comprehensive income (loss)	$	1,868		$	32,532	$	627		$	35,027
Balance at April 2, 2016	$	(134,554	)	$	37,129	$	1,125		$	(96,300	)

Reclassifications of pension and other post-retirement actuarial items out of AOCI are included in the computation of net periodic benefit cost.  (See Note 8 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.