Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jul. 01, 2017

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 6 – 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, 2017	$	(64,496	)	$	(31,266	)		1,110		$	(94,652	)
Other comprehensive income before reclassifications		-			70,816			1,204		$	72,020
Tax effect		-			-			(422	)	$	(422	)
Other comprehensive income before reclassifications, net of tax		-			70,816			782		$	71,598
Amounts reclassified out of AOCI		5,072			-			-		$	5,072
Tax effect		(1,521	)		-			-		$	(1,521	)
Amounts reclassified out of AOCI, net of tax		3,551			-			-		$	3,551
Net other comprehensive income	$	3,551		$	70,816		$	782		$	75,149
Balance at July 1, 2017	$	(60,945	)	$	39,550		$	1,892		$	(19,503	)

Reclassifications of pension and other post-retirement actuarial items out of AOCI are included in the computation of net periodic benefit cost.  (See Note 7 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.