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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Apr. 01, 2023
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Note 8 – 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
   
Total
 
Balance at January 1, 2023
 
$
(7,598
)
 
$
(3,229
)
 
$
(10,827
)
Other comprehensive income (loss) before reclassifications
   
-
     
19,723
   
$
19,723
 
Tax effect
   
-
     
-
   
$
-
 
Other comprehensive income before reclassifications, net of tax
   
-
     
19,723
   
$
19,723
 
Amounts reclassified out of AOCI
   
177
     
-
   
$
177
 
Tax effect
   
(41
)
   
-
   
$
(41
)
Amounts reclassified out of AOCI, net of tax
   
136
     
-
   
$
136
 
Net other comprehensive income (loss)
 
$
136
   
$
19,723
   
$
19,859
 
Balance at April 1, 2023
 
$
(7,462
)
 
$
16,494
   
$
9,032
 

Reclassifications of pension and other post-retirement actuarial items out of AOCI are included in the computation of net periodic benefit cost.  See Note 9 for further information.