Accumulated Other Comprehensive Income

9 Months Ended

Sep. 26, 2020

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

(4) Accumulated Other Comprehensive Income

All balances in accumulated other comprehensive income are related to available-for-sale marketable securities. The following table sets forth the balance of the Company’s accumulated other comprehensive income, net of tax.

		Unrealized Gains
		on Available-for-Sale
(dollars in thousands)		Marketable Securities
Accumulated other comprehensive income balance as of December 28, 2019	$	1,480
Other comprehensive income before reclassifications		1,479
Amounts reclassified from accumulated other comprehensive income		-
Net current period change in other comprehensive income		1,479
Accumulated other comprehensive income balance as of September 26, 2020	$	2,959

The following table sets forth the effects on net income of the amounts reclassified out of accumulated other comprehensive income for the periods ended September 26, 2020 and September 28, 2019.

		Amounts Reclassified from
		Accumulated Other Comprehensive Income to the
		Consolidated Statements of Income
		13 Weeks Ended				39 Weeks Ended
(dollars in thousands)	Location	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Unrealized gains (losses) on available-for-sale marketable securities
	Investment income (loss) and interest expense	$	-	$	(55)	$	-	$	(55)
	Provision for income taxes		-		16		-		16
Total amount reclassified, net of tax		$	-	$	(39)	$	-	$	(39)