Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jul. 02, 2021

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in the components of accumulated other comprehensive income, including the amounts reclassified, for the second quarter and first six months of 2021 and 2020 are as follows:

	Gains and Losses on Cash Flow Hedges
(Thousands)	Foreign Currency		Precious Metals		Copper		Total		Pension and Post-Employment Benefits		Foreign Currency Translation		Total
Balance at April 2, 2021	$	1,462	$	320	$	280	$	2,062	$	(43,309)	$	(4,840)	$	(46,087)
Other comprehensive income (loss) before reclassifications	183		(239)		1,145		1,089		—		3,193		4,282
Amounts reclassified from accumulated other comprehensive income (loss)	—		65		(1,507)		(1,442)		77		—		(1,365)
Net current period other comprehensive (loss) income before tax	183		(174)		(362)		(353)		77		3,193		2,917
Deferred taxes	42		(40)		(82)		(80)		(6)		—		(86)
Net current period other comprehensive (loss) income after tax	141		(134)		(280)		(273)		83		3,193		3,003
Balance at July 2, 2021	$	1,603	$	186	$	—	$	1,789	$	(43,226)	$	(1,647)	$	(43,084)
Balance at March 27, 2020	$	1,214	$	(841)	$	(330)	$	43	$	(41,330)	$	(5,886)	$	(47,173)
Other comprehensive (loss) income before reclassifications	(201)		(411)		426		(186)		—		1,166		980
Amounts reclassified from accumulated other comprehensive income (loss)	8		491		132		631		70		—		701
Net current period other comprehensive (loss) income before tax	(193)		80		558		445		70		1,166		1,681
Deferred taxes	(44)		18		124		98		(19)		—		79
Net current period other comprehensive (loss) income after tax	(149)		62		434		347		89		1,166		1,602
Balance at June 26, 2020	$	1,065	$	(779)	$	104	$	390	$	(41,241)	$	(4,720)	$	(45,571)

	Gains and Losses on Cash Flow Hedges
(Thousands)	Foreign Currency		Precious Metals		Copper		Total		Pension and Post-Employment Benefits		Foreign Currency Translation		Total
Balance at December 31, 2020	$	519	$	(170)	$	468	$	817	$	(43,473)	$	4,017	$	(38,639)
Other comprehensive income (loss) before reclassifications	1,268		502		2,436		4,206		—		(5,664)		(1,458)
Amounts reclassified from accumulated other comprehensive income (loss)	140		(39)		(3,041)		(2,940)		234		—		(2,706)
Net current period other comprehensive (loss) income before tax	1,408		463		(605)		1,266		234		(5,664)		(4,164)
Deferred taxes	324		107		(137)		294		(13)		—		281
Net current period other comprehensive (loss) income after tax	1,084		356		(468)		972		247		(5,664)		(4,445)
Balance at July 2, 2021	$	1,603	$	186	$	—	$	1,789	$	(43,226)	$	(1,647)	$	(43,084)
Balance at December 31, 2019	$	1,324	$	(452)	$	25	$	897	$	(41,346)	$	(5,013)	$	(45,462)
Other comprehensive (loss) income before reclassifications	(343)		(1,234)		(352)		(1,929)		—		293		(1,636)
Amounts reclassified from accumulated other comprehensive income (loss)	7		809		453		1,269		46		—		1,315
Net current period other comprehensive (loss) income before tax	(336)		(425)		101		(660)		46		293		(321)
Deferred taxes	(77)		(98)		22		(153)		(59)		—		(212)
Net current period other comprehensive (loss) income after tax	(259)		(327)		79		(507)		105		293		(109)
Balance at June 26, 2020	$	1,065	$	(779)	$	104	$	390	$	(41,241)	$	(4,720)	$	(45,571)