Comprehensive Income (Loss) Note [Text Block] |
15. |
Accumulated Other Comprehensive Loss |
Components of other comprehensive loss, on an after-tax basis, were as follows:
(in thousands) | | Before Tax Amount | | | Tax (Expense) Benefit | | | Net of Tax Amount | |
Year ended December 29, 2018 | | | | | | | | | | | | |
Foreign currency translation adjustments | | $ | (8,905 | ) | | $ | - | | | $ | (8,905 | ) |
Adjustments related to postretirement benefits | | | 865 | | | | (60 | ) | | | 805 | |
Change in unrealized gain/loss on investments | | | 7 | | | | - | | | | 7 | |
Other comprehensive income (loss) | | $ | (8,033 | ) | | $ | (60 | ) | | $ | (8,093 | ) |
Year ended December 28, 2019 | | | | | | | | | | | | |
Foreign currency translation adjustments | | $ | (7,522 | ) | | $ | - | | | $ | (7,522 | ) |
Adjustments related to postretirement benefits | | | (856 | ) | | | 228 | | | | (628 | ) |
Other comprehensive income (loss) | | $ | (8,378 | ) | | $ | 228 | | | $ | (8,150 | ) |
Year ended December 26, 2020 | | | | | | | | | | | | |
Foreign currency translation adjustments | | $ | 27,321 | | | $ | - | | | $ | 27,321 | |
Adjustments related to postretirement benefits | | | 2,599 | | | | (216 | ) | | | 2,383 | |
Other comprehensive income (loss) | | $ | 29,920 | | | $ | (216 | ) | | $ | 29,704 | |
Components of accumulated other comprehensive loss, net of tax, at the end of each period are as follows:
(in thousands) | | 2020 | | | 2019 | |
Accumulated net currency translation adjustments | | $ | (2,877 | ) | | $ | (30,198 | ) |
Accumulated net adjustments related to postretirement benefits | | | (1,449 | ) | | | (3,832 | ) |
Total accumulated other comprehensive loss | | $ | (4,326 | ) | | $ | (34,030 | ) |
|