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Accumulated Other Comprehensive Loss
6 Months Ended
Jul. 02, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Accumulated Other Comprehensive Loss

7.

Accumulated Other Comprehensive Loss

The components that make up accumulated other comprehensive loss on the condensed consolidated balance sheets at July 2, 2021 and December 31, 2020 are as follows: 

 

(amounts in thousands)

 

July 2, 2021

 

 

December 31, 2020

 

Foreign currency translation adjustment, net of taxes

 

$

(5,636

)

 

$

(3,645

)

Pension loss, net of tax of $416 in 2021 and $455 in 2020

 

 

(11,116

)

 

 

(11,722

)

Accumulated other comprehensive loss

 

$

(16,752

)

 

$

(15,367

)

 

During the 2021 and 2020 second quarter and year-to-date periods, actuarial losses were amortized to expense as follows:

 

 

 

For the Quarter Ended

 

 

For the Two Quarters Ended

 

(amounts in thousands)

 

July 2, 2021

 

 

June 26, 2020

 

 

July 2, 2021

 

 

June 26, 2020

 

Amortization of actuarial losses

 

$

124

 

 

$

72

 

 

$

248

 

 

$

145

 

Income tax

 

 

(10

)

 

 

1

 

 

 

(20

)

 

 

1

 

Net of tax

 

$

114

 

 

$

73

 

 

$

228

 

 

$

146

 

 

The amortization of both prior service cost and actuarial losses, with the exception of the actuarial gains related to the post retirement benefit plan, are included in determining net periodic pension cost. See note 9, "Deferred Compensation and Other Benefits" for additional information.