Other Comprehensive Income (Tables)

6 Months Ended

Jun. 28, 2015

Other Comprehensive Income

Changes in Accumulated Other Comprehensive Earnings/(Loss)

The components of other comprehensive loss for the three months ended June 28, 2015 are as follows:

					Gain (Loss)
	As of		Gain (Loss)		reclassified		As of
	March 29,		Recognized		from AOCI		June 28,
($ in thousands)	2015		in OCI		to income		2015
Changes in fair market value of hedges:
Gross	$	(1,157)	$	(82)	$	192	$	(1,047)
Income tax (benefit)		(435)		(31)		72		(394)
Net		(722)		(51)		120		(653)
Changes in unrealized pension cost:
Gross		(167,361)		1,199		—		(166,162)
Income tax (benefit)		(64,451)		494		—		(63,957)
Net		(102,910)		705		—		(102,205)
Cumulative translation adjustment:
Gross		(491)		1,064		—		573
Income tax (benefit)		42		(427)		—		(385)
Net		(533)		1,491		—		958
Total accumulated other comprehensive (loss) income	$	(104,165)	$	2,145	$	120	$	(101,900)

The components of other comprehensive loss for the three months ended June 29, 2014 are as follows:

					Gain (Loss)
	As of		Gain (Loss)		reclassified		As of
	March 30,		Recognized		from AOCI		June 29,
($ in thousands)	2014		in OCI		to income		2014
Changes in fair market value of hedges:
Gross	$	(934)	$	(358)	$	122	$	(1,170)
Income tax (benefit)		(378)		(136)		47		(467)
Net		(556)		(222)		75		(703)
Changes in unrealized pension cost:
Gross		(136,683)		1,251		172		(135,260)
Income tax (benefit)		(54,492)		470		66		(53,956)
Net		(82,191)		781		106		(81,304)
Cumulative translation adjustment:
Gross		1,082		388		—		1,470
Income tax (benefit)		(926)		(229)		—		(1,155)
Net		2,008		617		—		2,625
Total accumulated other comprehensive (loss) income	$	(80,739)	$	1,176	$	181	$	(79,382)

The components of other comprehensive loss for the six months ended June 28, 2015 are as follows:

					Gain (Loss)
	As of		Gain (Loss)		reclassified		As of
	December 31,		Recognized		from AOCI		June 28,
($ in thousands)	2014		in OCI		to income		2015
Changes in fair market value of hedges:
Gross	$	(1,020)	$	(409)	$	382	$	(1,047)
Income tax (benefit)		(384)		(154)		144		(394)
Net		(636)		(255)		238		(653)
Changes in unrealized pension cost:
Gross		(169,291)		3,129		—		(166,162)
Income tax (benefit)		(65,124)		1,167		—		(63,957)
Net		(104,167)		1,962		—		(102,205)
Cumulative translation adjustment:
Gross		245		328		—		573
Income tax (benefit)		(325)		(60)		—		(385)
Net		570		388		—		958
Total accumulated other comprehensive (loss) income	$	(104,233)	$	2,095	$	238	$	(101,900)

The components of other comprehensive loss for the six months ended June 29, 2014 are as follows:

					Gain (Loss)
	As of		Gain (Loss)		reclassified		As of
	December 31,		Recognized		from AOCI		June 29,
($ in thousands)	2013		in OCI		to income		2014
Changes in fair market value of hedges:
Gross	$	(998)	$	(412)	$	240	$	(1,170)
Income tax (benefit)		(402)		(157)		92		(467)
Net		(596)		(255)		148		(703)
Changes in unrealized pension cost:
Gross		(138,133)		2,701		172		(135,260)
Income tax (benefit)		(55,028)		1,006		66		(53,956)
Net		(83,105)		1,695		106		(81,304)
Cumulative translation adjustment:
Gross		949		521		—		1,470
Income tax (benefit)		(855)		(300)		—		(1,155)
Net		1,804		821		—		2,625
Total accumulated other comprehensive (loss) income	$	(81,897)	$	2,261	$	254	$	(79,382)