Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 29, 2020

Equity [Abstract]

Summary of Accumulated Other Comprehensive (Loss)

A summary of AOCI(L) for the first quarter of 2020 and the first quarter of 2019 is as follows:

(in thousands)	December 29, 2019		Pre-tax Activity		Tax Effect		March 29, 2020
Net pension activity:
Actuarial loss	$	(93,174)	$	1,189	$	(293)	$	(92,278)
Prior service costs	(7)		5		(1)		(3)
Net postretirement benefits activity:
Actuarial loss	(1,191)		88		(22)		(1,125)
Prior service costs	(624)		—		—		(624)
Interest rate swap	(270)		(1,347)		332		(1,285)
Foreign currency translation adjustment	(16)		(1)		—		(17)
Reclassification of stranded tax effects	(19,720)		—		—		(19,720)
Total AOCI(L)	$	(115,002)	$	(66)	$	16	$	(115,052)

(in thousands)	December 30, 2018		Pre-tax Activity		Tax Effect		March 31, 2019
Net pension activity:
Actuarial loss	$	(72,690)	$	901	$	(222)	$	(72,011)
Prior service costs	(24)		5		(1)		(20)
Net postretirement benefits activity:
Actuarial loss	(4,902)		196		(48)		(4,754)
Prior service costs	351		(324)		80		107
Foreign currency translation adjustment	—		(10)		1		(9)
Reclassification of stranded tax effects	—		—		(19,720)		(19,720)
Total AOCI(L)	$	(77,265)	$	768	$	(19,910)	$	(96,407)

Summary of Impact of Accumulated Other Comprehensive Income (Loss) on Statement of Operations

A summary of the impact of AOCI(L) on certain statements of operations line items is as follows:

	First Quarter 2020
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Interest Rate Swap		Foreign Currency Translation Adjustment		Total
Cost of sales	$	334	$	48	$	—	$	—	$	382
Selling, delivery and administrative expenses	860		40		(1,347)		(1)		(448)
Subtotal pre-tax	1,194		88		(1,347)		(1)		(66)
Income tax expense (benefit)	294		22		(332)		—		(16)
Total after tax effect	$	900	$	66	$	(1,015)	$	(1)	$	(50)

	First Quarter 2019
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment		Total
Cost of sales	$	263	$	(67)	$	—	$	196
Selling, delivery and administrative expenses	643		(61)		(10)		572
Subtotal pre-tax	906		(128)		(10)		768
Income tax expense (benefit)	223		(32)		(1)		190
Total after tax effect	$	683	$	(96)	$	(9)	$	578