Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 29, 2014

Equity [Abstract]

Accumulated Other Comprehensive Loss

17. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss is comprised of adjustments relative to the Company’s pension and postretirement medical benefit plans and foreign currency translation adjustments required for a subsidiary of the Company that performs data analysis and provides consulting services outside the United States.

A summary of accumulated other comprehensive loss for Q2 2014 and Q2 2013 is as follows:

	Mar. 30,			Pre-tax			Tax			June 29,
In Thousands	2014			Activity			Effect			2014
Net pension activity:
Actuarial loss	$	(42,769	)	$	422		$	(163	)	$	(42,510	)
Prior service costs		(116	)		9			(3	)		(110	)
Net postretirement benefits activity:
Actuarial loss		(18,095	)		563			(218	)		(17,750	)
Prior service costs		3,178			(378	)		145			2,945
Foreign currency translation adjustment		4			0			0			4
Total	$	(57,798	)	$	616		$	(239	)	$	(57,421	)
	Mar. 31,			Pre-tax			Tax			June 30,
In Thousands	2013			Activity			Effect			2013
Net pension activity:
Actuarial loss	$	(75,897	)	$	838		$	(329	)	$	(75,388	)
Prior service costs		(31	)		4			(1	)		(28	)
Net postretirement benefits activity:
Actuarial loss		(22,000	)		700			(274	)		(21,574	)
Prior service costs		4,104			(378	)		148			3,874
Foreign currency translation adjustment		6			0			0			6
Total	$	(93,818	)	$	1,164		$	(456	)	$	(93,110	)

A summary of accumulated other comprehensive loss for YTD 2014 and YTD 2013 is as follows:

	Dec. 29,			Pre-tax			Tax			June 29,
In Thousands	2013			Activity			Effect			2014
Net pension activity:
Actuarial loss	$	(43,028	)	$	844		$	(326	)	$	(42,510	)
Prior service costs		(121	)		18			(7	)		(110	)
Net postretirement benefits activity:
Actuarial loss		(18,441	)		1,126			(435	)		(17,750	)
Prior service costs		3,410			(756	)		291			2,945
Foreign currency translation adjustment		4			0			0			4
Total	$	(58,176	)	$	1,232		$	(477	)	$	(57,421	)
	Dec. 30,			Pre-tax			Tax			June 30,
In Thousands	2012			Activity			Effect			2013
Net pension activity:
Actuarial loss	$	(76,407	)	$	1,676		$	(657	)	$	(75,388	)
Prior service costs		(33	)		8			(3	)		(28	)
Net postretirement benefits activity:
Actuarial loss		(22,425	)		1,400			(549	)		(21,574	)
Prior service costs		4,334			(756	)		296			3,874
Foreign currency translation adjustment		5			1			0			6
Total	$	(94,526	)	$	2,329		$	(913	)	$	(93,110	)

A summary of the impact on the income statement line items is as follows:

	Net Pension		Net Postretirement
In Thousands	Activity		Benefits Activity		Total
Q2 2014
Cost of sales	$	82	$	24	$	106
Selling, delivery and administrative expenses (“S,D&A”)		349		161		510
Subtotal pre-tax		431		185		616
Income tax expense		166		73		239
Total after tax effect	$	265	$	112	$	377
Q2 2013
Cost of sales	$	76	$	42	$	118
S,D&A expenses		766		280		1,046
Subtotal pre-tax		842		322		1,164
Income tax expense		330		126		456
Total after tax effect	$	512	$	196	$	708

	Net Pension		Net Postretirement
In Thousands	Activity		Benefits Activity		Total
YTD 2014
Cost of sales	$	155	$	48	$	203
S,D&A expenses		707		322		1,029
Subtotal pre-tax		862		370		1,232
Income tax expense		333		144		477
Total after tax effect	$	529	$	226	$	755
YTD 2013
Cost of sales	$	152	$	77	$	229
S,D&A expenses		1,532		567		2,099
Subtotal pre-tax		1,684		644		2,328
Income tax expense		660		253		913
Total after tax effect	$	1,024	$	391	$	1,415