XML 92 R41.htm IDEA: XBRL DOCUMENT v3.2.0.727
Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 28, 2015
Equity [Abstract]  
Summary of Accumulated Other Comprehensive Loss

A summary of accumulated other comprehensive loss for Q2 2015 and Q2 2014 is as follows:

 

In Thousands

 

Mar. 29,

2015

 

 

Pre-tax

Activity

 

 

Tax

Effect

 

 

June 28,

2015

 

Net pension activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Actuarial loss

 

$

(74,378

)

 

$

795

 

 

$

(307

)

 

$

(73,890

)

Prior service costs

 

 

(94

)

 

 

9

 

 

 

(3

)

 

 

(88

)

Net postretirement benefits activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Actuarial loss

 

 

(22,319

)

 

 

718

 

 

 

(277

)

 

 

(21,878

)

Prior service costs

 

 

7,296

 

 

 

(840

)

 

 

324

 

 

 

6,780

 

Foreign currency translation adjustment

 

 

(5

)

 

 

1

 

 

 

(1

)

 

 

(5

)

Total

 

$

(89,500

)

 

$

683

 

 

$

(264

)

 

$

(89,081

)

 

In Thousands

 

Mar. 30,

2014

 

 

Pre-tax

Activity

 

 

Tax

Effect

 

 

June 29,

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

)

 

A summary of accumulated other comprehensive loss for YTD 2015 and YTD 2014 is as follows:

 

In Thousands

 

Dec. 28,

2014

 

 

Pre-tax

Activity

 

 

Tax

Effect

 

 

June 28,

2015

 

Net pension activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Actuarial loss

 

$

(74,867

)

 

$

1,591

 

 

$

(614

)

 

$

(73,890

)

Prior service costs

 

 

(99

)

 

 

18

 

 

 

(7

)

 

 

(88

)

Net postretirement benefits activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Actuarial loss

 

 

(22,759

)

 

 

1,435

 

 

 

(554

)

 

 

(21,878

)

Prior service costs

 

 

7,812

 

 

 

(1,680

)

 

 

648

 

 

 

6,780

 

Foreign currency translation adjustment

 

 

(1

)

 

 

(6

)

 

 

2

 

 

 

(5

)

Total

 

$

(89,914

)

 

$

1,358

 

 

$

(525

)

 

$

(89,081

)

 

In Thousands

 

Dec. 29,

2013

 

 

Pre-tax

Activity

 

 

Tax

Effect

 

 

June 29,

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

)

 

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

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

 

In Thousands

 

Net Pension

Activity

 

 

Net Postretirement

Benefits Activity

 

 

Total

 

Q2 2015

 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

$

88

 

 

$

(17

)

 

$

71

 

Selling, delivery & administrative expenses

 

 

716

 

 

 

(105

)

 

 

611

 

Subtotal pre-tax

 

 

804

 

 

 

(122

)

 

 

682

 

Income tax expense

 

 

310

 

 

 

(47

)

 

 

263

 

Total after tax effect

 

$

494

 

 

$

(75

)

 

$

419

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Q2 2014

 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

$

82

 

 

$

24

 

 

$

106

 

Selling, delivery & administrative expenses

 

 

349

 

 

 

161

 

 

 

510

 

Subtotal pre-tax

 

 

431

 

 

 

185

 

 

 

616

 

Income tax expense

 

 

166

 

 

 

73

 

 

 

239

 

Total after tax effect

 

$

265

 

 

$

112

 

 

$

377

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD 2015

 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

$

177

 

 

$

(34

)

 

$

143

 

Selling, delivery & administrative expenses

 

 

1,432

 

 

 

(211

)

 

 

1,221

 

Subtotal pre-tax

 

 

1,609

 

 

 

(245

)

 

 

1,364

 

Income tax expense

 

 

621

 

 

 

(94

)

 

 

527

 

Total after tax effect

 

$

988

 

 

$

(151

)

 

$

837

 

 

In Thousands

 

Net Pension

Activity

 

 

Net Postretirement

Benefits Activity

 

 

Total

 

YTD 2014

 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

$

155

 

 

$

48

 

 

$

203

 

Selling, delivery & administrative 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