XML 20 R9.htm IDEA: XBRL DOCUMENT v3.5.0.2
Other Comprehensive Income
6 Months Ended
Jul. 02, 2016
Notes To Financial Statements [Abstract]  
Other Comprehensive Income
)
Other Comprehensive Income
The company reports changes in equity during a period, except those resulting from investments by owners and distributions to owners, in accordance with ASC 220, "Comprehensive Income".
Changes in accumulated other comprehensive income(1) were as follows (in thousands):
 
Currency Translation Adjustment
 
Pension Benefit Costs
 
Unrealized Gain/(Loss) Interest Rate Swap
 
Total
Balance as of January 2, 2016
$
(52,842
)
 
$
(23,579
)
 
$
9

 
$
(76,412
)
Other comprehensive income before reclassification
(19,975
)
 
4,856

 
76

 
(15,043
)
Amounts reclassified from accumulated other comprehensive income

 

 
(199
)
 
(199
)
Net current-period other comprehensive income
$
(19,975
)
 
$
4,856

 
$
(123
)
 
$
(15,242
)
Balance as of July 2, 2016
$
(72,817
)
 
$
(18,723
)
 
$
(114
)
 
$
(91,654
)

(1) Pension and interest rate swap amounts are net of tax.
Components of other comprehensive income were as follows (in thousands)
 
Three Months Ended
 
Six Months Ended
 
Jul 2, 2016
 
Jul 4, 2015
 
Jul 2, 2016
 
Jul 4, 2015
Net earnings
$
72,891

 
$
54,267

 
$
127,429

 
$
92,498

Currency translation adjustment
(19,579
)
 
6,669

 
(19,975
)
 
(9,122
)
Pension liability adjustment, net of tax
1,078

 
(89
)
 
4,856

 
25

Unrealized gain on interest rate swaps, net of tax
(2
)
 
302

 
(123
)
 
(170
)
Comprehensive income
$
54,388

 
$
61,149

 
$
112,187

 
$
83,231