Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 30, 2014

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following tables set forth the changes in accumulated other comprehensive loss (AOCL) (in thousands):

	Three months ended March 30, 2014
	Foreign currency translation adjustments		Marketable securities			Derivative financial instruments			Pension and postretirement benefit plans			Total
Beginning balance	$	33,326	$	(276	)	$	(1,680	)	$	(364,046	)	$	(332,676	)
Other comprehensive income (loss) before reclassifications	1,755		(67		)	(1,223		)	—			465
Income tax	1,193		25			453			—			1,671
Net other comprehensive income (loss) before reclassifications	2,948		(42		)	(770		)	—			2,136
Reclassifications:
Realized (gains) losses - foreign currency contracts(a)	—		—			1,058			—			1,058
Realized (gains) losses - commodities contracts(a)	—		—			(196		)	—			(196		)
Prior service credits(c)	—		—			—			(684		)	(684		)
Actuarial losses(c)	—		—			—			10,322			10,322
Total before tax	—		—			862			9,638			10,500
Income tax benefit	—		—			(319		)	(3,570		)	(3,889		)
Net reclassifications	—		—			543			6,068			6,611
Other comprehensive income (loss)	2,948		(42		)	(227		)	6,068			8,747
Ending Balance	$	36,274	$	(318	)	$	(1,907	)	$	(357,978	)	$	(323,929	)

	Three months ended March 31, 2013
	Foreign currency translation adjustments			Marketable securities			Derivative financial instruments			Pension and postretirement benefit plans			Total
Beginning balance	$	51,335		$	677		$	(3,837	)	$	(655,853	)	$	(607,678	)
Other comprehensive (loss) income before reclassifications	(11,472		)	(388		)	15,877			—			4,017
Income tax	902			144			(5,881		)	—			(4,835		)
Net other comprehensive (loss) income before reclassifications	(10,570		)	(244		)	9,996			—			(818		)
Reclassifications:
Realized (gains) losses - foreign currency contracts(a)	—			—			740			—			740
Realized (gains) losses - commodities contracts(a)	—			—			(47		)	—			(47		)
Realized (gains) losses - interest rate swaps(b)	—			—			263			—			263
Prior service credits(c)	—			—			—			(527		)	(527		)
Actuarial losses(c)	—			—			—			16,790			16,790
Total before tax	—			—			956			16,263			17,219
Income tax benefit	—			—			(351		)	(6,024		)	(6,375		)
Net reclassifications	—			—			605			10,239			10,844
Other comprehensive (loss) income	(10,570		)	(244		)	10,601			10,239			10,026
Ending Balance	$	40,765		$	433		$	6,764		$	(645,614	)	$	(597,652	)

(a) Amounts reclassified to net income are included in motorcycles and related products cost of goods sold.

(b) Amounts reclassified to net income are presented in financial services interest expense.

(c) Amounts reclassified are included in the computation of net periodic period cost. See note 14 for information related to pension and postretirement benefit plans.