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Accumulated Other Comprehensive Income
 6 Months Ended
Jun. 29, 2014
Equity [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss
The following tables set forth the changes in accumulated other comprehensive loss (AOCL) (in thousands):
 
 
Three months ended June 29, 2014
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Beginning balance
 
$
36,274

 
$
(318
)
 
$
(1,907
)
 
$
(357,978
)
 
$
(323,929
)
Other comprehensive (loss) income before reclassifications
 
6,945

 
(117
)
 
3,907

 
—

 
10,735

Income tax
 
(1,212
)
 
43

 
(1,448
)
 
—

 
(2,617
)
Net other comprehensive income before reclassifications
 
5,733

 
(74
)
 
2,459

 
—

 
8,118

Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
1,183

 
—

 
1,183

Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
(87
)
 
—

 
(87
)
Prior service credits(c)
 
—

 
—

 
—

 
(684
)
 
(684
)
Actuarial losses(c)
 
—

 
—

 
—

 
10,323

 
10,323

Total before tax
 
—

 
—

 
1,096

 
9,639

 
10,735

Income tax expense
 
—

 
—

 
(405
)
 
(3,570
)
 
(3,975
)
Net reclassifications
 
—

 
—

 
691

 
6,069

 
6,760

Other comprehensive (loss) income
 
5,733

 
(74
)
 
3,150

 
6,069

 
14,878

Ending Balance
 
$
42,007

 
$
(392
)
 
$
1,243

 
$
(351,909
)
 
$
(309,051
)
 
 
Three months ended June 30, 2013
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Beginning balance
 
$
40,765

 
$
433

 
$
6,764

 
$
(645,614
)
 
$
(597,652
)
Other comprehensive (loss) income before reclassifications
 
(12,380
)
 
(608
)
 
492

 
—

 
(12,496
)
Income tax
 
1,076

 
225

 
(182
)
 
—

 
1,119

Net other comprehensive (loss) income before reclassifications
 
(11,304
)
 
(383
)
 
310

 
—

 
(11,377
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
(753
)
 
—

 
(753
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
34

 
—

 
34

Realized (gains) losses - interest rate swaps(b)
 
—

 
—

 
82

 
—

 
82

Prior service credits(c)
 
—

 
—

 
—

 
(526
)
 
(526
)
Actuarial losses(c)
 
—

 
—

 
—

 
16,789

 
16,789

Total before tax
 
—

 
—

 
(637
)
 
16,263

 
15,626

Income tax expense (benefit)
 
—

 
—

 
237

 
(6,024
)
 
(5,787
)
Net reclassifications
 
—

 
—

 
(400
)
 
10,239

 
9,839

Other comprehensive (loss) income
 
(11,304
)
 
(383
)
 
(90
)
 
10,239

 
(1,538
)
Ending Balance
 
$
29,461

 
$
50

 
$
6,674

 
$
(635,375
)
 
$
(599,190
)
 
 
Six months ended June 29, 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
 
8,700

 
(184
)
 
2,684

 
—

 
11,200

Income tax
 
(19
)
 
68

 
(994
)
 
—

 
(945
)
Net other comprehensive income (loss) before reclassifications
 
8,681

 
(116
)
 
1,690

 
—

 
10,255

Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
2,241

 
—

 
2,241

Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
(283
)
 
—

 
(283
)
Prior service credits(c)
 
—

 
—

 
—

 
(1,368
)
 
(1,368
)
Actuarial losses(c)
 
—

 
—

 
—

 
20,645

 
20,645

Total before tax
 
—

 
—

 
1,958

 
19,277

 
21,235

Income tax benefit
 
—

 
—

 
(725
)
 
(7,140
)
 
(7,865
)
Net reclassifications
 
—

 
—

 
1,233

 
12,137

 
13,370

Other comprehensive income (loss)
 
8,681

 
(116
)
 
2,923

 
12,137

 
23,625

Ending Balance
 
$
42,007

 
$
(392
)
 
$
1,243

 
$
(351,909
)
 
$
(309,051
)
 
 
Six months ended June 30, 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
 
(23,852
)
 
(996
)
 
16,370

 
—

 
(8,478
)
Income tax
 
1,978

 
369

 
(6,063
)
 
—

 
(3,716
)
Net other comprehensive (loss) income before reclassifications
 
(21,874
)
 
(627
)
 
10,307

 
—

 
(12,194
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
(13
)
 
—

 
(13
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
(13
)
 
—

 
(13
)
Realized (gains) losses - interest rate swaps(b)
 
—

 
—

 
345

 
—

 
345

Prior service credits(c)
 
—

 
—

 
—

 
(1,052
)
 
(1,052
)
Actuarial losses(c)
 
—

 
—

 
—

 
33,578

 
33,578

Total before tax
 
—

 
—

 
319

 
32,526

 
32,845

Income tax benefit
 
—

 
—

 
(115
)
 
(12,048
)
 
(12,163
)
Net reclassifications
 
—

 
—

 
204

 
20,478

 
20,682

Other comprehensive (loss) income
 
(21,874
)
 
(627
)
 
10,511

 
20,478

 
8,488

Ending Balance
 
$
29,461

 
$
50

 
$
6,674

 
$
(635,375
)
 
$
(599,190
)


(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.