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Shareholders' Equity (Tables)
9 Months Ended
Sep. 26, 2018
Statement of Comprehensive Income [Abstract]  
Components of accumulated other comprehensive income (loss)
The components of the change in accumulated other comprehensive income (loss) were as follows:

 
Defined Benefit Plans
 
Derivatives
 
Accumulated Other Comprehensive Income (Loss)
 
(In thousands)
Balance as of December 27, 2017
$
(982
)
 
$
(1,334
)
 
$
(2,316
)
Amortization of net loss (1)
84

 

 
84

Net change in fair value of derivatives

 
6,225

 
6,225

Reclassification of derivatives to interest expense, net (2)

 
241

 
241

Income tax (expense) benefit related to items of other comprehensive loss
(20
)
 
(1,673
)
 
(1,693
)
Balance as of September 26, 2018
$
(918
)
 
$
3,459

 
$
2,541


(1)
Before-tax amount related to our defined benefit plans that was reclassified from accumulated other comprehensive loss and included as a component of pension expense within general and administrative expenses in our Condensed Consolidated Statements of Income during the three quarters ended September 26, 2018.
(2)
Amounts reclassified from accumulated other comprehensive loss into income represent payments either received from or made to the counterparty for the effective portions of the interest rate swaps. These amounts are included as a component of interest expense, net in our Condensed Consolidated Statements of Income. We expect to make payments to the counterparty and reclassify approximately $0.6 million from accumulated other comprehensive loss related to our interest rate swaps during the next twelve months. See Note 9 for additional details.