Accumulated Other Comprehensive Items (Tables)

3 Months Ended

Mar. 30, 2013

Accumulated Other Comprehensive Items [Abstract]

Components of accumulated other comprehensive items

The change in accumulated other comprehensive items (AOCI) by component, net of tax, in the accompanying condensed consolidated balance sheet is as follows:

(In thousands)	Foreign Currency Translation Adjustment			Unrecognized Prior Service Cost			Deferred Loss on Pension and Other Post- Retirement Plans			Deferred Loss on Hedging Instruments			Accumulated Other Comprehensive Items
Balance at December 29, 2012	$	8,124		$	(748	)	$	(9,645	)	$	(1,046	)	$	(3,315	)
Other comprehensive (loss) income before reclassifications		(3,060	)		2			–			(47	)		(3,105	)
Reclassifications from AOCI		–			22			113			242			377
Net current period other comprehensive (loss) income		(3,060	)		24			113			195			(2,728	)
Balance at March 30, 2013	$	5,064		$	(724	)	$	(9,532	)	$	(851	)	$	(6,043	)

Reclassification out of accumulated other comprehensive items

Amounts reclassified out of accumulated other comprehensive items are as follows:

	Three Months Ended			Income Statement
(In thousands)	March 30, 2013			Line Item
Pension and Other Post-retirement Plans: (1)
Amortization of prior service cost	$	(35	)	Selling, general, and administrative expenses
Amortization of actuarial losses		(172	)	Selling, general, and administrative expenses
Total expense before income taxes		(207	)
Income tax benefit		72		Provision for income taxes
		(135	)
Cash Flow Hedges: (2)
Interest rate swap agreements		(106	)	Interest expense
Forward currency-exchange contracts		(43	)	Revenues
Total expense before income taxes		(149	)
Income tax expense		(93	)	Provision for income taxes
		(242	)
Total reclassifications	$	(377	)

(1) Included in the computation of net periodic benefit costs. See Note 7 for additional information.

(2) See Note 9 for additional information.