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Other Comprehensive Loss (Income) (Tables)
9 Months Ended
Sep. 29, 2018
Equity [Abstract]  
Schedule of Components of Comprehensive Income (Loss)
Change in other comprehensive (loss) income by component were as follows:
(in thousands)
 
Three Months Ended September 29, 2018
 
Three Months Ended September 30, 2017
 
 
Pre-tax
 
Tax
 
Net of Tax
 
Pre-tax
 
Tax
 
Net of Tax
Defined benefit pension plans adjustments
 
$
(115
)
 
$

 
$
(115
)
 
$
(149
)
 
$
89

 
$
(60
)
Unrealized loss on investments
 

 

 

 
(1,710
)
 

 
(1,710
)
Foreign currency translation adjustments
 
(7,832
)
 

 
(7,832
)
 
1,531

 

 
1,531

Total change in other comprehensive (loss) income
 
$
(7,947
)
 
$

 
$
(7,947
)
 
$
(328
)
 
$
89

 
$
(239
)

(in thousands)
 
Nine Months Ended September 29, 2018
 
Nine Months Ended September 30, 2017
 
 
Pre-tax
 
Tax
 
Net of Tax
 
Pre-tax
 
Tax
 
Net of Tax
Defined benefit pension plans adjustments
 
$
630

 
$
(18
)
 
$
648

 
$
(585
)
 
$
144

 
$
(441
)
Unrealized loss on investments
 

 

 

 
(1,235
)
 

 
(1,235
)
Foreign currency translation adjustments
 
(24,816
)
 

 
(24,816
)
 
2,912

 

 
2,912

Total change in other comprehensive (loss) income
 
$
(24,186
)
 
$
(18
)
 
$
(24,168
)
 
$
1,092

 
$
144

 
$
1,236

Schedule of Accumulated Other Comprehensive Income (Loss)
The following table sets forth the changes in accumulated other comprehensive (loss) income by component for the nine months ended September 29, 2018:
 

(in thousands)
 
Pension and
postretirement
liability and
reclassification
adjustments
 
Unrealized
gain (loss) on
investments
 
Foreign
currency
translation
adjustment
 
Accumulated
other
comprehensive
income (loss)
Balance at December 30, 2017
 
$
(10,836
)
 
$
9,795

 
$
(62,627
)
 
$
(63,668
)
Cumulative effect adjustment (a)
 

 
(9,795
)
 

 
(9,795
)
Activity in the period
 
648

 

 
(24,816
)
 
(24,168
)
Balance at September 29, 2018
 
$
(10,188
)
 
$

 
$
(87,443
)
 
$
(97,631
)

(a)
The Company adopted ASU 2016-01 on December 31, 2017 on a modified retrospective basis, recognizing the cumulative effect as a $9.8 million increase to retained earnings. See Note 1, Summary of Significant Accounting Policies and Other Information, for further discussion.
Reclassification out of Accumulated Other Comprehensive Income
Amounts reclassified from accumulated other comprehensive (loss) income to earnings for the three and nine months ended September 29, 2018 and the three and nine months September 30, 2017 were as follows:

 
 
Three Months Ended
 
Nine Months Ended
(in thousands)
 
September 29, 2018
 
September 30, 2017
 
September 29, 2018
 
September 30, 2017
Pension and Postemployment plans:
 
 
 
 
 
 
 
 
Amortization of prior service
 
$
74

 
$
84

 
$
222

 
$
252