XML 45 R19.htm IDEA: XBRL DOCUMENT v3.20.1
Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 28, 2020
Equity [Abstract]  
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss)

Changes in other comprehensive (loss) income by component were as follows:
(in thousands)
 
Three Months Ended
March 28, 2020
 
Three Months Ended
March 30, 2019
 
 
Pre-tax
 
Tax
 
Net of Tax
 
Pre-tax
 
Tax
 
Net of Tax
Defined benefit pension plan adjustments
 
$
555

 
$
(6
)
 
$
561

 
$
(78
)
 
$
(29
)
 
$
(49
)
Foreign currency translation adjustments
 
(15,540
)
 
—

 
(15,540
)
 
8,122

 
—

 
8,122

Total change in other comprehensive income (loss)
 
$
(14,985
)
 
$
(6
)
 
$
(14,979
)
 
$
8,044

 
$
(29
)
 
$
8,073



The following tables set forth the changes in accumulated other comprehensive (loss) income by component for the three months ended March 28, 2020 and March 30, 2019:
 
(in thousands)
 
Pension and
postretirement
liability and
reclassification
adjustments
 
Foreign
currency
translation
adjustment
 
Accumulated
other
comprehensive
income (loss)
Balance at December 28, 2019
 
$
(18,046
)
 
$
(88,777
)
 
$
(106,823
)
Activity in the period
 
561

 
(15,540
)
 
(14,979
)
Balance at March 28, 2020
 
$
(17,485
)
 
$
(104,317
)
 
$
(121,802
)

(in thousands)
 
Pension and
postretirement
liability and
reclassification
adjustments
 
Foreign
currency
translation
adjustment
 
Accumulated
other
comprehensive
income (loss)
Balance at December 29, 2018
 
$
(9,959
)
 
$
(87,965
)
 
$
(97,924
)
Activity in the period
 
(49
)
 
8,122

 
8,073

Balance at March 30, 2019
 
$
(10,008
)
 
$
(79,843
)
 
$
(89,851
)


Amounts reclassified from accumulated other comprehensive (loss) income to earnings for the three months ended March 28, 2020 and March 30, 2019 were as follows:

 
 
Three Months Ended
(in thousands)
 
March 28, 2020
 
March 30, 2019
Pension and Postemployment plans:
 
 
 
 
Amortization of prior service and net actuarial loss
 
$
345

 
$
62



The Company recognizes the amortization of prior service costs in Other (expense) income, net within the Condensed Consolidated Statements of Net Income.