Accumulated Other Comprehensive Income

6 Months Ended

Jun. 28, 2014

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

Note 10 – Accumulated Other Comprehensive Income

Changes in AOCI by component, net of taxes and noncontrolling interest, were as follows:

	For the Six Months Ended June 28, 2014
(In thousands)		Cumulative Translation Adjustment			Unrealized (Losses)/Gains on Derivatives			Minimum Pension/OPEB Liability Adjustment			Unrealized Gains on Equity Investments		Total
Beginning balance		$	(462	)	$	1,546		$	(12,158	)	$	255	$	(10,819	)
Other comprehensive income (loss) before reclassifications			3,711			(1,698	)		(388	)		9		1,636
Amounts reclassified from AOCI			—			222			232			—		454
Net current-period other comprehensive income			3,711			(1,476	)		(156	)		9		2,090
Ending balance		$	3,249		$	70		$	(12,314	)	$	264	$	(8,729	)

	For the Six Months Ended June 29, 2013
(In thousands)		Cumulative Translation Adjustment			Unrealized (Losses)/Gains on Derivatives			Minimum Pension/OPEB Liability Adjustment			Unrealized Gains on Equity Investments		Total
Beginning balance		$	(3,033	)	$	(166	)	$	(39,527	)	$	103	$	(42,623	)
Other comprehensive income (loss) before reclassifications			(6,470	)		2,995			893			83		(2,499	)
Amounts reclassified from AOCI			—			(2,521	)		1,268			—		(1,253	)
Net current-period other comprehensive income			(6,470	)		474			2,161			83		(3,752	)
Ending balance		$	(9,503	)	$	308		$	(37,366	)	$	186	$	(46,375	)

Reclassification adjustments out of AOCI were as follows:

	Amount reclassified from AOCI
	For the Quarter Ended
(In thousands)	June 28, 2014			June 29, 2013			Affected line item
Unrealized losses/(gains) on derivatives:
Commodity contracts	$	208		$	3,967		Cost of goods sold
Foreign currency contracts		(99	)		—		Property, plant, and equipment, net
		(4	)		(1,371	)	Income tax expense
		105			2,596		Net of tax
		—			—		Noncontrolling interest
	$	105		$	2,596		Net of tax and noncontrolling   interest
Amortization of employee benefit items:
Amortization of net loss and prior service cost	$	143		$	921		Selling, general, and administrative   expense
		(22	)		(302	)	Income tax expense
		121			619		Net of tax
		—			—		Noncontrolling interest
	$	121		$	619		Net of tax and noncontrolling   interest

	Amount reclassified from AOCI
	For the Six Months Ended
(In thousands)	June 28, 2014			June 29, 2013			Affected line item
Unrealized losses/(gains) on derivatives:
Commodity contracts	$	565		$	3,876		Cost of goods sold
Foreign currency contracts		(375	)		—		Property, plant, and equipment, net
		32			(1,355	)	Income tax benefit
		222			2,521		Net of tax
		—			—		Noncontrolling interest
	$	222		$	2,521		Net of tax and noncontrolling   interest
Amortization of employee benefit items:
Amortization of net loss and prior service cost	$	267		$	1,889		Selling, general, and administrative    expense
		(35	)		(621	)	Income tax expense
		232			1,268		Net of tax
		—			—		Noncontrolling interest
	$	232		$	1,268		Net of tax and noncontrolling   interest