XML 30 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Comprehensive Income and Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Apr. 02, 2017
Equity [Abstract]  
Comprehensive Income and Accumulated Other Comprehensive Income (Loss)
Comprehensive Income and Accumulated Other Comprehensive Income (Loss)
The following table summarizes total comprehensive income:
 
 
Three Months Ended
 
April 2, 2017
 
April 3, 2016
 
 
 
 
 
(In thousands)
Net income
$
25,581

 
$
16,358

Foreign currency translation loss, net of $0.1 million and $1.6 million tax, respectively
(9,836
)
 
(2,187
)
Adjustments to pension and postretirement liability, net of $0.2 million and $0.3 million tax, respectively
368

 
467

Total comprehensive income
16,113

 
14,638

Less: Comprehensive loss attributable to noncontrolling interest
(163
)
 
(101
)
Comprehensive income attributable to Belden
$
16,276

 
$
14,739



The accumulated balances related to each component of other comprehensive income (loss), net of tax, are as follows:
 
 
Foreign 
Currency    
Translation
Component
 
Pension and 
Other    
Postretirement
Benefit Plans
 
Accumulated
Other 
Comprehensive  
Income (Loss)
 
 
 
 
 
 
 
(In thousands)
Balance at December 31, 2016
$
(4,661
)
 
$
(34,406
)
 
$
(39,067
)
Other comprehensive loss attributable to Belden before reclassifications
(9,779
)
 

 
(9,779
)
Amounts reclassified from accumulated other comprehensive income (loss)

 
368

 
368

Net current period other comprehensive loss attributable to Belden
(9,779
)
 
368

 
(9,411
)
Balance at April 2, 2017
$
(14,440
)
 
$
(34,038
)
 
$
(48,478
)

The following table summarizes the effects of reclassifications from accumulated other comprehensive income (loss) for the three months ended April 2, 2017:

 
  Amount 
Reclassified from  
Accumulated
Other
Comprehensive Income
(Loss)
 
  Affected Line
 Item in the  
Consolidated Statements
of Operations and
Comprehensive Income
 
(In thousands)
 
 
Amortization of pension and other postretirement benefit plan items:
 
 
 
Actuarial losses
$
610

 
(1)
Prior service credit
(11
)
 
(1)
Total before tax
599

 
 
Tax benefit
(231
)
 
 
Total net of tax
$
368

 
 
(1) The amortization of these accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit costs (see Note 12).