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Comprehensive Income and Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jul. 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
 
Six Months Ended
 
July 2, 2017
 
July 3, 2016
 
July 2, 2017
 
July 3, 2016
 
 
 
 
 
 
 
 
 
(In thousands)
Net income
$
35,891

 
$
41,933

 
$
61,472

 
$
58,291

Foreign currency translation loss, net of $0.5 million, $0.3 million, $0.4 million, and $1.9 million tax, respectively
(17,107
)
 
1,094

 
(26,943
)
 
(1,093
)
Adjustments to pension and postretirement liability, net of $0.3 million, $0.3 million, $0.5 million, and $0.6 million tax, respectively
406

 
515

 
774

 
982

Total comprehensive income
19,190

 
43,542

 
35,303

 
58,180

Less: Comprehensive loss attributable to noncontrolling interest
(77
)
 
(126
)
 
(240
)
 
(227
)
Comprehensive income attributable to Belden
$
19,267

 
$
43,668

 
$
35,543

 
$
58,407



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
(26,895
)
 

 
(26,895
)
Amounts reclassified from accumulated other comprehensive income (loss)

 
774

 
774

Net current period other comprehensive loss attributable to Belden
(26,895
)
 
774

 
(26,121
)
Balance at July 2, 2017
$
(31,556
)
 
$
(33,632
)
 
$
(65,188
)

The following table summarizes the effects of reclassifications from accumulated other comprehensive income (loss) for the six months ended July 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
$
1,278

 
(1)
Prior service credit
(20
)
 
(1)
Total before tax
1,258

 
 
Tax benefit
(484
)
 
 
Total net of tax
$
774

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