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Comprehensive Income and Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jul. 01, 2018
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 1, 2018
 
July 2, 2017
 
July 1, 2018
 
July 2, 2017
 
 
 
 
 
 
 
 
 
(In thousands)
Net income
$
28,792

 
$
35,891

 
$
31,362

 
$
61,472

Foreign currency translation gain (loss), net of $0.6 million, $0.5 million, $1.1 million, and $0.4 million tax, respectively
60,642

 
(17,107
)
 
28,847

 
(26,943
)
Adjustments to pension and postretirement liability, net of $0.2 million, $0.3 million, $0.5 million, and $0.5 million tax, respectively
369

 
406

 
772

 
774

Total comprehensive income
89,803

 
19,190

 
60,981

 
35,303

Less: Comprehensive loss attributable to noncontrolling interest
(94
)
 
(77
)
 
(126
)
 
(240
)
Comprehensive income attributable to Belden
$
89,897

 
$
19,267

 
$
61,107

 
$
35,543



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, 2017
$
(69,691
)
 
$
(28,335
)
 
$
(98,026
)
Other comprehensive income attributable to Belden before reclassifications
28,848

 

 
28,848

Amounts reclassified from accumulated other comprehensive income

 
772

 
772

Net current period other comprehensive gain attributable to Belden
28,848

 
772

 
29,620

Balance at July 1, 2018
$
(40,843
)
 
$
(27,563
)
 
$
(68,406
)

The following table summarizes the effects of reclassifications from accumulated other comprehensive income (loss) for the six months ended July 1, 2018:

 
  Amount 
Reclassified from  
Accumulated
Other
Comprehensive Income
 
  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
$
1,277

 
(1)
Prior service credit
(22
)
 
(1)
Total before tax
1,255

 
 
Tax benefit
(483
)
 
 
Total net of tax
$
772

 
 
(1) The amortization of these accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit costs (see Note 13).