XML 74 R34.htm IDEA: XBRL DOCUMENT v3.19.3
Comprehensive Income and Accumulated Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Sep. 29, 2019
Equity [Abstract]  
Total Comprehensive Income (Loss)
The following table summarizes total comprehensive income: 
 
Three Months Ended
 
Nine Months Ended
 
September 29, 2019
 
September 30, 2018
 
September 29, 2019
 
September 30, 2018
 
 
 
 
 
 
 
 
 
(In thousands)
Net income (loss)
$
(297,015
)
 
$
85,858

 
$
(229,547
)
 
$
117,220

Foreign currency translation gain (loss), net of $0.2 million, $0.5 million, $0.6 million, and $0.7 million tax, respectively
33,732

 
(17,904
)
 
45,619

 
10,943

Adjustments to pension and postretirement liability, net of $0.0 million, $0.4 million, $0.2 million, and $0.9 million tax, respectively
120

 
637

 
591

 
1,409

Total comprehensive income (loss)
(263,163
)
 
68,591

 
(183,337
)
 
129,572

Less: Comprehensive income (loss) attributable to noncontrolling interests
367

 
(29
)
 
474

 
(155
)
Comprehensive income (loss) attributable to Belden
$
(263,530
)
 
$
68,620

 
$
(183,811
)
 
$
129,727


Components of Other Comprehensive Income (Loss), Net of Tax
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, 2018
$
(41,882
)
 
$
(33,025
)
 
$
(74,907
)
Other comprehensive income attributable to Belden before reclassifications
45,205

 

 
45,205

Amounts reclassified from accumulated other comprehensive income

 
591

 
591

Net current period other comprehensive gain attributable to Belden
45,205

 
591

 
45,796

Balance at September 29, 2019
$
3,323

 
$
(32,434
)
 
$
(29,111
)

Summary of Effects of Reclassifications from Accumulated Other Comprehensive Income (Loss)
The following table summarizes the effects of reclassifications from accumulated other comprehensive income (loss) for the nine months ended September 29, 2019:
 
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
$
893

 
(1)
Prior service credit
(117
)
 
(1)
Total before tax
776

 
 
Tax benefit
(185
)
 
 
Total net of tax
$
591

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