Comprehensive Income and Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 27, 2020

Equity [Abstract]

Total Comprehensive Income (Loss)

The following table summarizes total comprehensive income (losses): 

	Three Months Ended				Nine Months Ended
	September 27, 2020		September 29, 2019		September 27, 2020		September 29, 2019
	(In thousands)
Net income (loss)	$	17,081	$	(297,015)	$	(62,019)	$	(229,547)
Foreign currency translation adjustments, net of $0.0 million, $0.2 million, $1.0 million, and $0.6 million tax, respectively	(52,910)		33,732		(75,791)		45,619
Adjustments to pension and postretirement liability, net of $0.1 million, $0.0 million, $0.3 million, and $0.2 million tax, respectively	1,136		120		1,891		591
Total comprehensive loss	(34,693)		(263,163)		(135,919)		(183,337)
Less: Comprehensive income attributable to noncontrolling interests	228		367		219		474
Comprehensive loss attributable to Belden	$	(34,921)	$	(263,530)	$	(136,138)	$	(183,811)

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, 2019	$	(18,225)	$	(45,193)	$	(63,418)
Other comprehensive loss attributable to Belden before reclassifications	(86,076)		—		(86,076)
Amounts reclassified from accumulated other comprehensive income (loss)	10,145		1,891		12,036
Net current period other comprehensive gain (loss) attributable to Belden	(75,931)		1,891		(74,040)
Balance at September 27, 2020	$	(94,156)	$	(43,302)	$	(137,458)

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 27, 2020:

	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	$	1,408	(1)
Accumulated losses of Grass Valley disposal group	771		(2)
Prior service cost	62		(1)
Total before tax	2,241
Tax benefit	(350)
Total net of tax	$	1,891

(1) The amortization of these accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit costs (see Note 15). The amounts in the table above include both continuing and discontinued operations.

(2) In addition, we reclassified $10.1 million of accumulated foreign currency translation losses associated with the Grass Valley disposal group that are included in the calculation of the gain on disposal of discontinued operations.