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

3 Months Ended

Apr. 04, 2021

The following table summarizes total comprehensive income (losses):


	Three Months Ended
	April 4, 2021		March 29, 2020

	(In thousands)
Net income (loss)	$	28,741	$	(11,219)
Foreign currency translation adjustments, net of $0.0 million and $1.0 million tax, respectively	52,764		21,790
Adjustments to pension and postretirement liability, net of $0.2 million and $0.1 million tax, respectively	764		383
Total comprehensive income	82,269		10,954
Less: Comprehensive loss attributable to noncontrolling interests	(122)		(180)
Comprehensive income attributable to Belden	$	82,391	$	11,134

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, 2020	$	(131,181)	$	(60,670)	$	(191,851)
Other comprehensive loss attributable to Belden before reclassifications	52,961		—		52,961
Amounts reclassified from accumulated other comprehensive income (loss)	—		764		764
Net current period other comprehensive gain (loss) attributable to Belden	52,961		764		53,725
Balance at April 4, 2021	$	(78,220)	$	(59,906)	$	(138,126)

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 three months ended April 4, 2021:


	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	$	973	(1)
Prior service cost	28		(1)
Total before tax	1,001
Tax benefit	(237)
Total net of tax	$	764

(1) The amortization of these accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit costs (see Note 16).