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

9 Months Ended

Sep. 29, 2013

Equity [Abstract]

Total Comprehensive Income (Loss)

The following table summarizes total comprehensive income (loss):

	Three Months Ended					Nine Months Ended
	September 29, 2013		September 30, 2012			September 29, 2013			September 30, 2012
	(In thousands)
Net income (loss)	$	29,068	$	(38,778	)	$	80,805		$	27,887
Foreign currency translation gain (loss)		4,536		13,084			(10,733	)		(5,988	)
Foreign currency hedging instruments, net of $0.0 million, $0.5 million, $0.0 million, and $1.6 million tax, respectively		—		1,007			—			2,467
Amortization of pension and other postretirement benefit plan losses, net of $0.7 million, $0.0 million, $2.2 million, and $0.0 million tax, respectively		1,172		—			3,546			—
Total comprehensive income (loss)	$	34,776	$	(24,687	)	$	73,618		$	24,366

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, 2012	$	28,516		$	(59,081	)	$	(30,565	)
Other comprehensive loss before reclassifications		(10,733	)		—			(10,733	)
Amounts reclassified from accumulated other comprehensive income (loss)		—			3,546			3,546
Net current period other comprehensive income (loss)		(10,733	)		3,546			(7,187	)
Balance at September 29, 2013	$	17,783		$	(55,535	)	$	(37,752	)

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, 2013:

	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	$	5,871		(1)
Amortization of prior service credit		(105	)	(1)
Total before tax		5,766
Tax benefit		(2,220	)
Total net of tax	$	3,546

(1) The amortization of these accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit costs (see Note 11).