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

6 Months Ended

Jun. 28, 2015

Equity [Abstract]

Total Comprehensive Income

The following table summarizes total comprehensive income:

	Three Months Ended				Six Months Ended
	June 28, 2015		June 29, 2014		June 28, 2015		June 29, 2014
	(In thousands)
Net income	$	21,591	$	15	$	1,955	$	24,609
Foreign currency translation income (loss), net of $0.4 million, $1.5 million, $2.1 million, and $0.2 million tax, respectively		(2,872)		12,734		10,193		261
Adjustments to pension and postretirement liability, net of $0.5 million, $0.7 million, $1.1 million, and $1.4 million tax, respectively		843		1,145		1,691		2,305
Total comprehensive income	$	19,562	$	13,894	$	13,839	$	27,175

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, 2014	$	(2,591)	$	(43,440)	$	(46,031)
Other comprehensive income before reclassifications		10,193		-		10,193
Amounts reclassified from accumulated other comprehensive income		-		1,691		1,691
Net current period other comprehensive income		10,193		1,691		11,884
Balance at June 28, 2015	$	7,602	$	(41,749)	$	(34,147)

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 six months ended June 28, 2015:

	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	$	2,826	(1)
Prior service credit		(76)	(1)
Total before tax		2,750
Tax benefit		(1,059)
Net of tax	$	1,691

(1) The amortization of these accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit costs (see Note 10).