Comprehensive Income and Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Apr. 03, 2016

Equity [Abstract]

Comprehensive Income and Accumulated Other Comprehensive Income (Loss)

Note 11:  Comprehensive Income and Accumulated Other Comprehensive Income (Loss)

The following table summarizes total comprehensive income (loss):

	Three Months Ended
	April 3, 2016		March 29, 2015
	(In thousands)
Net income (loss)	$	16,425	$	(19,636)
Foreign currency translation, net of $1.6 million and $1.7 million tax, respectively		(2,187)		13,065
Adjustments to pension and postretirement liability, net of $0.3 million and $0.5 million tax, respectively		467		848
Total comprehensive income (loss)		14,705		(5,723)
Less: Comprehensive loss attributable to noncontrolling interest		(101)		-
Comprehensive income (loss) attributable to Belden stockholders	$	14,806	$	(5,723)

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, 2015	$	(23,411)	$	(35,576)	$	(58,987)
Other comprehensive loss attributable to Belden stockholders before reclassifications		(2,185)		-		(2,185)
Amounts reclassified from accumulated other comprehensive income (loss)		-		467		467
Net current period other comprehensive loss attributable to Belden stockholders		(2,185)		467		(1,718)
Balance at April 3, 2016	$	(25,596)	$	(35,109)	$	(60,705)

The following table summarizes the effects of reclassifications from accumulated other comprehensive income (loss) for the three months ended April 3, 2016:

	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	$	780	(1)
Prior service credit		(20)	(1)
Total before tax		760
Tax benefit		(293)
Net of tax	$	467

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