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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 28, 2019
Accumulated Other Comprehensive Loss
Q.
Accumulated Other Comprehensive
Loss
 
 
 
 
 
Accumulated other comprehensive loss represents amounts of unrecognized actuarial gains or losses related to the Company sponsored defined benefit pension plan and post-retirement medical plan, net of tax effect, and cumulative currency translation adjustments. Changes in accumulated other comprehensive loss represent actuarial losses or gains, net of tax effect, recognized as components of net periodic benefit costs and currency translation adjustments due to tax rate changes in the period. The following table details the changes in accumulated other comprehensive loss for 2019, 2018, and 2017 (in thousands):
         
 
Accumulated Other
Comprehensive (Loss)
Income
 
Balance at December 31, 2016
  $
  (1,103
)
         
Deferred pension and other post-retirement benefit costs, net of tax benefit of $57
   
(170
)
Amortization of Deferred benefit costs, net of tax benefit of $11
   
(32
)
Currency translation adjustment
   
17
 
         
Balance at December 30, 2017
  $
  (1,288
)
Deferred pension and other post-retirement benefit costs, net of taxes of $64
   
191
 
Amortization of Deferred benefit costs, net of taxes of $29
   
86
 
One time effect of adoption of ASU
2018-02,
Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income
   
(211
)
Currency translation adjustment
   
25
 
         
Balance at December 29, 2018
  $
  (1,197
)
         
Deferred pension and other post-retirement benefit costs, net of taxes of $150
   
(442
)
Amortization of Deferred benefit costs, net of taxes of $26
   
(77
)
Currency translation adjustment
   
47
 
         
Balance at December 28, 2019
  $
  (1,669
)