Accumulated Other Comprehensive (Loss) Income

6 Months Ended

Jun. 28, 2020

Accumulated Other Comprehensive Income (Loss)

L. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

Changes in accumulated other comprehensive (loss) income, which are presented net of tax, consist of the following:

	Foreign Currency Translation Adjustment			Unrealized Gains (Losses) on Marketable Securities			Retirement Plans Prior Service Credit			Total
	(in thousands)
Six Months Ended June 28, 2020
Balance at December 31, 2019, net of tax of $0, $946, $(1,124), respectively	$	(23,514	)	$	3,480		$	1,180		$	(18,854	)
Other comprehensive income before reclassifications, net of tax of $0, $1,271, $0, respectively		7,026			4,830			—			11,856
Amounts reclassified from accumulated other comprehensive income, net of tax of $0, $(421), $(1), respectively		—			(1,499	)		(3	)		(1,502	)
Net current period other comprehensive income (loss), net of tax of $0, $850, $(1), respectively		7,026			3,331			(3	)		10,354
Balance at June 28, 2020, net of tax of $0, $1,796, $(1,125), respectively	$	(16,488	)	$	6,811		$	1,177		$	(8,500	)
Six Months Ended June 30, 2019
Balance at December 31, 2018, net of tax of $0, $(521), $(1,081), respectively	$	(12,523	)	$	(1,845	)	$	1,328		$	(13,040	)
Other comprehensive income before reclassifications, net of tax of $0, $1,256, $0, respectively		983			4,637			—			5,620
Amounts reclassified from accumulated other comprehensive income, net of tax of $0, $(26), $(21), respectively		—			(97	)		(74	)		(171	)
Net current period other comprehensive income (loss), net of tax of $0, $1,230, $(21), respectively		983			4,540			(74	)		5,449
Balance as June 30, 2019, net of tax of $0, $709, $(1,102), respectively	$	(11,540	)	$	2,695		$	1,254		$	(7,591	)

Reclassifications out of accumulated other comprehensive (loss) income to the statement of operations for the three and six months ended June 28, 2020 and June 30, 2019 were as follows:

Details about Accumulated Other Comprehensive Income Components	For the Three Months Ended				For the Six Months Ended				Affected Line Item in the Statements of Operations
	June 28, 2020		June 30, 2019		June 28, 2020		June 30, 2019
	(in thousands)
Available-for-sale marketable securities:
Unrealized gains, net of tax of $277, $6, $421, $26, respectively	$	983	$	27	$	1,499	$	97		Interest income
Defined benefit retirement plans:
Amortization of prior service credit, net of tax of $0, $11, $1, $21, respectively		2		37		3		74		(a)
Total reclassifications, net of tax of $277, $17, $422, $47, respectively	$	985	$	64	$	1,502	$	171		Net income

(a) The amortization of prior service benefit is included in the computation of net periodic pension cost and postretirement benefit. See Note P: “Retirement Plans.”