Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Apr. 02, 2023

Changes in Accumulated Other Comprehensive Income (Loss)

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

	Foreign Currency Translation Adjustment			Unrealized (Losses) Gains on Marketable Securities			Unrealized (Losses) Gains on Cash Flow Hedges			Retirement Plans Prior Service Credit			Total
	(in thousands)
Three Months Ended April 2, 2023
Balance at December 31, 2022, net of tax of $0, $(2,308), $(708), $(1,130), respectively	$	(39,849	)	$	(8,661	)	$	(2,517	)	$	1,159		$	(49,868	)
Other comprehensive gain before reclassifications, net of tax of $0, $503, $167, $0, respectively		9,309			2,294			596			—			12,199
Amounts reclassified from accumulated other comprehensive income, net of tax of $0, $2, $338, $0, respectively		—			5			1,200			(2	)		1,203
Net current period other comprehensive gain (loss), net of tax of $0, $505, $505 $0, respectively		9,309			2,299			1,796			(2	)		13,402
Balance at April 2, 2023, net of tax of $0, $(1,803), $(203), $(1,130) respectively	$	(30,540	)	$	(6,362	)	$	(721	)	$	1,157		$	(36,466	)
Three Months Ended April 3, 2022
Balance at December 31, 2021, net of tax of $0, $1,055, $0, $(1,128), respectively	$	(10,818	)	$	3,704		$	—		$	1,166		$	(5,948	)
Other comprehensive loss before reclassifications, net of tax of $0, $(1,333), $0, $0, respectively		(8,076	)		(5,388	)		—			—			(13,464	)
Amounts reclassified from accumulated other comprehensive income, net of tax of $0, $(18), $0, $0, respectively		—			(65	)		—			(2	)		(67	)
Net current period other comprehensive loss, net of tax of $0, $(1,351), $0, $0, respectively		(8,076	)		(5,453	)		—			(2	)		(13,531	)
Balance at April 3, 2022, net of tax of $0, $(296), $0, $(1,128), respectively	$	(18,894	)	$	(1,749	)	$	—		$	1,164		$	(19,479	)

Reclassifications Out of Accumulated Other Comprehensive Income (Loss) to Statements of Operations

Reclassifications out of accumulated other comprehensive income (loss) to the statement of operations for the three months ended April 2, 2023 and April 3, 2022, were as follows:

Details about Accumulated Other Comprehensive Income (Loss) Components	For the Three Months Ended					Affected Line Item in the Statements of Operations
	April 2,			April 3,
	2023			2022
	(in thousands)
Available-for-sale marketable securities:
Unrealized (losses) gains, net of tax of $(2) and $18, respectively	$	(5	)	$	65		Other (income) expense, net
Cash flow hedges:
Unrealized losses, net of tax of $(338) and $0, respectively		(1,200	)		—		Revenue
Defined benefit pension and postretirement plans:
Amortization of prior service benefit, net of tax of $0 and $0, respectively		2			2		(a)
Total reclassifications, net of tax of $(340) and $18, respectively	$	(1,203	)	$	67		Net income

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