Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Loss and Other Comprehensive Loss

v2.4.0.8
Accumulated Other Comprehensive Loss and Other Comprehensive Loss
9 Months Ended
Sep. 27, 2014
Equity [Abstract]  
Accumulated Other Comprehensive Loss and Other Comprehensive Loss

11) Accumulated Other Comprehensive Loss and Other Comprehensive Loss

The components of accumulated other comprehensive income (loss) are as follows:

 

(In thousands)    September 27,
2014
    December 31,
2013
 

Foreign Currency Translation Adjustments

   $ (1,659   $ 1,284   
  

 

 

   

 

 

 

Accumulated (Loss) Income on Derivatives – Before Tax

     (77     (107

Tax Benefit

     27        38   
  

 

 

   

 

 

 

Accumulated (Loss) Income on Derivatives – After Tax

     (50     (69
  

 

 

   

 

 

 

Retirement Liability Adjustment – Before Tax

     (6,935     (7,423

Tax Benefit

     2,427        2,597   
  

 

 

   

 

 

 

Retirement Liability Adjustment – After Tax

     (4,508     (4,826
  

 

 

   

 

 

 
    
  

 

 

   

 

 

 

Accumulated Other Comprehensive Loss

   $ (6,217   $ (3,611
  

 

 

   

 

 

 

The components of other comprehensive (loss) income are as follows:

 

     Nine Months Ended     Three Months Ended  
(In thousands)    Sept. 27,
2014
    Sept. 28,
2013
    Sept. 27,
2014
    Sept. 28,
2013
 

Foreign Currency Translation Adjustments

   $ (2,943   $ (260   $ (2,375   $ 129   
  

 

 

   

 

 

   

 

 

   

 

 

 

Change in Accumulated (Loss) Income on Derivatives:

        

Reclassification to Interest Expense

     45        90        11        20   

Net (Decrease) Increase in Fair Value of Derivatives

     (15     11        31        22   

Tax Benefit (Expense)

     (11     (36     (15     (15
  

 

 

   

 

 

   

 

 

   

 

 

 

Change in Accumulated (Loss) Income on Derivatives

     19        65        27        27   
  

 

 

   

 

 

   

 

 

   

 

 

 

Retirement Liability Adjustments:

        

Reclassifications to General and Administrative Expense:

        

Amortization of prior service cost

     408        388        136        127   

Amortization of net actuarial losses

     80        95        27        32   

Tax Benefit

     (170     (167     (53     (54
  

 

 

   

 

 

   

 

 

   

 

 

 

Retirement Liability Adjustment

     318        316        110        105   
  

 

 

   

 

 

   

 

 

   

 

 

 
        
  

 

 

   

 

 

   

 

 

   

 

 

 

Other Comprehensive (Loss) Income

   $ (2,606   $ 121      $ (2,238   $ 261