Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Loss and Other Comprehensive Loss

v2.4.1.9
Accumulated Other Comprehensive Loss and Other Comprehensive Loss
3 Months Ended
Apr. 04, 2015
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 loss are as follows:

 

(In thousands)    April 4,
2015
     December 31,
2014
 

Foreign Currency Translation Adjustments

   $ (7,000    $ (3,354
  

 

 

    

 

 

 

Retirement Liability Adjustment – Before Tax

  (12,975   (13,223

Tax Benefit

  4,541      4,628   
  

 

 

    

 

 

 

Retirement Liability Adjustment – After Tax

  (8,434   (8,595
  

 

 

    

 

 

 

    

  

 

 

    

 

 

 

Accumulated Other Comprehensive Loss

$ (15,434 $ (11,949
  

 

 

    

 

 

 

The components of other comprehensive loss are as follows:

 

     Three Months Ended  
(In thousands)    April 4,
2015
     March 29,
2014
 

Foreign Currency Translation Adjustments

   $ (3,646    $ (386
  

 

 

    

 

 

 

Change in Accumulated Income on Derivatives:

Reclassification to Interest Expense

  —        15   

Mark to Market Adjustments for Derivatives

  —        14   

Tax Expense

  —        (9
  

 

 

    

 

 

 

Change in Accumulated Income on Derivatives

  —        20   
  

 

 

    

 

 

 

Retirement Liability Adjustments:

Reclassifications to General and Administrative Expense:

Amortization of prior service cost

  130      136   

Amortization of net actuarial losses

  118      27   

Tax Benefit

  (87   (61
  

 

 

    

 

 

 

Retirement Liability Adjustment

  161      102   
  

 

 

    

 

 

 

    

  

 

 

    

 

 

 

Other Comprehensive Loss

$ (3,485 $ (264