Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.22.2
Shareholders' Equity (Tables)
 6 Months Ended
Jul. 02, 2022
Equity [Abstract]  
Schedule of Comprehensive (Loss) Income and Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss are as follows:
(In thousands) July 2, 2022 December 31, 2021
Foreign Currency Translation Adjustments $ (6,974) $ (5,407)
Retirement Liability Adjustment – Before Tax (10,672) (11,370)
Tax Benefit of Retirement Liability Adjustment 2,282  2,282 
Retirement Liability Adjustment – After Tax (8,390) (9,088)
Accumulated Other Comprehensive Loss $ (15,364) $ (14,495)
Schedule of Other Comprehensive Income (Loss) The components of other comprehensive (loss) income are as follows:
Six Months Ended Three Months Ended
(In thousands) July 2, 2022 July 3, 2021 July 2, 2022 July 3, 2021
Foreign Currency Translation Adjustments $ (1,567) $ (22) $ (1,386) $ 615 
Retirement Liability Adjustments:
Reclassifications to General and Administrative Expense:
Amortization of Prior Service Cost
 201  201  100  100 
Amortization of Net Actuarial Losses
 497  667  247  334 
Retirement Liability Adjustment 698  868  347  434 
Other Comprehensive (Loss) Income $ (869) $ 846  $ (1,039) $ 1,049