Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.23.2
Shareholders' Equity (Tables)
6 Months Ended
Jul. 01, 2023
Equity [Abstract]  
Schedule of Components of Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss are as follows:
(In thousands) July 1, 2023 December 31, 2022
Foreign Currency Translation Adjustments $ (6,624) $ (7,335)
Retirement Liability Adjustment – Before Tax (4,101) (4,473)
Tax Benefit of Retirement Liability Adjustment 2,282  2,282 
Retirement Liability Adjustment – After Tax (1,819) (2,191)
Accumulated Other Comprehensive Loss $ (8,443) $ (9,526)
Schedule of Other Comprehensive Income (Loss) The components of other comprehensive income (loss) are as follows:
Six Months Ended Three Months Ended
(In thousands) July 1, 2023 July 2, 2022 July 1, 2023 July 2, 2022
Foreign Currency Translation Adjustments $ 711  $ (1,567) $ 487  $ (1,386)
Retirement Liability Adjustments:
Reclassifications to Selling, General and Administrative Expense:
Amortization of Prior Service Cost
193  201  98  100 
Amortization of Net Actuarial Losses
179  497  89  247 
Retirement Liability Adjustment 372  698  187  347 
Other Comprehensive Income (Loss) $ 1,083  $ (869) $ 674  $ (1,039)