Accumulated Other Comprehensive (Loss) Income

9 Months Ended

Sep. 27, 2020

Accumulated Other Comprehensive Income (Loss)

M. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

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


	Foreign Currency Translation Adjustment			Unrealized Gains (Losses) on Marketable Securities			Retirement Plans Prior Service Credit			Total
	(in thousands)
Nine Months Ended September 27, 2020
Balance at December 31, 2019, net of tax of $0, $946, $(1,124), respectively	$	(23,514	)	$	3,480		$	1,180		$	(18,854	)
Other comprehensive income before reclassifications, net of tax of $0, $1,410, $0, respectively		24,131			5,165			—			29,296
Amounts reclassified from accumulated other comprehensive income, net of tax of $0, $(615), $(1), respectively		—			(2,188	)		(6	)		(2,194	)

Net current period other comprehensive income (loss), net of tax of $0, $795, $(1), respectively		24,131			2,977			(6	)		27,102

Balance at September 27, 2020, net of tax of $0, $1,741, $(1,125), respectively	$	617		$	6,457		$	1,174		$	8,248

Nine Months Ended September 29, 2019
Balance at December 31, 2018, net of tax of $0, $(521), $(1,081), respectively	$	(12,523	)	$	(1,845	)	$	1,328		$	(13,040	)
Other comprehensive (loss) income before reclassifications, net of tax of $0, $1,762, $0, respectively		(17,019	)		6,391			—			(10,628	)
Amounts reclassified from accumulated other comprehensive income, net of tax of $0, $(125), $(32), respectively		—			(442	)		(111	)		(553	)

Net current period other comprehensive (loss) income , net of tax of $0, $1,637, $(32), respectively		(17,019	)		5,949			(111	)		(11,181	)

Balance a t September 29, 2019, net of tax of $0, $1,116, $(1,113), respectively	$	(29,542	)	$	4,104		$	1,217		$	(24,221	)

Reclassifications out of accumulated other comprehensive (loss) income to the statement of operations for the three and nine months ended September 27, 2020 and September 29, 2019 were as follows:


	For the Three Months Ended				For the Nine Months Ended				Affected Line Item in the Statements of Operations
Details about Accumulated Other Comprehensive Income Components	September 27,		September 29,		September 27,		September 29,
	2020		2019		2020		2019
	(in thousands)
Available-for-sale marketable securities:
Unrealized gains, net of tax of $194, $99, $615, $125, respectively	$	689	$	345	$	2,188	$	442		Interest income
Defined benefit retirement plans:
Amortization of prior service cred it, net of tax of $0, $11, $1, $32, respectively		2		37		6		111		(a)

Total reclassifications, net of tax of $194, $110, $616, $157, respectively	$	691	$	382	$	2,194	$	553		Net income

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