Accumulated Other Comprehensive Income

6 Months Ended

Jul. 01, 2023

10. Accumulated Other Comprehensive Income (Loss)

The following provides required disclosure of changes in accumulated other comprehensive income (loss) balances by component for the 13-week and 26-week periods ended July 1, 2023:


	13-Weeks Ended July 1, 2023
	Foreign currency translation adjustment			Net gains (losses) on available-for-sale securities			Total
Balance - beginning of period	$	(9,090	)	$	(77,476	)	$	(86,566	)
Other comprehensive income (loss) before reclassification, net of income tax benefit of $984		(25,342	)		(3,421	)		(28,763	)
Amounts reclassified from accumulated other comprehensive income (loss) to other income, net of income tax benefit of $10 included in income tax provision		—			29			29
Net current-period other comprehensive income (loss)		(25,342	)		(3,392	)		(28,734	)
Balance - end of period	$	(34,432	)	$	(80,868	)	$	(115,300	)


	26-Weeks Ended July 1, 2023
	Foreign currency translation adjustment			Net gains (losses) on available-for-sale securities			Total
Balance - beginning of period	$	(25,981	)	$	(88,552	)	$	(114,533	)
Other comprehensive income (loss) before reclassification, net of income tax expense of $1,629		(8,451	)		7,638			(813	)
Amounts reclassified from accumulated other comprehensive income (loss) to other income, net of income tax benefit of $13 included in income tax provision		—			46			46
Net current-period other comprehensive income (loss)		(8,451	)		7,684			(767	)
Balance - end of period	$	(34,432	)	$	(80,868	)	$	(115,300	)