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Accumulated Other Comprehensive Income (Loss) (Tables) | 9 Months Ended
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Sep. 29, 2019
Equity [Abstract] |
Summary of Accumulated Other Comprehensive (Loss) | A summary of AOCI(L) for the third quarter of 2019 and the third quarter of 2018 is as follows:
(in thousands) |  | June 30, 2019 |  |  | Pre-tax Activity |  |  | Tax Effect |  |  | September 29, 2019 |
Net pension activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial loss |  | $ | (71,332 | ) |  | $ | 901 |  |  | $ | (222 | ) |  | $ | (70,653 | )
Prior service costs |  |  | (15 | ) |  |  | 5 |  |  |  | (1 | ) |  |  | (11 | )
Net postretirement benefits activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial loss |  |  | (4,607 | ) |  |  | 196 |  |  |  | (48 | ) |  |  | (4,459 | )
Prior service costs |  |  | (136 | ) |  |  | (324 | ) |  |  | 80 |  |  |  | (380 | )
Interest rate swap |  |  | - |  |  |  | (496 | ) |  |  | 122 |  |  |  | (374 | )
Foreign currency translation adjustment |  |  | (4 | ) |  |  | (23 | ) |  |  | 6 |  |  |  | (21 | )
Reclassification of stranded tax effects |  |  | (19,720 | ) |  |  | - |  |  |  | - |  |  |  | (19,720 | )
Total |  | $ | (95,814 | ) |  | $ | 259 |  |  | $ | (63 | ) |  | $ | (95,618 | )
(in thousands) |  | July 1, 2018 |  |  | Pre-tax Activity |  |  | Tax Effect |  |  | September 30, 2018 |
Net pension activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial loss |  | $ | (77,212 | ) |  | $ | 934 |  |  | $ | (231 | ) |  | $ | (76,509 | )
Prior service costs |  |  | (34 | ) |  |  | 6 |  |  |  | (2 | ) |  |  | (30 | )
Net postretirement benefits activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial loss |  |  | (16,547 | ) |  |  | 499 |  |  |  | (123 | ) |  |  | (16,171 | )
Prior service costs |  |  | 1,048 |  |  |  | (462 | ) |  |  | 114 |  |  |  | 700 |
Foreign currency translation adjustment |  |  | 8 |  |  |  | (2 | ) |  |  | 1 |  |  |  | 7 |
Total |  | $ | (92,737 | ) |  | $ | 975 |  |  | $ | (241 | ) |  | $ | (92,003 | )
A summary of AOCI(L) for the first nine months of 2019 and the first nine months of 2018 is as follows:
(in thousands) |  | December 30, 2018 |  |  | Pre-tax Activity |  |  | Tax Effect |  |  | September 29, 2019 |
Net pension activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial loss |  | $ | (72,690 | ) |  | $ | 2,702 |  |  | $ | (665 | ) |  | $ | (70,653 | )
Prior service costs |  |  | (24 | ) |  |  | 17 |  |  |  | (4 | ) |  |  | (11 | )
Net postretirement benefits activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial loss |  |  | (4,902 | ) |  |  | 587 |  |  |  | (144 | ) |  |  | (4,459 | )
Prior service costs |  |  | 351 |  |  |  | (970 | ) |  |  | 239 |  |  |  | (380 | )
Interest rate swap |  |  | - |  |  |  | (496 | ) |  |  | 122 |  |  |  | (374 | )
Foreign currency translation adjustment |  |  | - |  |  |  | (26 | ) |  |  | 5 |  |  |  | (21 | )
Reclassification of stranded tax effects |  |  | - |  |  |  | - |  |  |  | (19,720 | ) |  |  | (19,720 | )
Total |  | $ | (77,265 | ) |  | $ | 1,814 |  |  | $ | (20,167 | ) |  | $ | (95,618 | )
(in thousands) |  | December 31, 2017 |  |  | Pre-tax Activity |  |  | Tax Effect |  |  | September 30, 2018 |
Net pension activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial loss |  | $ | (78,618 | ) |  | $ | 2,800 |  |  | $ | (691 | ) |  | $ | (76,509 | )
Prior service costs |  |  | (43 | ) |  |  | 18 |  |  |  | (5 | ) |  |  | (30 | )
Net postretirement benefits activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial loss |  |  | (17,299 | ) |  |  | 1,497 |  |  |  | (369 | ) |  |  | (16,171 | )
Prior service costs |  |  | 1,744 |  |  |  | (1,386 | ) |  |  | 342 |  |  |  | 700 |
Foreign currency translation adjustment |  |  | 14 |  |  |  | (10 | ) |  |  | 3 |  |  |  | 7 |
Total |  | $ | (94,202 | ) |  | $ | 2,919 |  |  | $ | (720 | ) |  | $ | (92,003 | )
Summary of Impact of Accumulated Other Comprehensive Income (Loss) on Statement of Operations | A summary of the impact of AOCI(L) on certain statements of operations line items is as follows:
|  | Third Quarter 2019 |
(in thousands) |  | Net Pension Activity |  |  | Net Postretirement Benefits Activity |  |  | Interest Rate Swap |  |  | Foreign Currency Translation Adjustment |  |  | Total |
Cost of sales |  | $ | 265 |  |  | $ | (67 | ) |  | $ | - |  |  | $ | - |  |  | $ | 198 |
Selling, delivery and administrative expenses |  |  | 641 |  |  |  | (61 | ) |  |  | (496 | ) |  |  | (23 | ) |  |  | 61 |
Subtotal pre-tax |  |  | 906 |  |  |  | (128 | ) |  |  | (496 | ) |  |  | (23 | ) |  |  | 259 |
Income tax expense |  |  | 223 |  |  |  | (32 | ) |  |  | (122 | ) |  |  | (6 | ) |  |  | 63 |
Total after tax effect |  | $ | 683 |  |  | $ | (96 | ) |  | $ | (374 | ) |  | $ | (17 | ) |  | $ | 196 |
|  | Third Quarter 2018 |
(in thousands) |  | Net Pension Activity |  |  | Net Postretirement Benefits Activity |  |  | Foreign Currency Translation Adjustment |  |  | Total |
Cost of sales |  | $ | 217 |  |  | $ | 6 |  |  | $ | - |  |  | $ | 223 |
Selling, delivery and administrative expenses |  |  | 723 |  |  |  | 31 |  |  |  | (2 | ) |  |  | 752 |
Subtotal pre-tax |  |  | 940 |  |  |  | 37 |  |  |  | (2 | ) |  |  | 975 |
Income tax expense |  |  | 233 |  |  |  | 9 |  |  |  | (1 | ) |  |  | 241 |
Total after tax effect |  | $ | 707 |  |  | $ | 28 |  |  | $ | (1 | ) |  | $ | 734 |
|  | First Nine Months 2019 |
(in thousands) |  | Net Pension Activity |  |  | Net Postretirement Benefits Activity |  |  | Interest Rate Swap |  |  | Foreign Currency Translation Adjustment |  |  | Total |
Cost of sales |  | $ | 794 |  |  | $ | (200 | ) |  | $ | - |  |  | $ | - |  |  | $ | 594 |
Selling, delivery and administrative expenses |  |  | 1,925 |  |  |  | (183 | ) |  |  | (496 | ) |  |  | (26 | ) |  |  | 1,220 |
Subtotal pre-tax |  |  | 2,719 |  |  |  | (383 | ) |  |  | (496 | ) |  |  | (26 | ) |  |  | 1,814 |
Income tax expense |  |  | 669 |  |  |  | (95 | ) |  |  | (122 | ) |  |  | (5 | ) |  |  | 447 |
Total after tax effect |  | $ | 2,050 |  |  | $ | (288 | ) |  | $ | (374 | ) |  | $ | (21 | ) |  | $ | 1,367 |
|  | First Nine Months 2018 |
(in thousands) |  | Net Pension Activity |  |  | Net Postretirement Benefits Activity |  |  | Foreign Currency Translation Adjustment |  |  | Total |
Cost of sales |  | $ | 648 |  |  | $ | 19 |  |  | $ | - |  |  | $ | 667 |
Selling, delivery and administrative expenses |  |  | 2,170 |  |  |  | 92 |  |  |  | (10 | ) |  |  | 2,252 |
Subtotal pre-tax |  |  | 2,818 |  |  |  | 111 |  |  |  | (10 | ) |  |  | 2,919 |
Income tax expense |  |  | 696 |  |  |  | 27 |  |  |  | (3 | ) |  |  | 720 |
Total after tax effect |  | $ | 2,122 |  |  | $ | 84 |  |  | $ | (7 | ) |  | $ | 2,199 |

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