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STOCKHOLDERS' EQUITY (Tables) | 9 Months Ended
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Sep. 29, 2019
Equity [Abstract] |
Schedule of Changes in Accumulated Other Comprehensive Loss | The following tables provide information regarding the changes in accumulated other comprehensive loss:
| Thirty-Nine Weeks Ended September 29, 2019(a)
| Losses Related to Foreign Currency Translation |  | Unrealized Losses on Derivative Financial Instruments Classified as Cash Flow Hedges |  | Losses Related to Pension and Other Postretirement Benefits |  | Unrealized Holding Gains on Available-for-Sale Securities |  | Total
| (In thousands)
Balance, beginning of period | $ | (55,770 | ) |  | $ | (683 | ) |  | $ | (71,463 | ) |  | $ | 82 |  |  | $ | (127,834 | )
Other comprehensive income (loss) before reclassifications | (50,824 | ) |  | (1,257 | ) |  | (6,962 | ) |  | 383 |  |  | (58,660 | )
Amounts reclassified from accumulated other comprehensive income (loss) to net income | — |  |  | 74 |  |  | 745 |  |  | (353 | ) |  | 466 |
Currency translation | — |  |  | (12 | ) |  | — |  |  | — |  |  | (12 | )
Net current period other comprehensive income (loss) | (50,824 | ) |  | (1,195 | ) |  | (6,217 | ) |  | 30 |  |  | (58,206 | )
Balance, end of period | $ | (106,594 | ) |  | $ | (1,878 | ) |  | $ | (77,680 | ) |  | $ | 112 |  |  | $ | (186,040 | )
| Thirty-Nine Weeks Ended September 30, 2018(a)
| Losses Related to Foreign Currency Translation |  | Unrealized Losses on Derivative Financial Instruments Classified as Cash Flow Hedges |  | Losses Related to Pension and Other Postretirement Benefits |  | Unrealized Holding Gains on Available-for-Sale Securities |  | Total
| (In thousands)
Balance, beginning of period | $ | 42,081 |  |  | $ | (1,848 | ) |  | $ | (71,434 | ) |  | $ | 61 |  |  | $ | (31,140 | )
Other comprehensive income (loss) before reclassifications | (58,892 | ) |  | 33 |  |  | 5,415 |  |  | 985 |  |  | (52,459 | )
Amounts reclassified from accumulated other comprehensive income (loss) to net income | — |  |  | 329 |  |  | 683 |  |  | (956 | ) |  | 56 |
Currency translation | — |  |  | (5 | ) |  | — |  |  | — |  |  | (5 | )
Net current period other comprehensive income (loss) | (58,892 | ) |  | 357 |  |  | 6,098 |  |  | 29 |  |  | (52,408 | )
Balance, end of period | $ | (16,811 | ) |  | $ | (1,491 | ) |  | $ | (65,336 | ) |  | $ | 90 |  |  | $ | (83,548 | )
(a) All amounts are net of tax. Amounts in parentheses indicate debits to accumulated other comprehensive income (loss).
Schedule of Reclassification from Accumulated Other Comprehensive Loss |
|  | Amounts Reclassified from Accumulated Other Comprehensive Loss(a) |  |
Details about Accumulated Other Comprehensive Loss Components |  | Thirty-Nine Weeks Ended September 29, 2019 |  | Thirty-Nine Weeks Ended September 30, 2018 |  | Affected Line Item in the Condensed Consolidated Statements of Income
|  | (In thousands) |  |
Realized loss on derivative financial instruments classified as cash flow hedges |  | $ | (74 | ) |  | $ | (329 | ) |  | Cost of sales
Realized gain on sale of securities |  | 466 |  |  | 1,263 |  |  | Interest income
Amortization of defined benefit pension and other postretirement plan actuarial losses: |  |  |  |  |  |
Union employees pension plan(b)(d) |  | (54 | ) |  | (36 | ) |  | Miscellaneous, net
Legacy GK plans-production employees(c)(d) |  | (290 | ) |  | (270 | ) |  | Miscellaneous, net
Legacy GK plans-administrative employees(c)(d) |  | (640 | ) |  | (596 | ) |  | Miscellaneous, net
Total before tax |  | (592 | ) |  | 32 |  |  |
Tax benefit (expense) |  | 126 |  |  | (88 | ) |  |
Total reclassification for the period |  | $ | (466 | ) |  | $ | (56 | ) |  |
(a) | Amounts in parentheses represent debits to results of operations.
(b) | The Company sponsors the Union Plan, a qualified defined benefit pension plan covering certain locations or work groups with collective bargaining agreements.
(c) | The Company sponsors the GK Pension Plan, a qualified defined benefit pension plan covering certain eligible U.S. employees who were employed at locations that the Company purchased through its acquisition of Gold Kist in 2007, the SERP Plan, a nonqualified defined benefit retirement plan covering certain former Gold Kist executives, the Directors’ Emeriti Plan, a nonqualified defined benefit retirement plan covering certain former Gold Kist directors and the Retiree Life Plan, a defined benefit postretirement life insurance plan covering certain retired Gold Kist employees (collectively, the “Legacy GK Plans”).
(d) | These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See “Note 14. Pension and Other Postretirement Benefits” to the Condensed Consolidated Financial Statements.

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