STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 30, 2025

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The following tables provide information regarding the changes in accumulated other comprehensive loss:


	Three Months Ended March 30, 2025
	Losses Related to Foreign Currency Translation		Losses on Derivative Financial Instruments Classified as Cash Flow Hedges		Losses Related to Pension and Other Postretirement Benefits		Losses on Available-for-Sale Securities		Total
	(In thousands)
Balance, beginning of period	$	(337,243)	$	(2,007)	$	(31,028)	$	(22)	$	(370,300)
Other comprehensive income (loss) before reclassifications	84,972		1,673		(484)		(60)		86,101
Amounts reclassified from accumulated other comprehensive loss (income) to net income	—		(10)		(60)		41		(29)
Currency translation	—		(13)		8		—		(5)
Net current period other comprehensive income (loss)	84,972		1,650		(536)		(19)		86,067
Balance, end of period	$	(252,271)	$	(357)	$	(31,564)	$	(41)	$	(284,233)


	Three Months Ended March 31, 2024
	Losses Related to Foreign Currency Translation		Losses on Derivative Financial Instruments Classified as Cash Flow Hedges		Losses Related to Pension and Other Postretirement Benefits		Losses on Available-for-Sale Securities		Total
	(In thousands)
Balance, beginning of period	$	(114,850)	$	(1,914)	$	(59,714)	$	(5)	$	(176,483)
Other comprehensive income (loss) before reclassifications	(32,490)		455		3,020		—		(29,015)
Amounts reclassified from accumulated other comprehensive loss (income) to net income	—		(1,041)		106		(6)		(941)
Currency translation	—		10		65		—		75
Net current period other comprehensive income (loss)	(32,490)		(576)		3,191		(6)		(29,881)
Balance, end of period	$	(147,340)	$	(2,490)	$	(56,523)	$	(11)	$	(206,364)

Schedule of Reclassification from Accumulated Other Comprehensive Loss


	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)(a)
Details about Accumulated Other Comprehensive Income (Loss) Components	Three Months Ended March 30, 2025		Three Months Ended March 31, 2024		Affected Line Item in the Condensed Consolidated Statements of Income (Loss)
	(In thousands)
Realized gains on settlement of foreign currency derivatives classified as cash flow hedges	$	(3)	$	1,041	Net sales
Realized losses on settlement of foreign currency derivatives classified as cash flow hedges	13		—		Cost of sales
Realized gains on sale of securities	(54)		8		Interest income
Amortization of pension and other postretirement plan actuarial losses(b)	80		(140)		Miscellaneous, net
Total before tax	36		909
Tax benefit	(7)		32
Total reclassification for the period	$	29	$	941

(a) Positive amounts represent income to the results of operations while amounts in parentheses represent expenses to the results of operations.

(b) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See “Note 14. Pension and Other Postretirement Benefits.”