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Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
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Jun. 29, 2024
Equity [Abstract] |
Schedule of Components of Comprehensive Income (Loss) | Changes in other comprehensive income (loss) by component were as follows:
(in thousands) |  | Three Months Ended June 29, 2024 |  | Three Months Ended July 1, 2023
|  | Pre-tax |  | Tax |  | Net of Tax |  | Pre-tax |  | Tax |  | Net of Tax
Defined benefit pension plan and other adjustments |  | $ | 336 |  |  | $ | (10) |  |  | $ | 326 |  |  | $ | (146) |  |  | $ | (13) |  |  | $ | (159) |
Cash flow hedge |  | (23) |  |  | 5 |  |  | (18) |  |  | 4,096 |  |  | (983) |  |  | 3,113 |
Foreign currency translation adjustments (a) |  | (21,542) |  |  | 167 |  |  | (21,375) |  |  | (17,865) |  |  | — |  |  | (17,865) |
Total change in other comprehensive (loss) income |  | $ | (21,229) |  |  | $ | 162 |  |  | $ | (21,067) |  |  | $ | (13,915) |  |  | $ | (996) |  |  | $ | (14,911) |
(in thousands) |  | Six Months Ended June 29, 2024 |  | Six Months Ended July 1, 2023
|  | Pre-tax |  | Tax |  | Net of Tax |  | Pre-tax |  | Tax |  | Net of Tax
Defined benefit pension plan and other adjustments |  | $ | 696 |  |  | $ | (26) |  |  | $ | 670 |  |  | $ | (122) |  |  | $ | (31) |  |  | $ | (153) |
Cash flow hedge |  | 2,511 |  |  | (603) |  |  | 1,908 |  |  | 783 |  |  | (188) |  |  | 595 |
Foreign currency translation adjustments (a) |  | (54,712) |  |  | 776 |  |  | (53,936) |  |  | (1,797) |  |  | (273) |  |  | (2,070) |
Total change in other comprehensive (loss) income |  | $ | (51,505) |  |  | $ | 147 |  |  | $ | (51,358) |  |  | $ | (1,136) |  |  | $ | (492) |  |  | $ | (1,628) |
(a) The tax shown above within the foreign currency translation adjustments is the U.S. tax associated with the foreign currency translation adjustments of earnings of non-U.S. subsidiaries which have been previously taxed in the U.S. and are not permanently reinvested.
Schedule of Accumulated Other Comprehensive (Loss) Income | The following tables set forth the changes i n accumulated other comprehensive loss by compon ent for the six months ended June 29, 2024 and July 1, 2023:
(in thousands) |  | Defined benefit pension plan and other adjustments |  | Cash flow hedge |  | Foreign currency translation adjustment |  | Accumulated other comprehensive loss
Balance at December 30, 2023 |  | $ | (7,613) |  |  | $ | 4,448 |  |  | $ | (52,652) |  |  | $ | (55,817) |
Activity in the period |  | 670 |  |  | 1,908 |  |  | (53,936) |  |  | (51,358) |
Balance at June 29, 2024 |  | $ | (6,943) |  |  | $ | 6,356 |  |  | $ | (106,588) |  |  | $ | (107,175) |
(in thousands) |  | Defined benefit pension plan and other adjustments |  | Cash flow hedge |  | Foreign currency translation adjustment |  | Accumulated other comprehensive loss
Balance at December 31, 2022 |  | $ | (2,193) |  |  | $ | 6,596 |  |  | $ | (100,167) |  |  | $ | (95,764) |
Activity in the period |  | (153) |  |  | 595 |  |  | (2,070) |  |  | (1,628) |
Balance at July 1, 2023 |  | $ | (2,346) |  |  | $ | 7,191 |  |  | $ | (102,237) |  |  | $ | (97,392) |
Amounts reclassified from accumulated other comprehensive loss to e arnings for the three and six months ended June 29, 2024 and July 1, 2023 were as follows:
|  | Three Months Ended |  | Six Months Ended
(in thousands) |  | June 29, 2024 |  | July 1, 2023 |  | June 29, 2024 |  | July 1, 2023
Pension and postemployment plans: |  |  |  |  |  |  |  |
Amortization of prior service and net actuarial loss (gain) |  | $ | 347 |  |  | $ | (11) |  |  | $ | 703 |  |  | $ | (22) |

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