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Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
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Dec. 28, 2024
Equity [Abstract] |
Schedule of components of comprehensive income (loss) | Changes in other comprehensive income (loss) by component for fiscal years 2024, 2023, and 2022 were as follows:
| Fiscal Year Ended
| December 28, 2024 |  | December 30, 2023 |  | December 31, 2022
(in thousands) | Pre-tax |  | Tax |  | Net of tax |  | Pre-tax |  | Tax |  | Net of tax |  | Pre-tax |  | Tax |  | Net of tax
Defined benefit pension plan and other adjustments | $ | (2,947) |  |  | $ | 51 |  |  | $ | (2,896) |  |  | $ | (5,911) |  |  | $ | 491 |  |  | $ | (5,420) |  |  | $ | 11,560 |  |  | $ | (1,825) |  |  | $ | 9,735 |
Cash flow hedges | (3,188) |  |  | 41 |  |  | (3,147) |  |  | (2,827) |  |  | 679 |  |  | (2,148) |  |  | 8,679 |  |  | (2,083) |  |  | 6,596 |
Foreign currency translation adjustments (1) | (86,273) |  |  | 1,772 |  |  | (84,501) |  |  | 48,227 |  |  | (712) |  |  | 47,515 |  |  | (39,619) |  |  | 987 |  |  | (38,632) |
Total change in other comprehensive income (loss) | $ | (92,408) |  |  | $ | 1,864 |  |  | $ | (90,544) |  |  | $ | 39,489 |  |  | $ | 458 |  |  | $ | 39,947 |  |  | $ | (19,380) |  |  | $ | (2,921) |  |  | $ | (22,301) |
(1) 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 income (loss) | Accumulated Other Comprehensive Loss (“AOCI”): The following table sets forth the changes in the components of AOCI by component for fiscal years 2024, 2023, and 2022:
(in thousands) | Pension and postretirement liability and reclassification adjustments |  | Cash flow hedges |  | Foreign currency translation adjustments |  | Accumulated other comprehensive income (loss)
Balance at January 1, 2022 | $ | (11,928) |  |  | $ | — |  |  | $ | (61,535) |  |  | $ | (73,463) |
2022 activity | 9,735 |  |  | 6,596 |  |  | (38,632) |  |  | (22,301) |
Balance at December 31, 2022 | $ | (2,193) |  |  | $ | 6,596 |  |  | $ | (100,167) |  |  | $ | (95,764) |
2023 activity | (5,420) |  |  | (2,148) |  |  | 47,515 |  |  | 39,947 |
Balance at December 30, 2023 | $ | (7,613) |  |  | $ | 4,448 |  |  | $ | (52,652) |  |  | $ | (55,817) |
2024 activity | (2,896) |  |  | (3,147) |  |  | (84,501) |  |  | (90,544) |
Balance at December 28, 2024 | $ | (10,509) |  |  | $ | 1,301 |  |  | $ | (137,153) |  |  | $ | (146,361) |
Reclassification out of accumulated other comprehensive income | Amounts reclassified from accumulated other comprehensive loss to earnings for fiscal years 2024, 2023, and 2022 were as follows:
|  | Fiscal Year Ended
(in thousands) |  | December 28, 2024 |  | December 30, 2023 |  | December 31, 2022
Pension and postemployment and other plans: |  |  |  |  |  |
Amortization of prior service, net actuarial loss (gain), and other |  | $ | 3,441 |  |  | $ | (43) |  |  | $ | 785 |
Net settlement loss and accelerated prior service costs |  | 299 |  |  | 247 |  |  | 477 |
Total |  | $ | 3,740 |  |  | $ | 204 |  |  | $ | 1,262 |

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