XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.21.2

Comprehensive Income and Accumulated Other Comprehensive Income (Loss) | 6 Months Ended
--- | ---
Jul. 04, 2021
Equity [Abstract] |
Comprehensive Income and Accumulated Other Comprehensive Income (Loss) | Comprehensive Income and Accumulated Other Comprehensive Income (Loss) The following table summarizes total comprehensive income (losses):
| Three Months Ended |  | Six Months Ended |  |
| July 4, 2021 |  | June 28, 2020 |  | July 4, 2021 |  | June 28, 2020 |  |  |  |
| (In thousands)
Net income (loss) | $ | 43,972 |  |  | $ | (67,881) |  |  | $ | 72,713 |  |  | $ | (79,100) |  |  |  |  |
Foreign currency translation adjustments, net of tax | (22,257) |  |  | (44,671) |  |  | 30,507 |  |  | (22,881) |  |  |  |  |
Adjustments to pension and postretirement liability, net of tax | 763 |  |  | 372 |  |  | 1,527 |  |  | 755 |  |  |  |  |
Total comprehensive income (loss) | 22,478 |  |  | (112,180) |  |  | 104,747 |  |  | (101,226) |  |  |  |  |
Less: Comprehensive income (loss) attributable to noncontrolling interests | (21) |  |  | 171 |  |  | (143) |  |  | (9) |  |  |  |  |
Comprehensive income (loss) attributable to Belden | $ | 22,499 |  |  | $ | (112,351) |  |  | $ | 104,890 |  |  | $ | (101,217) |  |  |  |  |
The tax impacts of the foreign currency translation adjustments and pension liability adjustments in the table above are not material. The accumulated balances related to each component of other comprehensive income (loss), net of tax, are as follows:
| Foreign Currency Translation Component |  | Pension and Other Postretirement Benefit Plans |  | Accumulated Other Comprehensive Income (Loss)
| (In thousands)
Balance at December 31, 2020 | $ | (131,181) |  |  | $ | (60,670) |  |  | $ | (191,851) |
Other comprehensive income attributable to Belden before reclassifications | 31,910 |  |  | — |  |  | 31,910 |
Amounts reclassified from accumulated other comprehensive income (loss) | (977) |  |  | 1,527 |  |  | 550 |
Net current period other comprehensive income attributable to Belden | 30,933 |  |  | 1,527 |  |  | 32,460 |
Balance at July 4, 2021 | $ | (100,248) |  |  | $ | (59,143) |  |  | $ | (159,391) |
The following table summarizes the effects of reclassifications from accumulated other comprehensive income (loss) for the six months ended July 4, 2021:
| Amount Reclassified from Accumulated Other Comprehensive Income (2) |  | Affected Line Item in the Consolidated Statements of Operations and Comprehensive Income
| (In thousands) |  |
Amortization of pension and other postretirement benefit plan items: |  |  |
Actuarial losses | $ | 1,944 |  |  | (1)
Prior service cost | 56 |  |  | (1)
Total before tax | 2,000 |  |  |
Tax benefit | (473) |  |  |
Total net of tax | $ | 1,527 |  |  |
(1) The amortization of these accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit costs (see Note 16). (2) We reclassified $1.0 million of accumulated foreign currency translation gains associated with the sale of our oil and gas cable business in Brazil.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration