XML 48 R37.htm IDEA: XBRL DOCUMENT
v3.22.2

Comprehensive Income and Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
--- | ---
Jul. 03, 2022
Equity [Abstract] |
Total Comprehensive Income (Loss) | The following table summarizes total comprehensive income (losses):
| Three Months Ended |  | Six Months Ended
| July 3, 2022 |  | July 4, 2021 |  | July 3, 2022 |  | July 4, 2021
| (In thousands)
Net income | $ | 58,642 |  |  | $ | 43,972 |  |  | $ | 94,486 |  |  | $ | 72,713 |
Foreign currency translation adjustments, net of tax | 51,945 |  |  | (22,257) |  |  | 55,707 |  |  | 30,507 |
Adjustments to pension and postretirement liability, net of tax | 181 |  |  | 763 |  |  | 374 |  |  | 1,527 |
Total comprehensive income | 110,768 |  |  | 22,478 |  |  | 150,567 |  |  | 104,747 |
Less: Comprehensive income (loss) attributable to noncontrolling interests | 56 |  |  | (21) |  |  | 86 |  |  | (143) |
Comprehensive income attributable to Belden | $ | 110,712 |  |  | $ | 22,499 |  |  | $ | 150,481 |  |  | $ | 104,890 |
Components of Other Comprehensive Income (Loss), Net of Tax | 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, 2021 | $ | (41,468) |  |  | $ | (29,098) |  |  | $ | (70,566) |
Other comprehensive income attributable to Belden before reclassifications | 58,712 |  |  | — |  |  | 58,712 |
Amounts reclassified from accumulated other comprehensive income (loss) | (3,007) |  |  | 374 |  |  | (2,633) |
Net current period other comprehensive income attributable to Belden | 55,705 |  |  | 374 |  |  | 56,079 |
Balance at July 3, 2022 | $ | 14,237 |  |  | $ | (28,724) |  |  | $ | (14,487) |
Summary of Effects of Reclassifications from Accumulated Other Comprehensive Income (Loss) | The following table summarizes the effects of reclassifications from accumulated other comprehensive income (loss) for the six months ended July 3, 2022:
| 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 | $ | 420 |  |  | (1)
Prior service cost | 91 |  |  | (1)
Total before tax | 511 |  |  |
Tax benefit | (137) |  |  |
Total net of tax | $ | 374 |  |  |
(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) In addition, we reclassified $3.0 million of accumulated foreign currency translation gains associated with the sale of Tripwire.

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

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration