XML 25 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Items (Tables)
6 Months Ended
Jun. 28, 2014
Accumulated Other Comprehensive Items [Abstract]  
Components of accumulated other comprehensive items
Changes in each component of accumulated other comprehensive items (AOCI), net of tax, in the accompanying condensed consolidated balance sheet are as follows:
(In thousands)
 
Foreign
Currency
Translation
Adjustment
  
Unrecognized
Prior Service
Cost
  
Deferred Loss
on Pension and
Other Post-
Retirement
Plans
  
Deferred Loss
on Hedging
Instruments
  
Accumulated
Other
Comprehensive
Items
 
Balance at December 28, 2013
 
$
8,919
  
$
(657
)
 
$
(6,919
)
 
$
(633
)
 
$
710
 
Other comprehensive loss before reclassifications
  
(171
)
  
(51
)
  
(1
)
  
(356
)
  
(579
)
Reclassifications from AOCI
  
   
47
   
115
   
349
   
511
 
Net current period other comprehensive  (loss) income
  
(171
)
  
(4
)
  
114
   
(7
)
  
(68
)
Balance at June 28, 2014
 
$
8,748
  
$
(661
)
 
$
(6,805
)
 
$
(640
)
 
$
642
 
 
                    
Balance at December 29, 2012
 
$
8,124
  
$
(748
)
 
$
(9,645
)
 
$
(1,046
)
 
$
(3,315
)
Other comprehensive (loss) income before reclassifications
  
(3,466
)
  
   
9
   
(37
)
  
(3,494
)
Reclassifications from AOCI
  
   
46
   
202
   
326
   
574
 
Net current period other comprehensive  (loss) income
  
(3,466
)
  
46
   
211
   
289
   
(2,920
)
Balance at June 29, 2013
 
$
4,658
  
$
(702
)
 
$
(9,434
)
 
$
(757
)
 
$
(6,235
)

Reclassification out of accumulated other comprehensive items
Amounts reclassified out of accumulated other comprehensive items are as follows:

 
 
Three Months Ended
  
Six Months Ended
 
Statement of Income
(In thousands)
 
June 28, 2014
  
June 29, 2013
  
June 28, 2014
  
June 29, 2013
 
Line Item
Pension and Other Post-retirement Plans: (1)
 
  
  
  
 
      
Amortization of prior service cost
 
$
(38
)
 
$
(35
)
 
$
(73
)
 
$
(70
)
SG&A expenses
Amortization of actuarial losses
  
(88
)
  
(137
)
  
(176
)
  
(309
)
SG&A expenses
Total expense before income taxes
  
(126
)
  
(172
)
  
(249
)
  
(379
)
 
Income tax benefit
  
44
   
59
   
87
   
131
 
Provision for income taxes
 
  
(82
)
  
(113
)
  
(162
)
  
(248
)
 
Cash Flow Hedges: (2)
                
      
Interest rate swap agreements
  
(84
)
  
(90
)
  
(168
)
  
(196
)
Interest expense
Forward currency-exchange contracts
  
   
(40
)
  
   
(83
)
Revenues
Forward currency-exchange contract
  
(278
)
  
   
(278
)
  
 
SG&A expenses
Total expense before income taxes
  
(362
)
  
(130
)
  
(446
)
  
(279
)
 
Income tax benefit (expense)
  
67
   
46
   
97
   
(47
)
Provision for income taxes
 
  
(295
)
  
(84
)
  
(349
)
  
(326
)
 
Total reclassifications
 
$
(377
)
 
$
(197
)
 
$
(511
)
 
$
(574
)
 

(1)Included in the computation of net periodic benefit costs. See Note 8 for additional information.
(2)See Note 10 for additional information.