Accumulated Other Comprehensive Items

9 Months Ended

Sep. 26, 2020

Comprehensive income combines net income and other comprehensive items, which represent certain amounts that are reported as components of stockholders' equity in the accompanying condensed consolidated balance sheet.

Changes in each component of accumulated other comprehensive items (AOCI), net of tax, are as follows:


(In thousands)	Foreign Currency Translation Adjustment		Pension and Other Post-Retirement Benefit Liability Adjustments		Deferred Loss on Cash Flow Hedges		Total
Balance at December 28, 2019	$	(36,145)	$	(831)	$	(644)	$	(37,620)
Other comprehensive income (loss) before reclassifications	748		(1)		(420)		327
Reclassifications from AOCI	—		(84)		145		61
Net current period other comprehensive items	748		(85)		(275)		388
Balance at September 26, 2020	$	(35,397)	$	(916)	$	(919)	$	(37,232)

Amounts reclassified from AOCI are as follows:


	Three Months Ended				Nine Months Ended
(In thousands)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019		Statement of Income Line Item
Retirement Benefit Plans (a)
Recognized net actuarial loss	$	(14)	$	(16)	$	(43)	$	(48)	Other expense, net
Amortization of prior service cost	(2)		—		(5)		—		Other expense, net
Total expense before income taxes	(16)		(16)		(48)		(48)
Income tax benefit	4		4		132		12		Provision for income taxes
	(12)		(12)		84		(36)
Cash Flow Hedges (b)
Interest rate swap agreements	(109)		(10)		(215)		17		Interest expense
Forward currency-exchange contracts	47		—		24		(129)		Cost of revenue
Total expense before income taxes	(62)		(10)		(191)		(112)
Income tax benefit	15		2		46		35		Provision for income taxes
	(47)		(8)		(145)		(77)
Total Reclassifications	$	(59)	$	(20)	$	(61)	$	(113)

(a)Included in the computation of net periodic benefit cost. See Note 8, Retirement Benefit Plans, for additional information.

(b)See Note 10, Derivatives, for additional information.