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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
The components of Accumulated other comprehensive loss (“AOCI”) are as follows:
 
Cumulative Translation Adjustment
 
Hedges
 
Defined Benefit Plans
 
Income Taxes
 
Accumulated Other Comprehensive Loss
 
 
 
 
Balance at December 31, 2016
$
(78,059
)
 
$
13,772

 
$
(606,583
)
 
$
234,879

 
$
(435,991
)
Amounts reclassified from accumulated other comprehensive loss

 
(3,348
)
 
14,440

 
(4,611
)
 
6,481

Current-period other comprehensive income (loss) activity
34,047

 
(43,660
)
 

 
12,481

 
2,868

 
 
 
 
 
 
 
 
 
 
Balance at September 30, 2017
$
(44,012
)
 
$
(33,236
)
 
$
(592,143
)
 
$
242,749

 
$
(426,642
)
Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss
The Company had the following reclassifications out of AOCI:
Component of AOCI
 
Location of Reclassification into Income
 
Amount of Reclassification
from AOCI
 
Amount of Reclassification
from AOCI
 
Quarter Ended
 
Nine Months Ended
 
September 30,
2017
 
October 1,
2016
 
September 30,
2017
 
October 1,
2016
Gain on foreign exchange contracts
 
Cost of sales
 
$
414

 
$
715

 
$
3,348

 
$
4,424


 
Income tax
 
191

 
(278
)
 
(934
)
 
(1,721
)

 
Net of tax
 
605

 
437

 
2,414

 
2,703

Amortization of deferred actuarial loss and prior service cost
 
Selling, general and administrative
expenses
 
(4,862
)
 
(4,307
)
 
(14,440
)
 
(12,843
)

 
Income tax
 
1,867

 
1,675

 
5,545

 
4,996


 
Net of tax
 
(2,995
)
 
(2,632
)
 
(8,895
)
 
(7,847
)
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications
 
 
 
$
(2,390
)
 
$
(2,195
)
 
$
(6,481
)
 
$
(5,144
)