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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 25, 2015
Sep. 30, 2016
Sep. 25, 2015
Statement of Comprehensive Income [Abstract]        
Net income $ 32,199 $ 23,545 $ 102,372 $ 138,649
Other comprehensive loss:        
Foreign currency translation, net of tax of $462, $0, $2,898 and $0 (31,679) (145,177) (185,743) (217,418)
Unrealized gain (loss) on hedging activities, net of tax of ($12,108), $1,641, $(13,807) and $16,069 9,146 (6,830) 3,826 5,429
Changes in deferred tax related to pension and other post-retirement benefit cost 0 0 0 3,817
Amounts reclassified from Accumulated other comprehensive loss:        
Net pension and other post-retirement benefit cost, net of tax of $476, $903, $1,974 and $3,574 871 1,813 3,579 5,887
Foreign currency translation adjustment resulting from Venezuela deconsolidation 2,378 [1] 0 2,378 [1] 0
Other comprehensive loss (19,284) (150,194) (175,960) (202,285)
Comprehensive income (loss) 12,915 (126,649) (73,588) (63,636)
Less: comprehensive income (loss) attributable to noncontrolling interest 7,940 (6,790) 16,968 (1,434)
Comprehensive income (loss) attributable to Colfax Corporation $ 4,975 $ (119,859) $ (90,556) $ (62,202)
[1] Represents foreign currency translation charges reclassified as a result of the deconsolidation of the Company’s Venezuelan operations which are included in Selling, general and administrative expense for the three and nine months ended September 30, 2016. See Note 1, “General” for additional details.