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ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
12 Months Ended
Dec. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
The components of Accumulated other comprehensive (loss) income consisted of the following:
(dollars in thousands)Pension liability adjustmentsPost-retirement liability adjustmentsCumulative translation adjustmentsAccumulated other comprehensive (loss) income
Balance at January 2, 2021$(12,893)$1,440 $(21,307)$(32,760)
Fiscal year 2021 change3,973 (115)3,863 
Balance at January 1, 2022(8,920)1,325 (21,302)(28,897)
Fiscal year 2022 change1,739 344 (7,524)(5,441)
Balance at December 31, 2022(7,181)1,669 (28,826)(34,338)
Fiscal year 2023 change160 (330)10,593 10,423 
Balance at December 30, 2023$(7,021)$1,339 $(18,233)$(23,915)
As of December 30, 2023 and December 31, 2022, the cumulative tax effect on the pension liability adjustments were each $2.2 million. As of December 30, 2023 and December 31, 2022, the cumulative tax effect on the post-retirement liability adjustments were approximately $0.4 million and $0.5 million, respectively.
For the fiscal years ended December 30, 2023 and December 31, 2022, amounts reclassified from Accumulated other comprehensive loss to the consolidated statements of operations consisted of amortization of actuarial gains and losses related to the Company’s defined benefit pension plan and defined benefit post-retirement plans. Such amortization amounts are included in the net periodic cost or benefit recognized for these plans during the respective fiscal year. For additional information, see Note 17, Employee Benefit Plans, to the consolidated financial statements.