Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 28, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Loss


	Nine Months Ended
	September 28, 2024		September 30, 2023
Unrecognized components of employee benefit plans, net of tax
Balance, beginning of period	$	(33,537)	$	(43,694)
Other comprehensive income (loss) before reclassifications	3,371		(3,034)
Income tax on other comprehensive gain (loss)	(901)		804
Reclassifications to earnings(a)
Amortization of gain	(587)		(531)
Amortization of prior service cost	540		259
Income tax on reclassifications	11		70
Net comprehensive income (loss) on employee benefit plans, net of tax	2,434		(2,432)
Balance, end of period	(31,103)		(46,126)

Unrealized loss on derivative instruments, net of tax
Balance, beginning of period	(373)		(567)
Reclassifications to earnings - foreign currency exchange contracts(b)	135		173
Income tax on reclassifications	(18)		(23)
Net comprehensive gain on derivative instruments, net of tax	117		150
Balance, end of period	(256)		(417)

Foreign currency translation
Balance, beginning of period	(12,007)		(19,537)
Foreign currency translation adjustment, net of tax(c)	2,064		(1,109)
Balance, end of period	(9,943)		(20,646)

Accumulated other comprehensive loss, end of period	$	(41,302)	$	(67,189)

(a)The AOCI components for defined benefit pension and post-retirement plans are included in the computation of net periodic benefit cost. See Note 14—Employee Benefit Plans for further information.

(b)Reclassifications of foreign currency exchange contracts are recorded in “cost of sales,” “other operating income (expense), net” or “other income (expense), net,” as appropriate.

(c)Foreign currency translation is net of tax effects of $0 for all periods presented, as the French operations are taxed on the foreign functional currency, not the translated reporting currency.