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Accumulated Other Comprehensive Income or Loss (Tables)

12 Months Ended

Dec. 30, 2023

Schedule Of Accumulated Other Comprehensive Income (Loss)

Changes in AOCI are as follows:


(In thousands)	2023			2022			2021
Postretirement benefit plans:
Balance at beginning of the year, net of tax	$	2,979		$	(1,455	)	$	(2,276	)
Other comprehensive income before reclassifications		203			6,576			837
Income tax expense		(51	)		(1,614	)		(203	)
Other comprehensive income, net of tax, before reclassifications		152			4,962			634
Reclassification into net earnings (a)		(2,677	)		(701	)		250
Income tax benefit (expense) (b)		658			173			(63	)
Amounts reclassified out of AOCI, net of tax		(2,019	)		(528	)		187
Other comprehensive (loss) income, net of tax		(1,867	)		4,434			821
Balance at end of the year, net of tax	$	1,112		$	2,979		$	(1,455	)
Interest rate swap:
Balance at beginning of the year, net of tax	$	—		$	—		$	—
Other comprehensive income before reclassifications		1,419			—			—
Income tax expense		(332	)		—			—
Other comprehensive income, net of tax, before reclassifications		1,087			—			—
Reclassification into net earnings (c)		(1,832	)		—			—
Income tax benefit (b)		429			—			—
Amounts reclassified out of AOCI, net of tax		(1,403	)		—			—
Other comprehensive loss, net of tax		(316	)		—			—
Balance at end of the year, net of tax	$	(316	)	$	—		$	—

Total accumulated other comprehensive income (loss)	$	796		$	2,979		$	(1,455	)

(a)

Reclassified from AOCI into Other, net, or Selling, general and administrative expense. Amounts include amortization of net actuarial loss, amortization of prior service credit, and settlement expense totaling $0.4 million and $0.7 million in 2023 and 2022, respectively. There was no settlement expense in 2021.

(b)

Reclassified from AOCI into Income tax expense (benefit).

(c)

Reclassified from AOCI into Interest expense.