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Accumulated Other Comprehensive Income (Loss)
9 Months Ended
Sep. 28, 2024
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Note 10 – Accumulated Other Comprehensive Income (Loss)

The cumulative balance of each component of other comprehensive income (loss) and the income tax effects allocated to each component are as follows:

 
Pension and
other post-
retirement
actuarial
items
   
Currency
translation
adjustment
   
Total
 
Balance at January 1, 2024
 
$
(14,599
)
 
$
24,936
   
$
10,337
 
Other comprehensive income (loss) before reclassifications
   
(2,574
)
   
5,768
 
$
3,194
Tax effect
   
-
     
-
   
$
-
 
Other comprehensive income before reclassifications, net of tax
   
(2,574
)
   
5,768
 
$
3,194
Amounts reclassified out of AOCI
   
1,458
     
-
   
$
1,458
 
Tax effect
   
(181
)
   
-
   
$
(181
)
Amounts reclassified out of AOCI, net of tax
   
1,277
     
-
   
$
1,277
 
Net other comprehensive income (loss)
 
$
(1,297
)
 
$
5,768
 
$
4,471
Balance at September 28, 2024
 
$
(15,896
)
 
$
30,704
 
$
14,808

Reclassifications of pension and other post-retirement actuarial items out of AOCI are included in the computation of net periodic benefit cost.  See Note 11 for further information.