Accumulated Other Comprehensive Income

3 Months Ended

Apr. 01, 2017

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

(4)  Accumulated Other Comprehensive Income

All balances in accumulated other comprehensive income are related to available-for-sale marketable securities.  The following table sets forth the balance of the Company’s accumulated other comprehensive income, net of tax. 

		Unrealized Gains
		on Available-for-Sale
(dollars in thousands)		Marketable Securities
Accumulated other comprehensive income balance as of December 31, 2016	$	4,852
Other comprehensive income before reclassifications		64
Amounts reclassified from accumulated other comprehensive income		-
Net current period other comprehensive income		64
Accumulated other comprehensive income balance as of April 1, 2017	$	4,916

The following table sets forth the effects on net income of the amounts reclassified out of accumulated other comprehensive income for the periods ended April 1, 2017 and March 26, 2016.

		Gains Reclassified from
		Accumulated Other Comprehensive Income to the
		Consolidated Statements of Income
		13 Weeks Ended
(dollars in thousands)	Location	April 1, 2017		March 26, 2016
Unrealized gains on available-for-sale marketable securities
	Investment income	$	-	$	269
	Provision for income taxes		-		(111)
Total amount reclassified, net of tax		$	-	$	158