Accumulated Other Comprehensive Income

9 Months Ended

Sep. 29, 2018

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 30, 2017	$	5,880
Amount reclassified to retained earnings for equity unrealized gain (adoption of ASU 2016-01)		(5,482)
Other comprehensive loss before reclassifications		(620)
Amounts reclassified from accumulated other comprehensive income		39
Net current period change in other comprehensive income		(6,063)
Accumulated other comprehensive income balance as of September 29, 2018	$	(183)

The following table sets forth the effects on net income of the amounts reclassified out of accumulated other comprehensive income for the periods ended September 29, 2018 and September 30, 2017.

		Amounts Reclassified from
		Accumulated Other Comprehensive Income to the
		Consolidated Statements of Income
		13 Weeks Ended				39 Weeks Ended
(dollars in thousands)	Location	September 29, 2018		September 30, 2017		September 29, 2018		September 30, 2017
Unrealized gains (losses) on available-for-sale marketable securities
	Investment income and interest expense	$	-	$	5	$	54	$	5
	Provision for income taxes		-		(2)		(15)		(2)
Total amount reclassified, net of tax		$	-	$	3	$	39	$	3