XML 95 R14.htm IDEA: XBRL DOCUMENT v2.4.1.9
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
12 Months Ended
Jan. 03, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

Accumulated other comprehensive (loss) income is summarized as follows:
(dollars in thousands)
Pension liability adjustment
 
Post-retirement liability adjustment
 
Cumulative translation adjustment
 
Accumulated other comprehensive (loss) income
Balance at December 31, 2011
$
(9,100
)
 
$
942

 
$
(3,124
)
 
$
(11,282
)
Current year change
(1,163
)
 
182

 
1,058

 
77

Balance at December 29, 2012
(10,263
)
 
1,124

 
(2,066
)
 
(11,205
)
Current year change
6,238

 
371

 
(5,486
)
 
1,123

Balance at December 28, 2013
(4,025
)
 
1,495

 
(7,552
)
 
(10,082
)
Current year change
(4,963
)
 
(147
)
 
(7,845
)
 
(12,955
)
Balance at January 3, 2015
$
(8,988
)
 
$
1,348

 
$
(15,397
)
 
$
(23,037
)


As of January 3, 2015, and December 28, 2013, the cumulative pension liability adjustments are net of tax effect, $5.3 million and $2.4 million, respectively. As of January 3, 2015 and December 28, 2013, the post-retirement liability adjustments are, net of tax effect, approximately $0.8 million and $0.9 million, respectively.

For the fiscal years ended January 3, 2015 and December 28, 2013, amounts reclassified from accumulated other comprehensive loss to the consolidated statements of operations consisted of amortization of actuarial gains and losses related to the Company's defined benefit retirement plans. Such amortization amounts are included in the net periodic cost or benefit recognized for these plans during the respective fiscal year. See the Employee Benefit Plans footnote for additional details. Also, during the fiscal year ended January 3, 2015, approximately $0.1 million was reclassified from cumulative translation adjustment into other expense, net on the consolidated statement of operations as a result of the completion of the Company's exit from retail operations in Japan.