XML 30 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Accumulated Other Comprehensive Income (Loss)
9 Months Ended
Sep. 29, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Accumulated Other Comprehensive Income (Loss) is comprised of the following (in thousands):
 
Defined
Benefit
Plan
Liability
 
Cash
Flow
Hedges
 
Foreign
Currency
Translation
Adjustment
 
Total
Pre-Tax
Amount
 
Tax
 
Net-of-Tax
Amount
June 30, 2017
$
(1,475
)
 
$
4,601

 
$
25,475

 
$
28,601

 
$
(1,398
)
 
$
27,203

Unrealized gain on cash flow hedges

 
633

 

 
633

 
(222
)
 
411

Realized gain on foreign currency hedges

 
(1,106
)
 

 
(1,106
)
 
387

 
(719
)
Realized gain on interest rate swap hedges

 
(49
)
 

 
(49
)
 
18

 
(31
)
Foreign currency translation gain

 

 
16,728

 
16,728

 

 
16,728

September 29, 2017
$
(1,475
)
 
$
4,079

 
$
42,203

 
$
44,807

 
$
(1,215
)
 
$
43,592

 
Defined
Benefit
Plan
Liability
 
Cash
Flow
Hedges
 
Foreign
Currency
Translation
Adjustment
 
Total
Pre-Tax
Amount
 
Tax
 
Net-of-Tax
Amount
December 30, 2016
$
(1,475
)
 
$
1,420

 
$
(15,660
)
 
$
(15,715
)
 
$
(285
)
 
$
(16,000
)
Unrealized gain on cash flow hedges

 
3,414

 

 
3,414

 
(1,195
)
 
2,219

Realized gain on foreign currency hedges

 
(362
)
 

 
(362
)
 
127

 
(235
)
Realized gain on interest rate swap hedges

 
(393
)
 

 
(393
)
 
138

 
(255
)
Foreign currency translation gain

 

 
57,863

 
57,863

 

 
57,863

September 29, 2017
$
(1,475
)
 
$
4,079

 
$
42,203

 
$
44,807

 
$
(1,215
)
 
$
43,592


 
Defined
Benefit
Plan
Liability
 
Cash
Flow
Hedges
 
Foreign
Currency
Translation
Adjustment
 
Total
Pre-Tax
Amount
 
Tax
 
Net-of-Tax
Amount
July 1, 2016
$
(1,179
)
 
$
(3,746
)
 
$
12,668

 
$
7,743

 
$
1,806

 
$
9,549

Unrealized loss on cash flow hedges

 
(101
)
 

 
(101
)
 
35

 
(66
)
Realized loss on foreign currency hedges

 
929

 

 
929

 
(324
)
 
605

Realized loss on interest rate swap hedges

 
50

 

 
50

 
(18
)
 
32

Foreign currency translation gain

 

 
3,191

 
3,191

 

 
3,191

September 30, 2016
$
(1,179
)
 
$
(2,868
)
 
$
15,859

 
$
11,812

 
$
1,499

 
$
13,311

 
Defined
Benefit
Plan
Liability
 
Cash
Flow
Hedges
 
Foreign
Currency
Translation
Adjustment
 
Total
Pre-Tax
Amount
 
Tax
 
Net-of-Tax
Amount
January 1, 2016
$
(1,179
)
 
$
(2,392
)
 
$
3,609

 
$
38

 
$
1,332

 
$
1,370

Unrealized loss on cash flow hedges

 
(2,842
)
 

 
(2,842
)
 
995

 
(1,847
)
Realized loss on foreign currency hedges

 
2,316

 

 
2,316

 
(810
)
 
1,506

Realized loss on interest rate swap hedges

 
50

 

 
50

 
(18
)
 
32

Foreign currency translation gain

 

 
12,250

 
12,250

 

 
12,250

September 30, 2016
$
(1,179
)
 
$
(2,868
)
 
$
15,859

 
$
11,812

 
$
1,499

 
$
13,311

The realized loss (gain) relating to the Company’s foreign currency hedges were reclassified from Accumulated Other Comprehensive Income (Loss) and included in Cost of Sales or Sales as the transactions they are hedging occur. The realized (gain) loss relating to the Company’s interest rate swap hedges were reclassified from Accumulated Other Comprehensive Income (Loss) and included in Interest Expense, Net as interest on the corresponding debt being hedged is accrued.