ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (AOCI) (Tables)

9 Months Ended

Oct. 10, 2015

Summary of Reclassifications Out of Accumulated Other Comprehensive Loss

During the twelve and forty weeks ended October 10, 2015 and October 4, 2014, reclassifications out of accumulated other comprehensive loss were as follows (amounts in thousands):

	Amount Reclassified from AOCI
	For the Twelve Weeks Ended						Affected Line Item in the Statement
Details about AOCI Components (Note 2)	October 10, 2015			October 4, 2014			Where Net Income is Presented
Gains and losses on cash flow hedges:
Interest rate contracts	$	(57	)	$	(57	)	Interest income (expense)
Commodity contracts		(1,724	)		1,919		Cost of sales, Note 3
Total before tax		(1,781	)		1,862		Total before tax
Tax benefit (expense)		685			(717	)	Tax benefit
Total net of tax		(1,096	)		1,145		Net of tax
Amortization of defined benefit pension items:
Prior-service credits		108			108		Note 1
Actuarial losses		(1,014	)		(311	)	Note 1
Total before tax		(906	)		(203	)	Total before tax
Tax benefit		349			78		Tax benefit
Total net of tax		(557	)		(125	)	Net of tax
Total reclassifications	$	(1,653	)	$	1,020		Net of tax

	Amount Reclassified from AOCI
	For the Forty Weeks Ended						Affected Line Item in the Statement
Details about AOCI Components (Note 2)	October 10, 2015			October 4, 2014			Where Net Income is Presented
Gains and losses on cash flow hedges:
Interest rate contracts	$	(192	)	$	(192	)	Interest income (expense)
Commodity contracts		(6,205	)		(3,658	)	Cost of sales, Note 3
Total before tax		(6,397	)		(3,850	)	Total before tax
Tax benefit		2,463			1,481		Tax benefit
Total net of tax		(3,934	)		(2,369	)	Net of tax
Amortization of defined benefit pension items:
Prior-service credits		361			360		Note 1
Actuarial losses		(3,381	)		(1,036	)	Note 1
Total before tax		(3,020	)		(676	)	Total before tax
Tax benefit		1,163			261		Tax benefit
Total net of tax		(1,857	)		(415	)	Net of tax
Total reclassifications	$	(5,791	)	$	(2,784	)	Net of tax

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Note 1:

These items are included in the computation of net periodic pension cost. See Note 14, Postretirement Plans, for additional information.

Note 2:

Amounts in parentheses indicate debits to determine net income.

Note 3:

Amounts are presented as an adjustment to reconcile net income to net cash provided by operating activities on the Condensed Consolidated Statements of Cash Flows.

Changes to Accumulated Other Comprehensive Loss, Net of Income Tax

During the forty weeks ended October 10, 2015, changes to accumulated other comprehensive loss, net of income tax, by component were as follows (amounts in thousands):

	Gains/Losses on Cash Flow Hedges			Defined Benefit Pension Plan Items			Total
Accumulated other comprehensive loss, January 3, 2015	$	(11,408	)	$	(86,612	)	$	(98,020	)
Other comprehensive income before reclassifications		(1,262	)		—			(1,262	)
Reclassified to earnings from accumulated other comprehensive loss		3,934			1,857			5,791
Accumulated other comprehensive loss, October 10, 2015	$	(8,736	)	$	(84,755	)	$	(93,491	)

During the forty weeks ended October 4, 2014, changes to accumulated other comprehensive loss, net of income tax, by component were as follows (amounts in thousands):

	Gains/Losses on Cash Flow Hedges			Defined Benefit Pension Plan Items			Total
Accumulated other comprehensive loss, December 28, 2013	$	(11,416	)	$	(51,099	)	$	(62,515	)
Other comprehensive income before reclassifications		(10,028	)		—			(10,028	)
Reclassified to earnings from accumulated other comprehensive loss		2,369			415			2,784
Accumulated other comprehensive loss, October 4, 2014	$	(19,075	)	$	(50,684	)	$	(69,759	)

Gain or Loss Reclassified From Accumulated Other Comprehensive Income for Commodity Contracts

The following table presents the net of tax amount of the gain or loss reclassified from accumulated other comprehensive income (“AOCI”) for our commodity contracts (amounts in thousands):

	For the Forty Weeks Ended
	October 10, 2015			October 4, 2014
Gross loss reclassified from AOCI into income	$	6,205		$	3,658
Tax benefit		(2,388	)		(1,406	)
Net of tax	$	3,817		$	2,252