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Accumulated Other Comprehensive Loss
3 Months Ended
Apr. 04, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Loss

NOTE 15.  ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table shows the components of accumulated other comprehensive loss for the three months ended April 4, 2020 and March 30, 2019 (in thousands):

 

 

 

Aluminum

 

Three months ended April 4, 2020

 

Forward and MTP

 

(in thousands)

 

Contracts

 

Balance at December 28, 2019

 

$

(238

)

Change in fair value of derivatives

 

 

(5,213

)

Amounts reclassified from other comprehensive loss

 

 

612

 

Tax effect

 

 

1,151

 

Net current-period other comprehensive income

 

 

(3,450

)

Balance at April 4, 2020

 

$

(3,688

)

 

 

 

 

 

 

 

 

Aluminum

 

Three months ended March 30, 2019

 

Forward

 

(in thousands)

 

Contracts

 

Balance at December 29, 2018

 

$

(3,065

)

Change in fair value of derivatives

 

 

595

 

Amounts reclassified from other comprehensive loss

 

 

915

 

Tax effect

 

 

(386

)

Net current-period other comprehensive loss

 

 

1,124

 

Balance at March 30, 2019

 

$

(1,941

)