Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 28, 2015

Equity [Abstract]

Accumulated Other Comprehensive Loss

14.  Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss is comprised of adjustments relative to the Company’s pension and postretirement medical benefit plans and foreign currency translation adjustments required for a subsidiary of the Company that performs data analysis and provides consulting services outside the United States.

A summary of accumulated other comprehensive loss for Q2 2015 and Q2 2014 is as follows:

In Thousands	Mar. 29, 2015			Pre-tax Activity			Tax Effect			June 28, 2015
Net pension activity:
Actuarial loss	$	(74,378	)	$	795		$	(307	)	$	(73,890	)
Prior service costs		(94	)		9			(3	)		(88	)
Net postretirement benefits activity:
Actuarial loss		(22,319	)		718			(277	)		(21,878	)
Prior service costs		7,296			(840	)		324			6,780
Foreign currency translation adjustment		(5	)		1			(1	)		(5	)
Total	$	(89,500	)	$	683		$	(264	)	$	(89,081	)

In Thousands	Mar. 30, 2014			Pre-tax Activity			Tax Effect			June 29, 2014
Net pension activity:
Actuarial loss	$	(42,769	)	$	422		$	(163	)	$	(42,510	)
Prior service costs		(116	)		9			(3	)		(110	)
Net postretirement benefits activity:
Actuarial loss		(18,095	)		563			(218	)		(17,750	)
Prior service costs		3,178			(378	)		145			2,945
Foreign currency translation adjustment		4			0			0			4
Total	$	(57,798	)	$	616		$	(239	)	$	(57,421	)

A summary of accumulated other comprehensive loss for YTD 2015 and YTD 2014 is as follows:

In Thousands	Dec. 28, 2014			Pre-tax Activity			Tax Effect			June 28, 2015
Net pension activity:
Actuarial loss	$	(74,867	)	$	1,591		$	(614	)	$	(73,890	)
Prior service costs		(99	)		18			(7	)		(88	)
Net postretirement benefits activity:
Actuarial loss		(22,759	)		1,435			(554	)		(21,878	)
Prior service costs		7,812			(1,680	)		648			6,780
Foreign currency translation adjustment		(1	)		(6	)		2			(5	)
Total	$	(89,914	)	$	1,358		$	(525	)	$	(89,081	)

In Thousands	Dec. 29, 2013			Pre-tax Activity			Tax Effect			June 29, 2014
Net pension activity:
Actuarial loss	$	(43,028	)	$	844		$	(326	)	$	(42,510	)
Prior service costs		(121	)		18			(7	)		(110	)
Net postretirement benefits activity:
Actuarial loss		(18,441	)		1,126			(435	)		(17,750	)
Prior service costs		3,410			(756	)		291			2,945
Foreign currency translation adjustment		4			0			0			4
Total	$	(58,176	)	$	1,232		$	(477	)	$	(57,421	)

A summary of the impact on the income statement line items is as follows:

In Thousands	Net Pension Activity		NetPostretirement Benefits Activity			Total
Q2 2015
Cost of sales	$	88	$	(17	)	$	71
Selling, delivery & administrative expenses		716		(105	)		611
Subtotal pre-tax		804		(122	)		682
Income tax expense		310		(47	)		263
Total after tax effect	$	494	$	(75	)	$	419
Q2 2014
Cost of sales	$	82	$	24		$	106
Selling, delivery & administrative expenses		349		161			510
Subtotal pre-tax		431		185			616
Income tax expense		166		73			239
Total after tax effect	$	265	$	112		$	377
YTD 2015
Cost of sales	$	177	$	(34	)	$	143
Selling, delivery & administrative expenses		1,432		(211	)		1,221
Subtotal pre-tax		1,609		(245	)		1,364
Income tax expense		621		(94	)		527
Total after tax effect	$	988	$	(151	)	$	837

In Thousands	Net Pension Activity		NetPostretirement Benefits Activity		Total
YTD 2014
Cost of sales	$	155	$	48	$	203
Selling, delivery & administrative expenses		707		322		1,029
Subtotal pre-tax		862		370		1,232
Income tax expense		333		144		477
Total after tax effect	$	529	$	226	$	755