Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 27, 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 Q3 2015 and Q3 2014 is as follows:

In Thousands	June 28, 2015			Pre-tax Activity			Tax Effect			Sept. 27, 2015
Net pension activity:
Actuarial loss	$	(73,890	)	$	795		$	(305	)	$	(73,400	)
Prior service costs		(88	)		9			(2	)		(81	)
Net postretirement benefits activity:
Actuarial loss		(21,878	)		717			(275	)		(21,436	)
Prior service costs		6,780			(840	)		322			6,262
Foreign currency translation adjustment		(5	)		0			1			(4	)
Total	$	(89,081	)	$	681		$	(259	)	$	(88,659	)

In Thousands	June 29, 2014			Pre-tax Activity			Tax Effect			Sept. 28, 2014
Net pension activity:
Actuarial loss	$	(42,510	)	$	450		$	(173	)	$	(42,233	)
Prior service costs		(110	)		9			(4	)		(105	)
Net postretirement benefits activity:
Actuarial loss		(17,750	)		562			(218	)		(17,406	)
Prior service costs		2,945			(377	)		146			2,714
Foreign currency translation adjustment		4			(6	)		2		0
Total	$	(57,421	)	$	638		$	(247	)	$	(57,030	)

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			Sept. 27, 2015
Net pension activity:
Actuarial loss	$	(74,867	)	$	2,386		$	(919	)	$	(73,400	)
Prior service costs		(99	)		27			(9	)		(81	)
Net postretirement benefits activity:
Actuarial loss		(22,759	)		2,152			(829	)		(21,436	)
Prior service costs		7,812			(2,520	)		970			6,262
Foreign currency translation adjustment		(1	)		(6	)		3			(4	)
Total	$	(89,914	)	$	2,039		$	(784	)	$	(88,659	)

In Thousands	Dec. 29, 2013			Pre-tax Activity			Tax Effect			Sept. 28, 2014
Net pension activity:
Actuarial loss	$	(43,028	)	$	1,294		$	(499	)	$	(42,233	)
Prior service costs		(121	)		27			(11	)		(105	)
Net postretirement benefits activity:
Actuarial loss		(18,441	)		1,688			(653	)		(17,406	)
Prior service costs		3,410			(1,133	)		437			2,714
Foreign currency translation adjustment		4			(6	)		2		0
Total	$	(58,176	)	$	1,870		$	(724	)	$	(57,030	)

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

In Thousands	Net Pension Activity		NetPostretirement Benefits Activity			Total
Q3 2015
Cost of sales	$	88	$	(17	)	$	71
Selling, delivery & administrative expenses		716		(106	)		610
Subtotal pre-tax		804		(123	)		681
Income tax expense		307		(47	)		260
Total after tax effect	$	497	$	(76	)	$	421
Q3 2014
Cost of sales	$	83	$	24		$	107
Selling, delivery & administrative expenses		376		161			537
Subtotal pre-tax		459		185			644
Income tax expense		177		72			249
Total after tax effect	$	282	$	113		$	395
YTD 2015
Cost of sales	$	265	$	(52	)	$	213
Selling, delivery & administrative expenses		2,148		(316	)		1,832
Subtotal pre-tax		2,413		(368	)		2,045
Income tax expense		928		(141	)		787
Total after tax effect	$	1,485	$	(227	)	$	1,258
YTD 2014
Cost of sales	$	238	$	72		$	310
Selling, delivery & administrative expenses		1,083		483			1,566
Subtotal pre-tax		1,321		555			1,876
Income tax expense		510		216			726
Total after tax effect	$	811	$	339		$	1,150