Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 30, 2018

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

19. Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) (“AOCI(L)”) 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 AOCI(L) for 2018, 2017 and 2016 is as follows:

				Gains (Losses) During the Period					Reclassification to Income
	December 31,			Pre-tax		Tax			Pre-tax			Tax			December 30,
(in thousands)	2017			Activity		Effect			Activity			Effect			2018
Net pension activity:
Actuarial loss	$	(78,618	)	$	4,036	$	(993	)	$	3,830		$	(945	)	$	(72,690	)
Prior service costs		(43	)		-		-			25			(6	)		(24	)
Net postretirement benefits activity:
Actuarial loss		(23,519	)		14,552		(3,580	)		1,889			(464	)		(11,122	)
Prior service credits		1,744			-		-			(1,847	)		454			351
Recognized loss due to the October 2017 Divestitures		6,220			-		-			-			-			6,220
Foreign currency translation adjustment		14			-		-			(19	)		5			-
Total AOCI(L)	$	(94,202	)	$	18,588	$	(4,573	)	$	3,878		$	(956	)	$	(77,265	)

				Gains (Losses) During the Period					Reclassification to Income
	January 1,			Pre-tax			Tax		Pre-tax			Tax			December 31,
(in thousands)	2017			Activity			Effect		Activity			Effect			2017
Net pension activity:
Actuarial loss	$	(72,393	)	$	(11,219	)	$	2,768	$	3,402		$	(1,176	)	$	(78,618	)
Prior service costs		(61	)		-			-		28			(10	)		(43	)
Net postretirement benefits activity:
Actuarial loss		(24,111	)		(1,796	)		443		2,942			(997	)		(23,519	)
Prior service credits		3,679			-			-		(2,982	)		1,047			1,744
Recognized loss due to the October 2017 Divestitures		-			-			-		8,257			(2,037	)		6,220
Foreign currency translation adjustment		(11	)		-			-		40			(15	)		14
Total AOCI(L)	$	(92,897	)	$	(13,015	)	$	3,211	$	11,687		$	(3,188	)	$	(94,202	)

				Gains (Losses) During the Period					Reclassification to Income
	January 3,			Pre-tax			Tax		Pre-tax			Tax			January 1,
(in thousands)	2016			Activity			Effect		Activity			Effect			2017
Net pension activity:
Actuarial loss	$	(68,243	)	$	(9,777	)	$	3,764	$	3,031		$	(1,168	)	$	(72,393	)
Prior service costs		(78	)		-			-		28			(11	)		(61	)
Net postretirement benefits activity:
Actuarial loss		(19,825	)		(9,152	)		3,523		2,186			(843	)		(24,111	)
Prior service credits		5,744			-			-		(3,360	)		1,295			3,679
Foreign currency translation adjustment		(5	)		-			-		(11	)		5			(11	)
Total AOCI(L)	$	(82,407	)	$	(18,929	)	$	7,287	$	1,874		$	(722	)	$	(92,897	)

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

	Fiscal 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment			Total
Cost of sales	$	886	$	7		$	-		$	893
SD&A expenses		2,968		35			(19	)		2,984
Subtotal pre-tax		3,854		42			(19	)		3,877
Income tax expense		950		10			(5	)		955
Total after tax effect	$	2,904	$	32		$	(14	)	$	2,922
	Fiscal 2017
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment			Total
Cost of sales	$	377	$	(9	)	$	-		$	368
SD&A expenses		3,053		(31	)		40			3,062
Subtotal pre-tax		3,430		(40	)		40			3,430
Income tax expense		1,186		(50	)		15			1,151
Total after tax effect	$	2,244	$	10		$	25		$	2,279
	Fiscal 2016
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment			Total
Cost of sales	$	331	$	(174	)	$	-		$	157
SD&A expenses		2,728		(1,000	)		(11	)		1,717
Subtotal pre-tax		3,059		(1,174	)		(11	)		1,874
Income tax expense		1,179		(452	)		(5	)		722
Total after tax effect	$	1,880	$	(722	)	$	(6	)	$	1,152