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Accumulated Other Comprehensive Loss
6 Months Ended
Jul. 03, 2022
Accumulated Other Comprehensive Loss.  
Accumulated Other Comprehensive Loss

4.  Accumulated Other Comprehensive Loss

Changes in the composition of Accumulated Other Comprehensive Loss ("AOCL") during the six months ended July 3, 2022, were as follows:

Accumulated

Cumulative

Other

Translation

Cash Flow

Defined Benefit

Income

Comprehensive

(Amounts in thousands)

    

Adjustment

    

Hedges

    

Plans

    

Taxes

    

Loss

Balances at January 2, 2022

$

(31,970)

$

(4,985)

$

(44,093)

$

(139)

$

(81,187)

Net current period change

 

(209)

 

11,778

 

 

(2,912)

 

8,657

Amounts reclassified from AOCI

 

 

343

 

458

 

(203)

 

598

Balances at July 3, 2022

$

(32,179)

$

7,136

$

(43,635)

$

(3,254)

$

(71,932)

Reclassifications out of AOCI during the three and six months ended July 3, 2022 and July 4, 2021:

Amount of Reclassification from AOCI

Amount of Reclassification from AOCI

Three Months Ended

Six Months Ended

Component of AOCI

    

Location of Reclassification into Income (Loss)

July 3, 2022

July 4, 2021

    

July 3, 2022

July 4, 2021

Amortization of loss on interest rate hedge

Interest expense

$

(774)

$

1,381

$

343

$

2,742

Income tax benefit

193

(347)

 

(88)

 

(689)

Net of tax

$

(581)

$

1,034

$

255

$

2,053

Amortization of deferred actuarial loss and prior service cost

 

Operating expenses

$

229

$

340

$

458

$

680

 

Income tax benefit

 

(58)

 

(86)

 

(115)

 

(171)

 

Net of tax

$

171

$

254

$

343

$

509

Total reclassifications

 

  

$

(410)

$

1,288

$

598

$

2,562