Accumulated Other Comprehensive Loss

6 Months Ended

Jul. 02, 2023

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 2, 2023, were as follows:

									Accumulated
	Cumulative								Other
	Translation		Cash Flow		Defined Benefit		Income		Comprehensive
(Amounts in thousands)	Adjustment		Hedges		Plans		Taxes		Loss
Balances at January 1, 2023	$	(33,145)	$	5,337	$	(39,385)	$	(4,002)	$	(71,195)
Net current period change		(663)		—		—		97		(566)
Amounts reclassified from AOCI		—		(1,579)		468		277		(834)
Balances at July 2, 2023	$	(33,808)	$	3,758	$	(38,917)	$	(3,628)	$	(72,595)

Reclassifications out of AOCL during the three and six months ended July 2, 2023 and July 3, 2022:

		Reclassification of (Gain) Loss from AOCL into Earnings
		Three Months Ended				Six Months Ended
Component of AOCI	Location of Reclassification into Income (Loss)	July 2, 2023		July 3, 2022		July 2, 2023		July 3, 2022
Amortization of gain on interest rate hedge	Interest expense, net	$	(792)	$	(774)	$	(1,579)	$	343
	Income tax expense		197		193		393		(88)
	Net of tax	$	(595)	$	(581)	$	(1,186)	$	255
Amortization of deferred actuarial loss and prior service cost	Operating expenses	$	234	$	229	$	468	$	458
	Income tax benefit		(58)		(58)		(116)		(115)
	Net of tax	$	176	$	171	$	352	$	343
Total reclassifications		$	(419)	$	(410)	$	(834)	$	598