Other Comprehensive Income/(Loss)

Changes in accumulated other comprehensive loss(1) were as follows (in thousands):


	Currency Translation Adjustment		Pension Benefit Costs		Unrealized Gain/(Loss) Interest Rate Swap		Total
Balance as of January 3, 2026	$	(69,612)	$	(80,363)	$	8,111	$	(141,864)
Other comprehensive (loss)/income before reclassification	(33,446)		1,374		8,966		(23,106)
Amounts reclassified from accumulated other comprehensive loss	23,647		4,409		(6,296)		21,760
Net current-period other comprehensive (loss)/income	(9,799)		5,783		2,670		(1,346)
Midera Spin-off	34,788		—		—		34,788
Balance as of October 3, 2026	$	(44,623)	$	(74,580)	$	10,781	$	(108,422)

Balance as of December 28, 2024	$	(213,255)	$	(78,534)	$	22,399	$	(269,390)
Other comprehensive income/(loss) before reclassification	135,229		(4,966)		1,521		131,784
Amounts reclassified from accumulated other comprehensive loss	—		1,588		(13,287)		(11,699)
Net current-period other comprehensive income/(loss)	135,229		(3,378)		(11,766)		120,085
Balance as of September 27, 2025	$	(78,026)	$	(81,912)	$	10,633	$	(149,305)

(1)As of October 3, 2026, pension and unrealized loss on interest rate swap amounts, net of tax, were $16.2 million and $4.4 million, respectively. During the nine months ended October 3, 2026, the adjustments to pension and unrealized loss on interest rate swap amounts, net of tax, were $0.2 million and $0.9 million, respectively. As of September 27, 2025, pension and unrealized gain on interest rate swap amounts, net of tax, were $14.2 million and $4.4 million, respectively. During the nine months ended September 27, 2025, the adjustments to pension and unrealized gain on interest rate swap amounts, net of tax, were $0.4 million and $(3.6) million, respectively.

Components of other comprehensive income/(loss) were as follows (in thousands):


	Three Months Ended				Nine Months Ended
	Oct 3, 2026		Sep 27, 2025		Oct 3, 2026		Sep 27, 2025
Net (loss)/earnings	$	(1,615)	$	(512,978)	$	3,124	$	(314,670)
Currency translation adjustment	(1,968)		(26,247)		(33,446)		135,229
Pension liability adjustment, net of tax	1,409		2,796		2,913		(3,378)
Unrealized loss on interest rate swaps, net of tax	4,864		(2,600)		2,670		(11,766)
Reclassification due to sale of Residential Kitchen Equipment Group	—		—		26,517		—

Comprehensive income/(loss)	$	2,690	$	(539,029)	$	1,778	$	(194,585)