The components of the change in accumulated other comprehensive loss were as follows:



	Pensions			Derivatives			Accumulated Other Comprehensive Loss
	(In thousands)
Balance as of December 31, 2014	$	(24,994	)	$	392		$	(24,602	)
Benefit obligation actuarial gain	5,737			—			5,737
Net loss	(3,894		)	—			(3,894		)
Amortization of net loss ⁽¹⁾	1,812			—			1,812
Net change in fair value of derivatives	—			(1,444		)	(1,444		)
Reclassification of derivatives to interest expense⁽²⁾	—			(859		)	(859		)
Income tax (expense) benefit	(1,425		)	898			(527		)
Balance as of December 30, 2015	$	(22,764	)	$	(1,013	)	$	(23,777	)
Benefit obligation actuarial loss	(1,018		)	—			(1,018		)
Net gain	603			—			603
Amortization of net loss ⁽¹⁾	85			—			85
Settlement loss recognized	24,297			—			24,297
Net change in fair value of derivatives	—			1,693			1,693
Reclassification of derivatives to interest expense ⁽²⁾	—			(789		)	(789		)
Income tax expense	(2,148		)	(353		)	(2,501		)
Balance as of December 28, 2016	$	(945	)	$	(462	)	$	(1,407	)
Benefit obligation actuarial loss	(172		)	—			(172		)
Amortization of net loss ⁽¹⁾	92			—			92
Settlement loss recognized	21			—			21
Net change in fair value of derivatives	—			(1,359		)	(1,359		)
Reclassification of derivatives to interest expense ⁽²⁾	—			(72		)	(72		)
Income tax benefit	22			559			581
Balance as of December 27, 2017	$	(982	)	$	(1,334	)	$	(2,316	)


(1)	Before-tax amount that was reclassified from accumulated other comprehensive loss and included as a component of pension expense within general and administrative expenses in our Consolidated Statements of Income. See Note 11 for additional details.

(2)

Amounts reclassified from accumulated other comprehensive loss into income, represent payments made to the counterparty for the effective portions of the interest rate swaps. These amounts are included as a component of interest expense in our Consolidated Statements of Income. We expect to reclassify approximately $1.3 million from accumulated other comprehensive loss related to our interest rate swaps during the next twelve months. See Note 10 for additional details.