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Shareholders' Equity (Tables)
6 Months Ended
Jun. 27, 2018
Statement of Comprehensive Income [Abstract]  
Components of accumulated other comprehensive loss
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 27, 2017
$
(982
)
 
$
(1,334
)
 
$
(2,316
)
Amortization of net loss (1)
56

 

 
56

Net change in fair value of derivatives

 
260

 
260

Reclassification of derivatives to interest expense, net (2)

 
86

 
86

Income tax (expense) benefit related to items of other comprehensive loss
(13
)
 
(90
)
 
(103
)
Balance as of June 27, 2018
$
(939
)
 
$
(1,078
)
 
$
(2,017
)

(1)
Before-tax amount related to our defined benefit plans that was reclassified from accumulated other comprehensive loss and included as a component of pension expense within general and administrative expenses in our Condensed Consolidated Statements of Income during the two quarters ended June 27, 2018.
(2)
Amounts reclassified from accumulated other comprehensive loss into income represent payments either received from or made to the counterparty for the effective portions of the interest rate swaps. These amounts are included as a component of interest expense, net in our Condensed Consolidated Statements of Income. We expect to make payments to the counterparty and reclassify approximately $0.8 million from accumulated other comprehensive loss related to our interest rate swaps during the next twelve months. See Note 9 for additional details.