Comprehensive Income and Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2024

Schedule of Total Comprehensive Income (Loss)

The following table summarizes total comprehensive income:


	Three Months Ended				Six Months Ended
	June 30, 2024		July 2, 2023		June 30, 2024		July 2, 2023

	(In thousands)
Net income	$	49,034	$	68,775	$	86,343	$	131,720
Foreign currency translation adjustments, net of tax	6,986		(4,577)		16,208		(21,595)
Adjustments to pension and postretirement liability, net of tax	(74)		(284)		(148)		(564)
Total comprehensive income	55,946		63,914		102,403		109,561
Less: Comprehensive income (loss) attributable to noncontrolling interests	(10)		24		(14)		(221)
Comprehensive income attributable to Belden	$	55,956	$	63,890	$	102,417	$	109,782

Schedule of Components of Other Comprehensive Income (Loss), Net of Tax

The accumulated balances related to each component of other comprehensive loss, net of tax, are as follows:


	Foreign Currency Translation Component		Pension and Other Postretirement Benefit Plans		Accumulated Other Comprehensive Loss

	(In thousands)
Balance at December 31, 2023	$	(26,514)	$	(14,765)	$	(41,279)
Other comprehensive income attributable to Belden before reclassifications	16,208		—		16,208
Amounts reclassified from accumulated other comprehensive loss	—		(148)		(148)
Net current period other comprehensive income (loss) attributable to Belden	16,208		(148)		16,060
Balance at June 30, 2024	$	(10,306)	$	(14,913)	$	(25,219)

Schedule of Effects of Reclassifications from Accumulated Other Comprehensive Income (Loss)

The following table summarizes the effects of reclassifications from accumulated other comprehensive loss for the six months ended June 30, 2024:


	Amounts Reclassified from Accumulated Other Comprehensive Loss		Affected Line Item in the Consolidated Statements of Operations and Comprehensive Income

	(In thousands)
Amortization of pension and other postretirement benefit plan items:

Actuarial gains	$	(285)	(1)
Prior service cost	89		(1)
Total before tax	(196)
Tax expense	48
Total net of tax	$	(148)

(1) The amortization of these accumulated other comprehensive loss components are included in the computation of net periodic benefit costs (see Note 13).