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

9 Months Ended

Sep. 29, 2024

Schedule of Total Comprehensive Income (Loss)

The following table summarizes total comprehensive income:


	Three Months Ended				Nine Months Ended
	September 29, 2024		October 1, 2023		September 29, 2024		October 1, 2023

	(In thousands)
Net income	$	53,689	$	72,327	$	140,032	$	204,047
Foreign currency translation adjustments, net of tax	(29,859)		21,852		(13,653)		257
Adjustments to pension and postretirement liability, net of tax	(73)		(284)		(221)		(848)
Total comprehensive income	23,757		93,895		126,158		203,456
Less: Comprehensive loss attributable to noncontrolling interests	(3)		(20)		(17)		(241)
Comprehensive income attributable to Belden	$	23,760	$	93,915	$	126,175	$	203,697

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 loss attributable to Belden before reclassifications	(13,653)		—		(13,653)
Amounts reclassified from accumulated other comprehensive loss	—		(221)		(221)
Net current period other comprehensive loss attributable to Belden	(13,653)		(221)		(13,874)
Balance at September 29, 2024	$	(40,167)	$	(14,986)	$	(55,153)

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 nine months ended September 29, 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	$	(428)	(1)
Prior service cost	135		(1)
Total before tax	(293)
Tax expense	72
Total net of tax	$	(221)

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