Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 29, 2014

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in the balances of each component of AOCI, net of tax (in thousands):

		Foreign Currency Translation			Pension and Other Postretirement Benefits			Total
Balance as of December 28, 2013		$	(1,584	)	$	(38,716	)	$	(40,300	)
	Other comprehensive income before reclassifications	88			—			88
	Amounts reclassified from AOCI	—			480			480
	Other comprehensive income	88			480			568
Balance as of March 29, 2014		$	(1,496	)	$	(38,236	)	$	(39,732	)

Reclassifications from AOCI

AOCI Components		Amounts Reclassified from AOCI (in thousands)					Income Statement Line Item
		For the Three Months Ended
		March 29, 2014			March 30, 2013
Changes in pension and other employee benefit accounts:
	Net actuarial losses (1)	$	794		$	—	Selling, general and administrative expenses
		794			—		Total before tax
Taxes		(314		)	—		Income tax (benefit) expense
Total reclassifications for the period		$	480		$	—	Net of tax

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⁽¹⁾ In the first quarter of 2014, the Company began to reclassify the amortization of net actuarial losses from AOCI on a quarterly basis. Previously, these amounts were reclassified on an annual basis.