ACCUMULATED OTHER COMPREHENSIVE LOSS |
|
|
|
|
|
|
11. |
ACCUMULATED OTHER COMPREHENSIVE LOSS |
Accumulated other comprehensive loss includes unrealized gains and losses on derivatives that qualify as cash flow hedges, cumulative foreign currency translation and other adjustments. The activity in accumulated other comprehensive loss during the three months ended March 28, 2021 and March 29, 2020 was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First Quarter Ended March 28, 2021 |
(thousands) |
|
Cash Flow Hedges |
|
Other |
|
Foreign Currency Translation |
|
Total |
Balance at December 31, 2020 |
|
$ |
(4,889) |
|
|
$ |
(1,263) |
|
|
$ |
100 |
|
|
$ |
(6,052) |
|
Other comprehensive loss before reclassifications, net of tax |
|
(96) |
|
|
—
|
|
|
(59) |
|
|
(155) |
|
Amounts reclassified from accumulated other comprehensive loss, net of tax |
|
1,071
|
|
|
—
|
|
|
—
|
|
|
1,071
|
|
Net current period other comprehensive income (loss) |
|
975
|
|
|
—
|
|
|
(59) |
|
|
916
|
|
Balance at March 28, 2021 |
|
$ |
(3,914) |
|
|
$ |
(1,263) |
|
|
$ |
41
|
|
|
$ |
(5,136) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First Quarter Ended March 29, 2020 |
(thousands) |
|
Cash Flow Hedges |
|
Other |
|
Foreign Currency Items |
|
Total |
Balance at December 31, 2019 |
|
$ |
(4,374) |
|
|
$ |
(1,270) |
|
|
$ |
(54) |
|
|
$ |
(5,698) |
|
Other comprehensive loss before reclassifications, net of tax |
|
(4,077) |
|
|
— |
|
|
(37) |
|
|
(4,114) |
|
Amounts reclassified from accumulated other comprehensive loss, net of tax |
|
1,071 |
|
|
— |
|
|
— |
|
|
1,071 |
|
Net current period other comprehensive loss |
|
(3,006) |
|
|
— |
|
|
(37) |
|
|
(3,043) |
|
Balance at March 29, 2020 |
|
$ |
(7,380) |
|
|
$ |
(1,270) |
|
|
$ |
(91) |
|
|
$ |
(8,741) |
|
|