v3.26.1
Other Comprehensive Income (Loss)
3 Months Ended
Mar. 28, 2026
Equity [Abstract]  
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss)
Changes in other comprehensive income (loss) by component were as follows:
(in thousands)Three Months Ended
March 28, 2026
Three Months Ended
March 29, 2025
Pre-taxTaxNet of TaxPre-taxTaxNet of Tax
Defined benefit pension plan and other adjustments$511 $$516 $227 $(8)$219 
Cash flow hedges(3,243)(1)(3,244)124 464 588 
Foreign currency translation adjustments-Net investment hedge2,275 (523)1,752 — — — 
Foreign currency translation adjustments (a)(18,663)465 (18,198)37,668 (878)36,790 
Total foreign currency translation adjustments(16,388)(58)(16,446)37,668 (878)36,790 
Total change in other comprehensive income (loss)$(19,120)$(54)$(19,174)$38,019 $(422)$37,597 
(a) The tax shown above within foreign currency translation adjustments is the U.S. tax associated with the foreign currency translation adjustments of earnings of non-U.S. subsidiaries, which have been previously taxed in the U.S. and are not permanently reinvested.

The following tables set forth the changes in the components of accumulated other comprehensive income (loss) by component for the three months ended March 28, 2026 and March 29, 2025:
(in thousands)Pension and postretirement liability and reclassification adjustmentsCash flow hedgesTotal foreign currency
translation adjustments
Accumulated other
comprehensive loss
Balance at December 27, 2025$(12,687)$8,132 $(828)$(5,383)
Activity in the period516 (3,244)(16,446)(19,174)
Balance at March 28, 2026$(12,171)$4,888 $(17,274)$(24,557)
(in thousands)Pension and postretirement liability and reclassification adjustmentsCash flow hedgesTotal foreign currency translation adjustmentsAccumulated other comprehensive (loss) income
Balance at December 28, 2024$(10,509)$1,301 $(137,153)$(146,361)
Activity in the period219 588 36,790 37,597 
Balance at March 29, 2025$(10,290)$1,889 $(100,363)$(108,764)

Amounts reclassified from accumulated other comprehensive income (loss) to earnings for the three months ended March 28, 2026 and March 29, 2025 were as follows:
 Three Months Ended
(in thousands)March 28, 2026March 29, 2025
Pension and postemployment plans:
Amortization of prior service and net actuarial loss, and other$465 $421 

The Company recognizes the amortization of prior service costs in Other income, net within the Condensed Consolidated Statements of Operations.