| Other Comprehensive Income (Loss) |
Other Comprehensive Income (Loss) Changes in other comprehensive income (loss) by component were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Three Months Ended June 27, 2026 | | Three Months Ended June 28, 2025 | | | Pre-tax | | Tax | | Net of Tax | | Pre-tax | | Tax | | Net of Tax | | Defined benefit pension plan and other adjustments | | $ | 475 | | | $ | 1 | | | $ | 476 | | | $ | 151 | | | $ | 33 | | | $ | 184 | | | Cash flow hedges | | 646 | | | (30) | | | 616 | | | 5,839 | | | (9) | | | 5,830 | | | Foreign currency translation adjustments-Net investment hedge | | (341) | | | 78 | | | (263) | | | — | | | — | | | — | | | Foreign currency translation adjustments (a) | | (7,331) | | | 796 | | | (6,535) | | | 94,433 | | | (2,534) | | | 91,899 | | | Total foreign currency translation adjustments | | (7,672) | | | 874 | | | (6,798) | | | 94,433 | | | (2,534) | | | 91,899 | | | Total change in other comprehensive income (loss) | | $ | (6,551) | | | $ | 845 | | | $ | (5,706) | | | $ | 100,423 | | | $ | (2,510) | | | $ | 97,913 | | | | | | | | | | | | | | | | (in thousands) | | Six Months Ended June 27, 2026 | | Six Months Ended June 28, 2025 | | | Pre-tax | | Tax | | Net of Tax | | Pre-tax | | Tax | | Net of Tax | | Defined benefit pension plan and other adjustments | | $ | 986 | | | $ | 6 | | | $ | 992 | | | $ | 378 | | | $ | 25 | | | $ | 403 | | | Cash flow hedges | | (2,597) | | | (31) | | | (2,628) | | | 5,963 | | | 455 | | | 6,418 | | | Foreign currency translation adjustments-Net investment hedge | | 1,934 | | | (445) | | | 1,489 | | | — | | | — | | | — | | | Foreign currency translation adjustments (a) | | (25,994) | | | 1,261 | | | (24,733) | | | 132,101 | | | (3,412) | | | 128,689 | | | Total foreign currency translation adjustments | | (24,060) | | | 816 | | | (23,244) | | | 132,101 | | | (3,412) | | | 128,689 | | | Total change in other comprehensive income (loss) | | $ | (25,671) | | | $ | 791 | | | $ | (24,880) | | | $ | 138,442 | | | $ | (2,932) | | | $ | 135,510 | |
(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 six months ended June 27, 2026 and June 28, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Pension and postretirement liability and reclassification adjustments | | Cash flow hedges | | Total foreign currency translation adjustments | | Accumulated other comprehensive loss | | Balance at December 27, 2025 | | $ | (12,687) | | | $ | 8,132 | | | $ | (828) | | | $ | (5,383) | | | | | | | | | | | | Activity in the period | | 992 | | | (2,628) | | | (23,244) | | | (24,880) | | | Balance at June 27, 2026 | | $ | (11,695) | | | $ | 5,504 | | | $ | (24,072) | | | $ | (30,263) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Pension and postretirement liability and reclassification adjustments | | Cash flow hedges | | Total foreign currency translation adjustments | | Accumulated other comprehensive (loss) income | | Balance at December 28, 2024 | | $ | (10,509) | | | $ | 1,301 | | | $ | (137,153) | | | $ | (146,361) | | | | | | | | | | | | Activity in the period | | 403 | | | 6,418 | | | 128,689 | | | 135,510 | | | Balance at June 28, 2025 | | $ | (10,106) | | | $ | 7,719 | | | $ | (8,464) | | | $ | (10,851) | |
Amounts reclassified from accumulated other comprehensive income (loss) to earnings for the three and six months ended June 27, 2026 and June 28, 2025 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | (in thousands) | | June 27, 2026 | | June 28, 2025 | | June 27, 2026 | | June 28, 2025 | | Pension and postemployment plans: | | | | | | | | | | Amortization of prior service and net actuarial loss, and other | | $ | 468 | | | $ | 470 | | | $ | 933 | | | $ | 891 | | | | | | | | | | | | | | | | | | | |
The Company recognizes the amortization of prior service costs in Other income, net within the Condensed Consolidated Statements of Operations.
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