| Comprehensive Income and Accumulated Other Comprehensive Income (Loss) |
Comprehensive Income and Accumulated Other Comprehensive Income (Loss) The following table summarizes total comprehensive income: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 27, 2026 | | September 28, 2025 | | September 27, 2026 | | September 28, 2025 | | | | | | | | | | (In thousands) | | Net income (loss) | $ | (11,351) | | | $ | 56,690 | | | $ | 108,212 | | | $ | 169,633 | | | Foreign currency translation adjustments, net of tax | (1,921) | | | (8,838) | | | 23,558 | | | (86,305) | | | Adjustments to pension and postretirement liability, net of tax | 272 | | | 212 | | | 813 | | | 633 | | | Total comprehensive income (loss) | $ | (13,000) | | | $ | 48,064 | | | $ | 132,583 | | | $ | 83,961 | | | | | | | | | | | | | | | | | |
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, 2025 | $ | (91,808) | | | $ | (5,396) | | | $ | (97,204) | | | Other comprehensive income | 23,558 | | | — | | | 23,558 | | | Amounts reclassified from accumulated other comprehensive loss | — | | | 813 | | | 813 | | | Net current period other comprehensive income | 23,558 | | | 813 | | | 24,371 | | | Balance at September 27, 2026 | $ | (68,250) | | | $ | (4,583) | | | $ | (72,833) | |
As of September 27, 2026 and December 31, 2025, there was tax of $18.8 million and $14.1 million, respectively, included in accumulated other comprehensive loss in the table above. The following table summarizes the effects of reclassifications from accumulated other comprehensive loss for the nine months ended September 27, 2026: | | | | | | | | | | | | | 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 losses | $ | 815 | | | (1) | | Prior service cost | 239 | | | (1) | | Total before tax | 1,054 | | | | | Tax benefit | (241) | | | | | Total net of tax | $ | 813 | | | |
(1) The amortization of these accumulated other comprehensive loss components are included in the computation of net periodic benefit costs (see Note 13).
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