Quarterly report pursuant to Section 13 or 15(d)

ACCUMULATED OTHER COMPREHENSIVE LOSS

v3.19.2
ACCUMULATED OTHER COMPREHENSIVE LOSS
3 Months Ended
Mar. 30, 2019
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS ACCUMULATED OTHER COMPREHENSIVE LOSS


The Company's comprehensive income consists of net income and specified components of other comprehensive loss (“OCL”), which relate to changes in assets and liabilities that are not included in net income but are instead deferred and accumulated within a separate component of equity in the combined balance sheets. The Company's comprehensive income is presented in the combined statements of comprehensive income.
The changes in accumulated OCL, all of which relate to foreign currency translation, are as follows:
(In thousands)
Accumulated OCL
Balance, December 2018
$
(145,182
)
Gains arising during period
758

Income tax effect

Balance, March 2019
$
(144,424
)
 

(In thousands)
Accumulated OCL
Balance, December 2017
$
(122,482
)
Gains arising during period
9,701

Income tax effect

Balance, March 2018
$
(112,781
)