17. Accumulated Other Comprehensive Income (Loss)
There was no activity within accumulated other comprehensive income
during the year ended December 31, 2016. The following table
shows the components of accumulated other comprehensive loss for
2015 and 2014:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Aluminum |
|
|
|
|
|
|
|
| |
|
Forward |
|
|
Interest |
|
|
|
|
| (in thousands) |
|
Contracts |
|
|
Swap |
|
|
Total |
|
|
Balance at December 28, 2013
|
|
$ |
(1,837 |
) |
|
$ |
(386 |
) |
|
$ |
(2,223 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification
|
|
|
346 |
|
|
|
(558 |
) |
|
|
(212 |
) |
|
Amounts reclassified from other comprehensive loss
|
|
|
7 |
|
|
|
1,188 |
|
|
|
1,195 |
|
|
Tax effect
|
|
|
(187 |
) |
|
|
(244 |
) |
|
|
(431 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive income
|
|
|
166 |
|
|
|
386 |
|
|
|
552 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at January 3, 2015
|
|
|
(1,671 |
) |
|
|
— |
|
|
|
(1,671 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income before reclassification
|
|
|
126 |
|
|
|
— |
|
|
|
126 |
|
|
Tax effect
|
|
|
(50 |
) |
|
|
— |
|
|
|
(50 |
) |
|
Reclassification of income tax allocation
|
|
|
1,595 |
|
|
|
— |
|
|
|
1,595 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive income
|
|
|
1,671 |
|
|
|
— |
|
|
|
1,671 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at January 2, 2016
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
There was no reclassification activity from accumulated other
comprehensive income (loss) in 2016. The follow table shows
reclassifications out of accumulated other comprehensive loss for
2015, and 2014:
|
|
|
|
|
|
|
|
|
|
|
| |
|
Amounts Reclassified From Accumulated Other Comprehensive Loss |
| |
|
|
|
|
Affected Line Item in Statement
Where Net Income is Presented |
| |
|
Year Ended |
|
|
|
| |
|
January 2, |
|
|
January 3, |
|
|
|
| |
|
2016 |
|
|
2015 |
|
|
|
| (in thousands) |
|
|
|
|
|
|
|
|
|
Aluminum forward contracts
|
|
$ |
126 |
|
|
$ |
7 |
|
|
Cost of sales |
|
Tax effect
|
|
|
(50 |
) |
|
|
(3 |
) |
|
Tax expense |
|
Interest rate swap
|
|
$ |
— |
|
|
$ |
1,188 |
|
|
Other expense, net |
|
Tax effect
|
|
|
— |
|
|
|
(461 |
) |
|
Tax expense |
|
Income tax allocation
|
|
|
1,595 |
|
|
|
— |
|
|
Tax expense |
|