XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Capital Transactions | 3 Months Ended
--- | ---
Apr. 01, 2018
Equity [Abstract] |
Capital Transactions | 18.Capital Transactions During the first quarter of each year, the Compensation Committee of the Company’s Board of Directors determines whether any shares of the Company’s Class B Common Stock should be issued to J. Frank Harrison, III, in connection with his services for the prior year as Chairman of the Board of Directors and Chief Executive Officer of the Company, pursuant to a performance unit award agreement approved in 2008 (the “Performance Unit Award Agreement”). As permitted under the terms of the Performance Unit Award Agreement, a number of shares were settled in cash in 2018 and 2017 to satisfy tax withholding obligations in connection with the vesting of the performance units. The remaining number of shares increased the total shares of Class B Common Stock outstanding. A summary of the awards issued in 2018 and 2017 is as follows:
|  | Fiscal Year |
|  | 2018 |  |  | 2017 |
Date of approval for award |  | March 6, 2018 |  |  | March 7, 2017 |
Fiscal year of service covered by award |  | 2017 |  |  | 2016 |
Shares settled in cash to satisfy tax withholding obligations |  |  | 16,504 |  |  |  | 18,980 |
Increase in Class B Common Stock shares outstanding |  |  | 20,296 |  |  |  | 21,020 |
Total Class B Common Stock awarded |  |  | 36,800 |  |  |  | 40,000 |
Compensation expense for the awards issued pursuant to the Performance Unit Award Agreement, recognized on the closing share price of the last trading day prior to the end of the fiscal period, was as follows:
|  | First Quarter |
(in thousands, except share price) |  | 2018 |  |  | 2017 |
Total compensation expense |  | $ | 752 |  |  | $ | 2,060 |
Share price for compensation expense |  | $ | 172.67 |  |  | $ | 206.02 |
Share price date for compensation expense |  | March 29, 2018 |  |  | March 31, 2017 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for accounts comprising shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income, and compensation-related costs for equity-based compensation. Includes, but is not limited to, disclosure of policies, compensation plan details, equity-based arrangements to obtain goods and services, deferred compensation arrangements, and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_ShareholdersEquityAndShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration