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Subsequent Events | 3 Months Ended
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Apr. 03, 2016
Subsequent Events |
Subsequent Events | 12.Subsequent Events On May 10, 2016, the Company declared a quarterly dividend of eighteen cents ($0.18) per share on each outstanding share of Class A common stock and Class B common stock payable on June 16, 2016 to stockholders of record at the close of business on June 2, 2016. On April 28, 2016, the Company borrowed $230 million under the Revolving Credit Facility to pay off all amounts outstanding under its $225 million of 5.85% Senior Notes due April 30, 2016 (the “April 2016 Notes”). As of April 28, 2016, subject to the terms and conditions of the Credit Agreement, approximately $245 million of revolving credit remains unused and potentially available.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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