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Equity (Tables)
3 Months Ended
Mar. 28, 2015
Equity [Abstract]  
Reconciliation of the Numerator and Denominator in the Computations of the Basic and Diluted Earnings Per Share
The following table reconciles the numerator and denominator in the computations of basic and diluted earnings per share:
 
Three Months Ended
 
March 28, 2015
 
March 29, 2014
 
(in thousands)
Numerator:
 
 
 
Net income from continuing operations attributable to common shareholders
$
31,548

 
$
32,502

Loss from discontinued operations, net of income taxes
(7
)
 
(270
)
Net income attributable to common shareholders
$
31,541

 
$
32,232

 
 
 
 
Denominator:
 
 
 
Weighted-average shares outstanding—Basic
46,772

 
47,091

Effect of dilutive securities:
 
 
 
Stock options, restricted stock units, performance stock units and contingently issuable restricted stock
1,096

 
1,060

Weighted-average shares outstanding—Diluted
47,868

 
48,151

Schedule of Accumulated Other Comprehensive Income (Loss)
Changes to each component of accumulated other comprehensive income (loss), net of income tax, are as follows:
 
Foreign Currency Translation
and Other
 
Pension and Other Post-Retirement Benefit Plans
 
Total
 
(in thousands)
December 27, 2014
$
(19,891
)
 
$
(54,356
)
 
$
(74,247
)
Other comprehensive loss before reclassifications
(32,669
)
 

 
(32,669
)
Amounts reclassified from accumulated other comprehensive income (loss)
(2,341
)
 
729

 
(1,612
)
Net current period other comprehensive income (loss)
(35,010
)
 
729

 
(34,281
)
Income tax expense

 
217

 
217

March 28, 2015
$
(54,901
)
 
$
(53,844
)
 
$
(108,745
)
The income tax expense (benefit) related to items of other comprehensive income are as follows:
 
Three Months Ended
 
March 28, 2015
 
March 29, 2014
 
(in thousands)
Income tax benefit related to foreign currency translation adjustment
$

 
$
(105
)
Income tax expense related to change in unrecognized pension gains, losses and prior service costs
217

 
124

Income tax expense related to items of other comprehensive income
$
217


$
19