XML 37 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
Equity (Tables)
9 Months Ended
Sep. 26, 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
 
Nine Months Ended
 
September 26, 2015
 
September 27, 2014
 
September 26, 2015
 
September 27, 2014
 
(in thousands)
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations attributable to common shareholders
$
37,413

 
$
31,984

 
$
117,477

 
$
100,394

Loss (income) from discontinued operations, net of income taxes
(34
)
 
52

 
(48
)
 
(862
)
Net income attributable to common shareholders
$
37,379

 
$
32,036

 
$
117,429

 
$
99,532

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding—Basic
46,290

 
46,016

 
46,572

 
46,683

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options, restricted stock units, performance stock units and contingently issuable restricted stock
955

 
862

 
1,012

 
883

Weighted-average shares outstanding—Diluted
47,245

 
46,878

 
47,584

 
47,566

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
(45,697
)
 

 
(45,697
)
Amounts reclassified from accumulated other comprehensive income (loss)
(2,341
)
 
2,185

 
(156
)
Net current period other comprehensive income (loss)
(48,038
)
 
2,185

 
(45,853
)
Income tax expense

 
700

 
700

September 26, 2015
$
(67,929
)
 
$
(52,871
)
 
$
(120,800
)
The income tax expense (benefit) related to items of other comprehensive income are as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 26, 2015
 
September 27, 2014
 
September 26, 2015
 
September 27, 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
220

 
125

 
700

 
378

Income tax expense related to items of other comprehensive income
$
220


$
125


$
700


$
273