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Equity and Redeemable Noncontrolling Interest
12 Months Ended
Dec. 26, 2015
Stockholders' Equity Note [Abstract]  
EQUITY AND REDEEMABLE NONCONTROLLING INTEREST
EQUITY AND REDEEMABLE NONCONTROLLING INTEREST
Earnings Per Share
The following table reconciles the numerator and denominator in the computations of basic and diluted earnings per share:
 
 
 
Fiscal Year
 
 
 
2015
 
2014
 
2013
 
(in thousands)
Numerator:
 
 
 
 
 
Net income from continuing operations attributable to common shareholders
$
150,263

 
$
128,424

 
$
104,093

Loss from discontinued operations, net of income taxes
(950
)
 
(1,726
)
 
(1,265
)
Net income attributable to common shareholders
$
149,313

 
$
126,698

 
$
102,828

Denominator:
 
 
 
 
 
Weighted-average shares outstanding—Basic
46,496

 
46,627

 
47,740

Effect of dilutive securities:
 
 
 
 
 
Stock options, restricted stock units, performance share units and restricted stock
1,138

 
931

 
749

Weighted-average shares outstanding—Diluted
47,634

 
47,558

 
48,489


Options to purchase approximately 0.5 million shares, 0.6 million shares and 2.3 million shares were not included in computing diluted earnings per share for the fiscal years 2015, 2014 and 2013, respectively, because their inclusion would have been anti-dilutive. Basic weighted average shares outstanding for the fiscal years 2015, 2014 and 2013 excluded the impact of approximately 1.1 million shares, 1.2 million shares, and 1.1 million shares, respectively, of non-vested restricted stock, restricted stock units and PSUs.
Treasury Shares
In July 2010, the Company’s Board of Directors authorized a $500.0 million stock repurchase program, and subsequently approved increases to the stock repurchase program of $250.0 million in 2010, $250.0 million in 2013 and $150.0 million in 2014, for an aggregate authorization of $1,150.0 million. The Company repurchased approximately 1.5 million shares for $108.8 million, approximately 2.1 million shares for $110.6 million and approximately 3.5 million shares for $165.7 million in the fiscal years 2015, 2014 and 2013, respectively. As of December 26, 2015, the Company had $69.7 million remaining on the authorized stock repurchase program. In addition, the Company’s stock-based compensation plans permit the netting of common stock upon vesting of restricted stock, restricted stock units and performance share units in order to satisfy individual minimum statutory tax withholding requirements. The Company repurchased approximately 0.1 million shares for $8.7 million, approximately 0.1 million shares for $6.8 million and approximately 0.1 million shares for $4.6 million in the fiscal years 2015, 2014 and 2013, respectively.
Accumulated Other Comprehensive Income (Loss)
Changes to each component of accumulated other comprehensive income (loss), net of income taxes, are as follows:
 
Foreign Currency Translation and Other (3)
 
Pension and Other Post-Retirement Benefit Plans
 
Total
 
(in thousands)
December 28, 2013
$
28,503

 
$
(23,146
)
 
$
5,357

Other comprehensive loss before reclassifications (1)
(48,499
)
 
(42,236
)
 
(90,735
)
Amounts reclassified from accumulated other comprehensive income (loss)

 
1,234

 
1,234

Net current period other comprehensive loss
(48,499
)
 
(41,002
)
 
(89,501
)
Income tax benefit
105

 
9,792

 
9,897

December 27, 2014
(19,891
)
 
(54,356
)
 
(74,247
)
Other comprehensive loss before reclassifications (2)
(60,745
)
 
(302
)
 
(61,047
)
Amounts reclassified from accumulated other comprehensive income (loss)
(2,341
)
 
2,617

 
276

Net current period other comprehensive (loss)
(63,086
)
 
2,315

 
(60,771
)
Income tax expense

 
(530
)
 
(530
)
December 26, 2015
$
(82,977
)
 
$
(52,571
)
 
$
(135,548
)
(1) The impact of the foreign currency translation adjustment to other comprehensive income (loss) before reclassifications for the fiscal year 2014 was primarily due to the effect of changes in foreign currency exchange rates of the Euro and Canadian Dollar and to a lesser extent due to the impact of changes in the Japanese Yen and British Pound.
(2) The impact of the foreign currency translation adjustment to other comprehensive income (loss) before reclassifications for the fiscal year 2015 was primarily due to the effect of changes in foreign currency exchange rates of the Euro and Canadian Dollar and to a lesser extent due to the impact of changes in the British Pound.
(3) Foreign currency translation and other includes an insignificant amount of unrealized gains (losses) on available-for-sale marketable securities.

Nonredeemable Noncontrolling Interests
The Company has investments in several entities, whose financial results are consolidated in the Company’s financial statements, as it has the ability to exercise control over these entities. The interests of the respective noncontrolling parties in these entities have been recorded as noncontrolling interests.