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EQUITY AND REDEEMABLE NONCONTROLLING INTEREST (Tables)
12 Months Ended
Dec. 31, 2016
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:
 
Fiscal Year
 
2016
 
2015
 
2014
 
 
 
 
 
 
 
(in thousands)
Numerator:
 
 
 
 
 
Income from continuing operations, net of income taxes
$
156,086

 
$
152,037

 
$
129,924

Income (loss) from discontinued operations, net of income taxes
280

 
(950
)
 
(1,726
)
Less: Net income attributable to noncontrolling interests
1,601

 
1,774

 
1,500

Net income attributable to common shareholders
$
154,765

 
$
149,313

 
$
126,698

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Weighted-average shares outstanding—Basic
47,014

 
46,496

 
46,627

Effect of dilutive securities:
 
 
 
 
 
Stock options, restricted stock units, performance share units and restricted stock
944

 
1,138

 
931

Weighted-average shares outstanding—Diluted
47,958

 
47,634

 
47,558


Changes to Each Component of Accumulated Other Comprehensive Income (LOss), Net of Income Taxes
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 27, 2014
$
(19,891
)
 
$
(54,356
)
 
$
(74,247
)
Other comprehensive loss before reclassifications (1)
(60,745
)
 
(302
)
 
(61,047
)
Amounts reclassified from accumulated other comprehensive income (loss)
(2,341
)
 
2,617

 
276

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

 
(60,771
)
Income tax expense

 
530

 
530

December 26, 2015
(82,977
)
 
(52,571
)
 
(135,548
)
Other comprehensive loss before reclassifications (2)
(71,618
)
 
(60,678
)
 
(132,296
)
Amounts reclassified from accumulated other comprehensive income (loss)

 
1,711

 
1,711

Net current period other comprehensive income (loss)
(71,618
)
 
(58,967
)
 
(130,585
)
Income tax expense (benefit)

 
(12,369
)
 
(12,369
)
December 31, 2016
$
(154,595
)
 
$
(99,169
)
 
$
(253,764
)
(1) The impact of the foreign currency translation adjustment to other comprehensive income (loss) before reclassifications for 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.
(2) The impact of the foreign currency translation adjustment to other comprehensive income (loss) before reclassifications for fiscal year 2016 was primarily due to the effect of changes in foreign currency exchange rates of the Euro, British Pound, and Canadian Dollar and to a lesser extent due to the impact of changes in the Chinese Yuan Renminbi and Japanese Yen.
(3) Foreign currency translation and other includes a non-significant amount of unrealized gains (losses) on available-for-sale marketable securities.
Rollforward of Redeemable Noncontrolling Interest
The following table provides a rollforward of the Company’s redeemable noncontrolling interest subsequent to the acquisition of the additional 12% equity interest on July 7, 2016:
 
Redeemable Noncontrolling Interest
 
(in thousands)
July 7, 2016
$
25,985

Purchase of 12% equity interest
(12,360
)
Total gains or losses (realized/unrealized):
 
Net income attributable to noncontrolling interest
357

Foreign currency translation
(818
)
Modification of 13% purchase option
1,495

December 31, 2016
$
14,659