XML 42 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
EQUITY AND NONCONTROLLING INTEREST (Tables)
 6 Months Ended
Jun. 30, 2018
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
 
Six Months Ended
 
June 30, 2018
 
July 1, 2017
 
June 30, 2018
 
July 1, 2017
 
(in thousands)
Numerator:
 
 
 
 
 
 
 
Income from continuing operations, net of income taxes
$
52,850

 
$
54,673

 
$
106,118

 
$
101,636

Income (loss) from discontinued operations, net of income taxes
1,529

 
(71
)
 
1,506

 
(75
)
Less: Net income attributable to noncontrolling interests
670

 
650

 
1,284

 
831

Net income attributable to common shareholders
$
53,709

 
$
53,952

 
$
106,340

 
$
100,730

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding - Basic
48,198

 
47,591

 
47,992

 
47,569

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options, restricted stock units, performance share units and restricted stock
845

 
751

 
974

 
835

Weighted-average shares outstanding - Diluted
49,043

 
48,342

 
48,966

 
48,404
Schedule of 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 Adjustment
and Other
 
Pension and Other Post-Retirement Benefit Plans
 
Total
 
(in thousands)
December 30, 2017
$
(77,545
)
 
$
(67,186
)
 
$
(144,731
)
Other comprehensive loss before reclassifications
(7,394
)
 
—

 
(7,394
)
Amounts reclassified from accumulated other comprehensive loss
—

 
1,249

 
1,249

Net current period other comprehensive (loss) income
(7,394
)
 
1,249

 
(6,145
)
Amount reclassified from accumulated other comprehensive loss due to adoption of ASU 2018-02 (See Note 1)
—

 
3,330

 
3,330

Income tax (benefit) expense
(906
)
 
308

 
(598
)
June 30, 2018
$
(84,033
)
 
$
(69,575
)
 
$
(153,608
)
Rollforward Redeemable Noncontrolling Interest
The following table provides a rollforward of the activity related to the Company’s redeemable noncontrolling interest:
 
Six Months Ended
 
June 30, 2018
 
July 1, 2017
 
(in thousands)
Beginning balance
$
16,609

 
$
14,659

Total gains or losses (realized/unrealized):
 
 
 
Net income attributable to noncontrolling interest
377

 
291

Foreign currency translation
(324
)
 
367

Ending balance
$
16,662

 
$
15,317