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EQUITY AND NONCONTROLLING INTEREST (Tables)
9 Months Ended
Sep. 29, 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
 
Nine Months Ended
 
September 29, 2018
 
September 30, 2017
 
September 29, 2018
 
September 30, 2017
 
(in thousands)
Numerator:
 
 
 
 
 
 
 
Income from continuing operations, net of income taxes
$
60,902

 
$
52,994

 
$
167,020

 
$
154,630

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

 
(39
)
 
1,506

 
(114
)
Less: Net income attributable to noncontrolling interests
534

 
481

 
1,818

 
1,312

Net income attributable to common shareholders
$
60,368

 
$
52,474

 
$
166,708

 
$
153,204

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding - Basic
48,310

 
47,451

 
48,098

 
47,530

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options, restricted stock units, performance share units and restricted stock
1,016

 
939

 
1,020

 
910

Weighted-average shares outstanding - Diluted
49,326

 
48,390

 
49,118

 
48,440

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
(13,592
)
 

 
(13,592
)
Amounts reclassified from accumulated other comprehensive loss

 
1,864

 
1,864

Net current period other comprehensive (loss) income
(13,592
)
 
1,864

 
(11,728
)
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
(801
)
 
460

 
(341
)
September 29, 2018
$
(90,336
)
 
$
(69,112
)
 
$
(159,448
)
Rollforward Redeemable Noncontrolling Interest
The following table provides a rollforward of the activity related to the Company’s redeemable noncontrolling interest:
 
Nine Months Ended
 
September 29, 2018
 
September 30, 2017
 
(in thousands)
Beginning balance
$
16,609

 
$
14,659

Total gains or losses (realized/unrealized):
 
 
 
Net income attributable to noncontrolling interest
543

 
474

Adjustment to redemption value
1,111

 

Foreign currency translation
(932
)
 
652

Ending balance
$
17,331

 
$
15,785