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EQUITY AND NONCONTROLLING INTERESTS (Tables) | 12 Months Ended
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Dec. 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:
| Fiscal Year
| 2018 |  | 2017 |  | 2016
| (in thousands)
Numerator: |  |  |  |  |
Income from continuing operations, net of income taxes | $ | 227,218 |  |  | $ | 125,586 |  |  | $ | 156,086 |
Income (loss) from discontinued operations, net of income taxes | 1,506 |  |  | (137 | ) |  | 280 |
Less: Net income attributable to noncontrolling interests | 2,351 |  |  | 2,094 |  |  | 1,601 |
Net income attributable to common shareholders | $ | 226,373 |  |  | $ | 123,355 |  |  | $ | 154,765 |
Denominator: |  |  |  |  |
Weighted-average shares outstanding—Basic | 47,947 |  |  | 47,481 |  |  | 47,014 |
Effect of dilutive securities: |  |  |  |  |
Stock options, restricted stock, restricted stock units and performance share units | 1,071 |  |  | 1,083 |  |  | 944 |
Weighted-average shares outstanding—Diluted | 49,018 |  |  | 48,564 |  |  | 47,958 |
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 Adjustment and Other |  | Pension and Other Post-Retirement Benefit Plans |  | Total
| (in thousands)
December 31, 2016 | $ | (154,595 | ) |  | $ | (99,169 | ) |  | $ | (253,764 | )
Other comprehensive income before reclassifications (1) | 77,050 |  |  | 36,593 |  |  | 113,643 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 3,344 |  |  | 3,344 |
Net current period other comprehensive income (loss) | 77,050 |  |  | 39,937 |  |  | 116,987 |
Income tax expense | — |  |  | 7,954 |  |  | 7,954 |
December 30, 2017 | (77,545 | ) |  | (67,186 | ) |  | (144,731 | )
Other comprehensive loss before reclassifications (1) | (27,352 | ) |  | (1,659 | ) |  | (29,011 | )
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 2,477 |  |  | 2,477 |
Net current period other comprehensive (loss) income | (27,352 | ) |  | 818 |  |  | (26,534 | )
Amount reclassified from accumulated other comprehensive loss due to the adoption of ASU 2018-02 (See Note 1) | — |  |  | 3,330 |  |  | 3,330 |
Income tax (benefit) expense | (2,698 | ) |  | 806 |  |  | (1,892 | )
December 29, 2018 | $ | (102,199 | ) |  | $ | (70,504 | ) |  | $ | (172,703 | )
(1) The impact of the foreign currency translation adjustment to other comprehensive income (loss) before reclassifications 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.
Rollforward of Redeemable Noncontrolling Interest | The following table provides a rollforward of the activity related to the Company’s redeemable noncontrolling interest:
| Fiscal Year
| 2018 |  | 2017
| (in thousands)
Beginning balance | $ | 16,609 |  |  | $ | 14,659 |
Total gains or losses (realized/unrealized): |  |  |
Net income attributable to noncontrolling interest | 800 |  |  | 916 |
Adjustment to redemption value | 2,069 |  |  | — |
Foreign currency translation | (953 | ) |  | 1,034 |
Ending balance | $ | 18,525 |  |  | $ | 16,609 |
The following table provides a rollforward of the fair value of the Company’s redeemable noncontrolling interest for fiscal year 2016:
| Redeemable Noncontrolling Interest
| (in thousands)
December 26, 2015 | $ | 28,008 |
Total gains or losses (realized/unrealized): |
Net income attributable to noncontrolling interest | 320 |
Foreign currency translation | (653 | )
Change in fair value, included in additional paid-in capital | (1,690 | )
July 7, 2016 | $ | 25,985 |
Purchase of 12% equity | $ | (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 |

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- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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