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Shareholders' Equity
 3 Months Ended
Jan. 03, 2015
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Shareholders’ Equity
The changes in shareholders’ equity for the three months ended January 3, 2015 are summarized as follows:
 
 
 
 
Number of Shares
 
 
Amount
 
Class A Common Stock
 
Class B Common Stock
COMMON STOCK
 
 
 
 
 
 
Beginning of period
 
$
51,280

 
43,627,531

 
7,652,182

Conversion of Class B to Class A
 
—

 
1,269

 
(1,269
)
End of Period
 
51,280

 
43,628,800

 
7,650,913

 
 
 
 
 
 
 
ADDITIONAL PAID-IN CAPITAL
 
 
 
 
 
 
Beginning of period
 
463,965

 
 
 
 
Equity-based compensation expense
 
3,398

 
 
 
 
Issuance of treasury shares
 
(3,142
)
 
 
 
 
Adjustment to market - SECT, and other
 
8,511

 
 
 
 
End of period
 
472,732

 
 
 
 
 
 
 
 
 
 
 
RETAINED EARNINGS
 
 
 
 
 
 
Beginning of period
 
1,447,911

 
 
 
 
Net earnings
 
35,265

 
 
 
 
End of period
 
1,483,176

 
 
 
 
 
 
 
 
 
 
 
TREASURY STOCK
 
 
 
 
 
 
Beginning of period
 
(360,445
)
 
(5,806,702
)
 
(3,319,038
)
Issuance of treasury shares
 
13,093

 
447,713

 
—

Purchase of treasury shares
 
(119,226
)
 
(1,682,286
)
 
(2,238
)
End of period
 
(466,578
)
 
(7,041,275
)
 
(3,321,276
)
 
 
 
 
 
 
 
STOCK EMPLOYEE COMPENSATION TRUST (SECT)
 
 
 
 
 
 
Beginning of period
 
(48,458
)
 
 
 
(710,841
)
Purchase of shares
 
(4,460
)
 
 
 
(62,245
)
Adjustment to market - SECT
 
(3,656
)
 
 
 
—

End of period
 
(56,574
)
 
—

 
(773,086
)
 
 
 
 
 
 
 
ACCUMULATED OTHER COMPREHENSIVE LOSS
 
 
 
 
 
 
Beginning of period
 
(206,838
)
 
 
 
 
Other comprehensive income (loss)
 
(37,082
)
 
 
 
 
End of period
 
(243,920
)
 
 
 
 
TOTAL SHAREHOLDERS' EQUITY
 
$
1,240,116

 
36,587,525

 
3,556,551


The changes in AOCI, net of tax, by component for the three months ended January 3, 2015 are as follows:
 
 
Accumulated foreign currency translation
 
Accumulated retirement liability
 
Accumulated (loss) on derivatives
 
Total
AOCI at beginning of period
 
$
9,254

 
$
(214,984
)
 
$
(1,108
)
 
$
(206,838
)
Other comprehensive income (loss) before reclassifications
 
(42,906
)
 
—

 
(316
)
 
(43,222
)
Amounts reclassified from AOCI
 
—

 
5,574

 
566

 
6,140

Other comprehensive income (loss)
 
(42,906
)
 
5,574

 
250

 
(37,082
)
AOCI at end of period
 
$
(33,652
)
 
$
(209,410
)
 
$
(858
)
 
$
(243,920
)


The amounts reclassified from AOCI into earnings are as follows:
 
 
 
 
Three Months Ended
 
 
Statement of earnings classification
 
January 3,
2015
 
December 28,
2013
Retirement liability:
 
 
 
 
 
 
Prior service cost (credit)
 
 
 
$
293

 
$
(327
)
Actuarial losses
 
 
 
7,552

 
4,298

Reclassification from AOCI into earnings
 
7,845

 
3,971

Tax effect
 
 
 
(2,271
)
 
(1,551
)
Net reclassification from AOCI into earnings - expense (income)
 
$
5,574

 
$
2,420

Derivatives:
 
 
 
 
 
 
Foreign currency forwards
 
Sales
 
$
—

 
$
(192
)
Foreign currency forwards
 
Cost of sales
 
505

 
371

Interest rate swaps
 
Interest
 
405

 
69

Reclassification from AOCI into earnings
 
910

 
248

Tax effect
 
 
 
(344
)
 
(166
)
Net reclassification from AOCI into earnings - expense (income)
 
$
566

 
$
82


The amounts deferred in AOCI related to derivatives are as follows:
 
 
 
 
Net deferral in AOCI of derivatives - effective portion
 
 
 
 
Three Months Ended
 
 
Statement of earnings classification
 
January 3,
2015
 
December 28,
2013
Foreign currency forwards
 
Sales
 
$
—

 
$
3

Foreign currency forwards
 
Cost of sales
 
121

 
(891
)
Interest rate swaps
 
Interest
 
(629
)
 
(98
)
Net gain (loss)
 
 
 
(508
)
 
(986
)
Tax effect
 
 
 
192

 
374

Net deferral in AOCI of derivatives
 
$
(316
)
 
$
(612
)