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Accumulated Other Comprehensive Income (Loss) and Shareholders' Equity (Tables)
12 Months Ended
Dec. 29, 2018
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income Loss Table
The following table summarizes the components of accumulated other comprehensive income (loss) and the changes in accumulated other comprehensive income (loss), net of tax, as applicable (in thousands):
 
Foreign Currency
Translation Adjustment
 
Unrealized Gains
(Losses) on Marketable
Securities
 
Pension and Post-retirement
Liabilities
 
Derivative Financial
Instruments
 
Accumulated Other
Comprehensive Income (Loss)
Balance as of January 2, 2016
$
322

 
$
(2
)
 
$
(5,506
)
 
$

 
$
(5,186
)
Other comprehensive income (loss) before reclassifications
(1,510
)
 
(158
)
 
499

 
1,317

 
148

Tax (expense) or benefit

 
55

 
(160
)
 
(485
)
 
(590
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax

 

 

 
628

 
628

Balance as of December 31, 2016
$
(1,188
)
 
$
(105
)
 
$
(5,167
)
 
$
1,460

 
$
(5,000
)
Other comprehensive income (loss) before reclassifications
1,219

 
(6
)
 
(733
)
 
714

 
1,194

Tax (expense) or benefit

 
(21
)
 
270

 
(263
)
 
(14
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax

 

 

 
209

 
209

Balance as of December 30, 2017
$
31

 
$
(132
)
 
$
(5,630
)
 
$
2,120

 
$
(3,611
)
Other comprehensive income (loss) before reclassifications
(3,004
)
 
(31
)
 
3,531

 
1,488

 
1,984

Tax (expense) or benefit

 
7

 
(830
)
 
(350
)
 
(1,173
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax

 

 

 
(799
)
 
(799
)
Balance as of December 29, 2018
$
(2,973
)
 
$
(156
)
 
$
(2,929
)
 
$
2,459

 
$
(3,599
)

Amounts in parentheses indicate reductions to equity.

Reclassification out of Accumulated Other Comprehensive Income
The following table details the reclassifications from accumulated other comprehensive income (loss) (in thousands):
Details about Accumulated Other Comprehensive Income (Loss) Components
 
Affected Line Item in the Statement Where Net Income is Presented
 
2018

 
2017

 
2016

Derivative financial instruments
 
 
 
 
 
 
 
 
Interest rate swap
 
Interest (expense) or income
 
$
1,045

 
$
(330
)
 
$
(993
)
 
 
Tax (expense) or benefit
 
(246
)
 
121

 
365

 
 
Net of tax
 
$
799

 
$
(209
)
 
$
(628
)

Amounts in parentheses indicate reductions to profit.

Schedule of Stock by Class
The following table provides the details of stock under the MSPPs:
 
2018

 
2017

 
2016

Shares of common stock issued
74,020

 
74,694

 
75,098

Average price per share
$
32.19

 
$
35.22

 
$
37.77


Common stock was issued under the Director Plans as follows:
 
2018

 
2017

 
2016

Director Plan issued shares of common stock
27,745

 
27,196

 
24,352

Schedule of Dividends Declared and Paid Per Share
Cash dividends declared and paid per share for each year were as follows (in dollars):
 
2018

 
2017

 
2016

Common shares
$
1.17

 
$
1.13

 
$
1.09

Schedule of Repurchase Agreements
The following table summarizes shares repurchased and settled by the Corporation (in thousands, except share and per share data):
 
2018
 
2017
 
2016
Shares repurchased
755,221

 
1,462,936

 
1,082,938

Average price per share
$
38.96

 
$
40.25

 
51.55

 
 
 
 
 
 
Cash purchase price
$
(29,424
)
 
$
(58,887
)
 
$
(55,825
)
Purchases unsettled as of quarter end
354

 
1,382

 

Prior year purchases settled in current year
(1,382
)
 

 

Shares repurchased per cash flow
$
(30,452
)
 
$
(57,505
)
 
$
(55,825
)