| Shareholders' Equity and Share-based Payments [Text Block] |
Equity
Share Repurchase Program
On October 11, 2015, the Company’s Board of Directors authorized the repurchase of up to $100.0 million of the Company’s Common stock from time-to-time on the open market or in privately negotiated transactions. The repurchase program is authorized until December 31, 2016. The timing and amount of shares repurchased is to be determined by management based on its evaluation of market conditions and other factors.
During the three months ended April 1, 2016, the Company repurchased 1,000,000 shares of its common stock in open market transactions for approximately $20.8 million under a plan complying with Rule 10b5-1 under the Securities Exchange Act of 1934. As of the three months ended April 1, 2016, the remaining stock repurchase authorization provided by the Company’s Board of Directors is approximately $52 million.
Accumulated Other Comprehensive Loss
The following tables present the changes in the balances of each component of Accumulated other comprehensive loss including reclassifications out of Accumulated other comprehensive loss for the three months ended April 1, 2016 and March 27, 2015. All amounts are net of tax and noncontrolling interest.
| | | | | | | | | | | | | | | | | | Accumulated Other Comprehensive Loss Components | | Net Unrecognized Pension And Other Post-Retirement Benefit Cost | | Foreign Currency Translation Adjustment | | Unrealized Gain On Hedging Activities | | Total | | (In thousands) | | | | | | | | | Balance at January 1, 2016 | $ | (193,258 | ) | | $ | (528,620 | ) | | $ | 35,163 |
| | $ | (686,715 | ) | Other comprehensive loss before reclassifications: | | | | | | | | Foreign currency translation adjustment | (929 | ) | | (5,711 | ) | | 388 |
| | (6,252 | ) | Loss on long-term intra-entity foreign currency transactions | — |
| | (17,371 | ) | | — |
| | (17,371 | ) | Loss on net investment hedges | — |
| | — |
| | (10,573 | ) | | (10,573 | ) | Unrealized gain on cash flow hedges | — |
| | — |
| | 1,169 |
| | 1,169 |
| Other comprehensive loss before reclassifications | (929 | ) | | (23,082 | ) | | (9,016 | ) | | (33,027 | ) | Amounts reclassified from Accumulated other comprehensive loss | 1,400 |
| | — |
| | — |
| | 1,400 |
| Net current period Other comprehensive income (loss) | 471 |
| | (23,082 | ) | | (9,016 | ) | | (31,627 | ) | Balance at April 1, 2016 | $ | (192,787 | ) | | $ | (551,702 | ) | | $ | 26,147 |
| | $ | (718,342 | ) |
| | | | | | | | | | | | | | | | | | Accumulated Other Comprehensive Loss Components | | Net Unrecognized Pension And Other Post-Retirement Benefit Cost | | Foreign Currency Translation Adjustment | | Unrealized Gain On Hedging Activities | | Total | | (In thousands) | | | | | | | | | Balance at January 1, 2015 | $ | (240,513 | ) | | $ | (227,059 | ) | | $ | 23,881 |
| | $ | (443,691 | ) | Other comprehensive income (loss) before reclassifications: | | | | | | | | Foreign currency translation adjustment | 5,833 |
| | (188,344 | ) | | (224 | ) | | (182,735 | ) | Loss on long-term intra-entity foreign currency transactions | — |
| | (4,107 | ) | | — |
| | (4,107 | ) | Gain on net investment hedges | — |
| | — |
| | 28,685 |
| | 28,685 |
| Unrealized loss on cash flow hedges | — |
| | — |
| | (6,511 | ) | | (6,511 | ) | Other | 2,110 |
| | — |
| | — |
| | 2,110 |
| Other comprehensive income (loss) before reclassifications | 7,943 |
| | (192,451 | ) | | 21,950 |
| | (162,558 | ) | Amounts reclassified from Accumulated other comprehensive loss | 2,216 |
| | — |
| | — |
| | 2,216 |
| Net current period Other comprehensive income (loss) | 10,159 |
| | (192,451 | ) | | 21,950 |
| | (160,342 | ) | Balance at March 27, 2015 | $ | (230,354 | ) | | $ | (419,510 | ) | | $ | 45,831 |
| | $ | (604,033 | ) |
The effect on Net income of amounts reclassified out of each component of Accumulated other comprehensive loss for the three months ended April 1, 2016 and March 27, 2015 is as follows: | | | | | | | | | | | | | | Three Months Ended April 1, 2016 | | Amounts Reclassified From Accumulated Other Comprehensive Loss | | Tax Benefit | | Total | | (In thousands) | | | | | | | Pension and other post-retirement benefit cost: | | | | | | Amortization of net loss(1) | $ | 2,035 |
| | $ | (675 | ) | | $ | 1,360 |
| Amortization of prior service cost(1) | 62 |
| | (22 | ) | | 40 |
| | $ | 2,097 |
| | $ | (697 | ) | | $ | 1,400 |
|
| | | | | | | | | | | | | | Three Months Ended March 27, 2015 | | Amounts Reclassified From Accumulated Other Comprehensive Loss | | Tax Benefit | | Total | | (In thousands) | | | | | | | Pension and other post-retirement benefit cost: | | | | | | Amortization of net loss(1) | $ | 3,092 |
| | $ | (938 | ) | | $ | 2,154 |
| Amortization of prior service cost(1) | 62 |
| | — |
| | 62 |
| | $ | 3,154 |
| | $ | (938 | ) | | $ | 2,216 |
|
(1) Included in the computation of net periodic benefit (income) cost. See Note 10, “Net Periodic Benefit Cost - Defined Benefit Plans” for additional details.
During the three months ended April 1, 2016, Noncontrolling interest increased by $3.4 million as a result of Other comprehensive income, primarily due to foreign currency translation adjustment. During the three months ended March 27, 2015, Noncontrolling interest decreased by $2.9 million as a result of Other comprehensive loss, primarily due to foreign currency translation adjustment. |