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Shareholders' Equity (Tables) | 9 Months Ended
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Sep. 29, 2019
Stockholders' Equity Note [Abstract] |
Schedule of Stockholders Equity | The following tables depict the activity in the accounts which make up shareholders’ equity for the three and nine months ended September 29, 2019 and September 30, 2018:
| SHARES |  | COMMON STOCK |  | ADDITIONAL PAID-IN CAPITAL |  | RETAINED EARNINGS |  | PENSION LIABILITY |  | FOREIGN CURRENCY TRANSLATION ADJUSTMENT |  | CASH FLOW HEDGE
| (In thousands)
Balance at December 30, 2018 | 59,508 |  |  | $ | 5,951 |  |  | $ | 270,269 |  |  | $ | 222,214 |  |  | $ | (43,610 | ) |  | $ | (101,487 | ) |  | $ | 1,326 |
Net income | — |  |  | — |  |  | — |  |  | 7,059 |  |  | — |  |  | — |  |  | — |
Stock issuances under employee plans | 509 |  |  | 51 |  |  | 379 |  |  | — |  |  | — |  |  | — |  |  | — |
Other issuances of common stock | 224 |  |  | 22 |  |  | 3,900 |  |  | — |  |  | — |  |  | — |  |  | — |
Unamortized stock compensation expense related to restricted stock awards | — |  |  | — |  |  | (3,922 | ) |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends paid | — |  |  | — |  |  | — |  |  | (3,900 | ) |  | — |  |  | — |  |  | — |
Forfeitures and compensation expense related to stock awards | (225 | ) |  | (22 | ) |  | 29 |  |  | — |  |  | — |  |  | — |  |  | — |
Share repurchases | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | (91 | ) |  | — |  |  | — |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (5,203 | ) |  | — |
Cash flow hedge unrealized loss | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (3,306 | )
Balance, at March 31, 2019 | 60,016 |  |  | $ | 6,002 |  |  | $ | 270,655 |  |  | $ | 225,373 |  |  | $ | (43,701 | ) |  | $ | (106,690 | ) |  | $ | (1,980 | )
Net income | — |  |  | — |  |  | — |  |  | 29,499 |  |  | — |  |  | — |  |  | — |
Stock issuances under employee plans | 2 |  |  | — |  |  | 6 |  |  | — |  |  | — |  |  | — |  |  | — |
Other issuances of common stock | (1 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Unamortized stock compensation expense related to restricted stock awards | — |  |  | — |  |  | 52 |  |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends paid | — |  |  | — |  |  | — |  |  | (3,863 | ) |  | — |  |  | — |  |  | — |
Forfeitures and compensation expense related to stock awards | (28 | ) |  | (3 | ) |  | 1,506 |  |  | — |  |  | — |  |  | — |  |  | — |
Share repurchases | (1,556 | ) |  | (156 | ) |  | (24,998 | ) |  | — |  |  | — |  |  | — |  |  | — |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | 829 |  |  | — |  |  | — |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,249 |  |  | — |
Cash flow hedge unrealized loss | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (4,667 | )
Balance, at June 30, 2019 | 58,433 |  |  | $ | 5,843 |  |  | $ | 247,221 |  |  | $ | 251,009 |  |  | $ | (42,872 | ) |  | $ | (102,441 | ) |  | $ | (6,647 | )
Net income | — |  |  | — |  |  | — |  |  | 26,210 |  |  | — |  |  | — |  |  | — |
Stock issuances under employee plans | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other issuances of common stock | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Unamortized stock compensation expense related to restricted stock awards | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends paid | — |  |  | — |  |  | — |  |  | (3,798 | ) |  | — |  |  | — |  |  | — |
Forfeitures and compensation expense related to stock awards | — |  |  | — |  |  | 1,303 |  |  | — |  |  | — |  |  | — |  |  | — |
Share repurchases | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | 1,076 |  |  | — |  |  | — |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (18,585 | ) |  | — |
Cash flow hedge unrealized loss | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (941 | )
Balance at September 29, 2019 | 58,433 |  |  | $ | 5,843 |  |  | $ | 248,524 |  |  | $ | 273,421 |  |  | $ | (41,796 | ) |  | $ | (121,026 | ) |  | $ | (7,588 | )
| SHARES |  | COMMON STOCK |  | ADDITIONAL PAID-IN CAPITAL |  | RETAINED EARNINGS |  | PENSION LIABILITY |  | FOREIGN CURRENCY TRANSLATION ADJUSTMENT |  | CASH FLOW HEDGE
| (In thousands)
Balance, at December 31, 2017 | 59,806 |  |  | $ | 5,981 |  |  | $ | 271,271 |  |  | $ | 187,433 |  |  | $ | (56,554 | ) |  | $ | (78,943 | ) |  | $ | 904 |
Net income | — |  |  | — |  |  | — |  |  | 15,084 |  |  | — |  |  | — |  |  | — |
Stock issuances under employee plans | 175 |  |  | 17 |  |  | 102 |  |  | — |  |  | — |  |  | — |  |  | — |
Other issuances of common stock | 187 |  |  | 19 |  |  | 4,769 |  |  | — |  |  | — |  |  | — |  |  | — |
Unamortized stock compensation expense related to restricted stock awards | — |  |  | — |  |  | (4,788 | ) |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends paid | — |  |  | — |  |  | — |  |  | (3,868 | ) |  | — |  |  | — |  |  | — |
Forfeitures and compensation expense related to stock awards | (55 | ) |  | (6 | ) |  | 3,185 |  |  | — |  |  | — |  |  | — |  |  | — |
Share repurchases | (615 | ) |  | (61 | ) |  | (14,424 | ) |  | — |  |  | — |  |  | — |  |  | — |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | (2,216 | ) |  | — |  |  | — |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 8,830 |  |  | — |
Cash flow hedge unrealized gain | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,632 |
Balance, at April 1, 2018 | 59,498 |  |  | $ | 5,950 |  |  | $ | 260,115 |  |  | $ | 198,649 |  |  | $ | (58,770 | ) |  | $ | (70,113 | ) |  | $ | 2,536 |
Net income | — |  |  | — |  |  | — |  |  | 20,602 |  |  | — |  |  | — |  |  | — |
Stock issuances under employee plans | 4 |  |  | — |  |  | 35 |  |  | — |  |  | — |  |  | — |  |  | — |
Other issuances of common stock | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Unamortized stock compensation expense related to restricted stock awards | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends paid | — |  |  | — |  |  | — |  |  | (3,868 | ) |  | — |  |  | — |  |  | — |
Forfeitures and compensation expense related to stock awards | (9 | ) |  | (1 | ) |  | 2,135 |  |  | — |  |  | — |  |  | — |  |  | — |
Share repurchases | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | 3,459 |  |  | — |  |  | — |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (20,773 | ) |  | — |
Cash flow hedge unrealized gain | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 647 |
Balance, at July 1, 2018 | 59,493 |  |  | $ | 5,949 |  |  | $ | 262,285 |  |  | $ | 215,383 |  |  | $ | (55,311 | ) |  | $ | (90,886 | ) |  | $ | 3,183 |
Net income | — |  |  | — |  |  | — |  |  | 8,172 |  |  | — |  |  | — |  |  | — |
Stock issuances under employee plans | 10 |  |  | 1 |  |  | 86 |  |  | — |  |  | — |  |  | — |  |  | — |
Other issuances of common stock | 2 |  |  | 1 |  |  | 40 |  |  | — |  |  | — |  |  | — |  |  | — |
Unamortized stock compensation expense related to restricted stock awards | — |  |  | — |  |  | (40 | ) |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends paid | — |  |  | — |  |  | — |  |  | (3,866 | ) |  | — |  |  | — |  |  | — |
Forfeitures and compensation expense related to stock awards | — |  |  | — |  |  | 2,929 |  |  | — |  |  | — |  |  | — |  |  | — |
Share repurchases | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | (196 | ) |  | — |  |  | — |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,964 |  |  | — |
Cash flow hedge unrealized gain | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 286 |
Balance, at September 30, 2018 | 59,505 |  |  | $ | 5,951 |  |  | $ | 265,300 |  |  | $ | 219,689 |  |  | $ | (55,507 | ) |  | $ | (85,922 | ) |  | $ | 3,469 |
Share-based Payment Arrangement, Restricted Stock Unit, Activity | The following table summarizes restricted stock outstanding as of September 29, 2019, as well as activity during the nine months then ended:
| Restricted Shares |  | Weighted Average Grant Date Fair Value
Outstanding at December 30, 2018 | 549,000 |  |  | $ | 27.65 |
Granted | 224,000 |  |  | 17.54 |
Vested | (218,000 | ) |  | 18.27 |
Forfeited or canceled | (37,000 | ) |  | 20.88 |
Outstanding at September 29, 2019 | 518,000 |  |  | $ | 27.71 |
Schedule of Nonvested Performance-based Units Activity | The following table summarizes the performance shares outstanding as of September 29, 2019, as well as the activity during the nine months then ended:
| Shares |  | Weighted Average Grant Date Fair Value
Outstanding at December 30, 2018 | 759,500 |  |  | $ | 20.17 |
Granted | 344,500 |  |  | 17.54 |
Vested | (472,000 | ) |  | 18.85 |
Forfeited or canceled | (57,000 | ) |  | 20.42 |
Outstanding at September 29, 2019 | 575,000 |  |  | $ | 19.65 |

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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 + Details
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