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Shareholders' Equity (Tables) | 6 Months Ended
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Jul. 05, 2020
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 six months ended July 5, 2020 and June 30, 2019:
| SHARES |  | COMMON STOCK |  | ADDITIONAL PAID-IN CAPITAL |  | RETAINED EARNINGS |  | PENSION LIABILITY |  | FOREIGN CURRENCY TRANSLATION ADJUSTMENT |  | CASH FLOW HEDGE
| (In thousands)
Balance, at December 29, 2019 | 58,416 |  |  | $ | 5,842 |  |  | $ | 250,306 |  |  | $ | 286,056 |  |  | $ | (56,700 | ) |  | $ | (113,139 | ) |  | $ | (4,163 | )
Net loss | — |  |  | — |  |  | — |  |  | (102,167 | ) |  | — |  |  | — |  |  | — |
Stock issuances under employee plans | 220 |  |  | 22 |  |  | 197 |  |  | — |  |  | — |  |  | — |  |  | — |
Other issuances of common stock | 107 |  |  | 10 |  |  | 1,720 |  |  | — |  |  | — |  |  | — |  |  | — |
Unamortized stock compensation expense related to restricted stock awards | — |  |  | — |  |  | (1,731 | ) |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends declared, $0.065 per common share | — |  |  | — |  |  | — |  |  | (3,807 | ) |  | — |  |  | — |  |  | — |
Forfeitures and compensation expense related to stock awards | (255 | ) |  | (25 | ) |  | (4,114 | ) |  | — |  |  | — |  |  | — |  |  | — |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | 1,733 |  |  | — |  |  | — |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (15,245 | ) |  | — |
Cash flow hedge unrealized loss | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (6,140 | )
Balance, at April 5, 2020 | 58,488 |  |  | $ | 5,849 |  |  | $ | 246,378 |  |  | $ | 180,082 |  |  | $ | (54,967 | ) |  | $ | (128,384 | ) |  | $ | (10,303 | )
Net income | — |  |  | — |  |  | — |  |  | 4,709 |  |  | — |  |  | — |  |  | — |
Stock issuances under employee plans | 12 |  |  | 1 |  |  | (1 | ) |  | — |  |  | — |  |  | — |  |  | — |
Other issuances of common stock | 70 |  |  | 7 |  |  | 2,294 |  |  | — |  |  | — |  |  | — |  |  | — |
Unamortized stock compensation expense related to restricted stock awards | — |  |  | — |  |  | (2,300 | ) |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends declared, $0.01 per common share | — |  |  | — |  |  | — |  |  | (585 | ) |  | — |  |  | — |  |  | — |
Forfeitures and compensation expense related to stock awards | (26 | ) |  | (3 | ) |  | (48 | ) |  | — |  |  | — |  |  | — |  |  | — |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | (342 | ) |  | — |  |  | — |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 16,160 |  |  | — |
Cash flow hedge unrealized loss | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (351 | )
Balance, at July 5, 2020 | 58,544 |  |  | $ | 5,854 |  |  | $ | 246,323 |  |  | $ | 184,206 |  |  | $ | (55,309 | ) |  | $ | (112,224 | ) |  | $ | (10,654 | )
| 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 declared, $0.065 per common share | — |  |  | — |  |  | — |  |  | (3,900 | ) |  | — |  |  | — |  |  | — |
Forfeitures and compensation expense related to stock awards | (225 | ) |  | (22 | ) |  | 29 |  |  | — |  |  | — |  |  | — |  |  | — |
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 declared, $0.065 per common share | — |  |  | — |  |  | — |  |  | (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 | )
Share-based Payment Arrangement, Restricted Stock Unit, Activity | The following table summarizes restricted stock outstanding as of July 5, 2020, as well as activity during the six months then ended:
| Restricted Shares |  | Weighted Average Grant Date Fair Value
Outstanding at December 29, 2019 | 468,200 |  |  | $ | 28.63 |
Granted | 308,100 |  |  | 13.08 |
Vested | (162,100 | ) |  | 19.22 |
Forfeited or canceled | (153,700 | ) |  | 19.67 |
Outstanding at July 5, 2020 | 460,500 |  |  | $ | 24.53 |
Schedule of Nonvested Performance-based Units Activity | The following table summarizes the performance shares outstanding as of July 5, 2020, as well as the activity during the six months then ended:
| Performance Shares |  | Weighted Average Grant Date Fair Value
Outstanding at December 29, 2019 | 512,000 |  |  | $ | 19.71 |
Granted | 263,700 |  |  | 15.36 |
Vested | (164,300 | ) |  | 19.74 |
Forfeited or canceled | (192,000 | ) |  | 19.67 |
Outstanding at July 5, 2020 | 419,400 |  |  | $ | 16.99 |

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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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