STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jul. 02, 2016

STOCKHOLDERS' EQUITY

Schedule of activity in the Capital in excess of par value, Retained earnings and Common stock in treasury, at cost accounts

Activity for the six months ended July 2, 2016 in the Capital in excess of par value, Retained earnings and Common stock in treasury, at cost accounts was as follows:

					Common Stock
	Capital in Excess		Retained		in Treasury,
In thousands	of Par Value		Earnings		at Cost
Balance as of January 2, 2016	$	224,677	$	1,155,838	$	(1,281,690)
Net income		—		38,409		—
Exercise of stock options		—		(463)		721
Restricted shares issued, net of cancellations and shares withheld for taxes		—		(2,380)		1,846
Share-based compensation		16,156		—		—
Balance as of July 2, 2016	$	240,833	$	1,191,404	$	(1,279,123)

Activity for the six months ended July 4, 2015 in the Capital in excess of par value, Retained earnings and Common stock in treasury, at cost accounts was as follows:

					Common Stock
	Capital in Excess		Retained		in Treasury,
In thousands	of Par Value		Earnings		at Cost
Balance as of January 3, 2015	$	199,100	$	1,145,643	$	(1,291,583)
Net loss		—		(46,680)		—
Exercise of stock options		—		(1,919)		4,347
Restricted shares issued, net of cancellations and shares withheld for taxes		—		(2,478)		1,321
Share-based compensation		12,756		—		—
Balance as of July 4, 2015	$	211,856	$	1,094,566	$	(1,285,915)

Schedule of accumulated other comprehensive (loss) income

In thousands	July 2, 2016		January 2, 2016		July 4, 2015
Cumulative translation adjustment, net of income taxes of $0	$	(20,308)	$	(30,054)	$	(34,310)
Unrealized (losses) gains on cash flow hedging derivatives, net of income taxes of $(1,133),  $8 and $764, respectively		(2,071)		13		1,380
Accumulated other comprehensive loss, net of income taxes	$	(22,379)	$	(30,041)	$	(32,930)

Schedule of the change in each component of Accumulated other comprehensive (loss) income, net of income taxes

The following table presents the change in each component of Accumulated other comprehensive (loss) income, net of income taxes for the six months ended July 2, 2016:

			Unrealized Gains
	Cumulative		(Losses) on Cash
	Translation		Flow Hedging
In thousands	Adjustment		Derivatives
Balance as of January 2, 2016	$	(30,054)	$	13
Other comprehensive income (loss) before reclassification		8,551		(1,820)
Amounts reclassified from accumulated other comprehensive (loss) income		1,195		(264)
Net current-period other comprehensive income (loss)		9,746		(2,084)
Balance as of July 2, 2016	$	(20,308)	$	(2,071)

The following table presents the change in each component of Accumulated other comprehensive (loss) income, net of income taxes for the six months ended July 4, 2015:

			Unrealized Gains
	Cumulative		(Losses) on Cash
	Translation		Flow Hedging
In thousands	Adjustment		Derivatives
Balance as of January 3, 2015	$	(32,096)	$	2,110
Other comprehensive loss before reclassification		(2,214)		(509)
Amounts reclassified from accumulated other comprehensive income		—		(221)
Net current-period other comprehensive loss		(2,214)		(730)
Balance as of July 4, 2015	$	(34,310)	$	1,380

The following table presents the change in each component of Accumulated other comprehensive loss, net of income taxes for the three months ended July 2, 2016:

			Unrealized
	Cumulative		Losses on Cash
	Translation		Flow Hedging
In thousands	Adjustment		Derivatives
Balance as of April 2, 2016	$	(26,076)	$	(935)
Other comprehensive income (loss) before reclassification		4,573		(1,095)
Amounts reclassified from accumulated other comprehensive (loss) income		1,195		(41)
Net current-period other comprehensive income (loss)		5,768		(1,136)
Balance as of July 2, 2016	$	(20,308)	$	(2,071)

The following table presents the change in each component of Accumulated other comprehensive (loss) income, net of income taxes for the three months ended July 4, 2015:

			Unrealized Gains
	Cumulative		(Losses) on Cash
	Translation		Flow Hedging
In thousands	Adjustment		Derivatives
Balance as of April 4, 2015	$	(32,443)	$	1,389
Other comprehensive loss before reclassification		(1,867)		(136)
Amounts reclassified from accumulated other comprehensive income		—		127
Net current-period other comprehensive loss		(1,867)		(9)
Balance as of July 4, 2015	$	(34,310)	$	1,380