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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of Stock by Class
 
2016
2015
Common Stock, $1 Par Value
 
 
Authorized
200,000,000

200,000,000

Issued and outstanding
44,078,782

44,158,256

Preferred Stock, $1 Par Value
 

 

Authorized
2,000,000

2,000,000

Issued and outstanding


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:

(in thousands)
Foreign Currency
Translation Adjustment
 
Unrealized Gains
 Losses) on Marketable
Securities
 
Pension and Post-retirement
Liabilities
 
Derivative Financial
Instruments
 
Accumulated Other
Comprehensive Loss
Balance at December 28, 2013

$2,913

 

$81

 

($2,140
)
 

$111

 

$965

Other comprehensive income before reclassifications
(690
)
 
(67
)
 
(7,280
)
 
(1,728
)
 
(9,765
)
Tax (expense) or benefit

 
23

 
2,657

 
631

 
3,311

Amounts reclassified from accumulated other comprehensive income, net of tax

 

 

 
114

 
114

Balance at January 3, 2015
2,223

 
37

 
(6,763
)
 
(872
)
 
(5,375
)
Other comprehensive income before reclassifications
(1,901
)
 
(60
)
 
1,975

 
(1,188
)
 
(1,174
)
Tax (expense) or benefit

 
21

 
(718
)
 
433

 
(264
)
Amounts reclassified from accumulated other comprehensive income, net of tax

 

 

 
1,627

 
1,627

Balance at January 2, 2016
322

 
(2
)
 
(5,506
)
 

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

 
1,317

 
148

Tax (expense) or benefit

 
55

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

 

 

 
628

 
628

Balance at December 31, 2016

($1,188
)
 

($105
)
 

($5,167
)
 

$1,460

 

($5,000
)
Reclassification out of Accumulated Other Comprehensive Income
The following table details the reclassifications from accumulated other comprehensive income (loss) for the years ended January 2, 2016 and December 31, 2016 (in thousands):

Details about Accumulated Other Comprehensive Income Components
Affected Line Item in the Statement Where Net Income is Presented
 
2016

 
2015

Derivative financial instruments
 
 
 
 
 
Interest rate swap
Interest income or (expense)
 

($993
)
 

 
Tax (expense) or benefit
 
365

 

 
Net of Tax
 

($628
)
 

 
 
 
 
 
 
Diesel hedge
Selling and administrative expenses
 

 

($2,562
)
 
Tax (expense) or benefit
 

 
935

 
Net of tax
 

 

($1,627
)
Net
 
 

($628
)
 

($1,627
)
Schedule of Dividends Declared and Paid Per Share
Cash dividends declared and paid per share for each year are:

(In dollars)
2016

2015

2014

Common shares

$1.090


$1.045


$0.990