Accumulated Other Comprehensive Income (Loss) and Shareholders' Equity (Tables)

12 Months Ended

Dec. 28, 2019

Equity [Abstract]

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), net of tax, as applicable (in thousands):

	Foreign Currency Translation Adjustment			Unrealized Gains (Losses) on Debt Securities			Pension and Post-retirement Liabilities			Derivative Financial Instruments			Accumulated Other Comprehensive Income (Loss)
Balance as of December 31, 2016	$	(1,188	)	$	(105	)	$	(5,167	)	$	1,460		$	(5,000	)
Other comprehensive income (loss) before reclassifications	1,219			(6		)	(733		)	714			1,194
Tax (expense) or benefit	—			(21		)	270			(263		)	(14		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	—			—			—			209			209
Balance as of December 30, 2017	$	31		$	(132	)	$	(5,630	)	$	2,120		$	(3,611	)
Other comprehensive income (loss) before reclassifications	(3,004		)	(31		)	3,531			1,488			1,984
Tax (expense) or benefit	—			7			(830		)	(350		)	(1,173		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	—			—			—			(799		)	(799		)
Balance as of December 29, 2018	$	(2,973	)	$	(156	)	$	(2,929	)	$	2,459		$	(3,599	)
Other comprehensive income (loss) before reclassifications	61			318			(2,254		)	(1,739		)	(3,614		)
Tax (expense) or benefit	—			(67		)	606			403			942
Reclassification of stranded tax impact	—			—			(1,185		)	446			(739		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	—			—			—			(1,063		)	(1,063		)
Balance as of December 28, 2019	$	(2,912	)	$	95		$	(5,762	)	$	506		$	(8,073	)

Amounts in parentheses indicate reductions to equity.

Reclassification out of Accumulated Other Comprehensive Income

The following table details the reclassifications from accumulated other comprehensive income (loss) (in thousands):

Details about Accumulated Other Comprehensive Income (Loss) Components	Affected Line Item in the Statement Where Net Income is Presented	2019			2018			2017
Derivative financial instruments
Interest rate swap	Interest expense, net	$	1,392		$	1,045		$	(330	)
	Income tax expense	(329		)	(246		)	121
	Net of tax	$	1,063		$	799		$	(209	)

Amounts in parentheses indicate reductions to profit.

Schedule of Stock by Class

The following table provides the details of stock under the MSPPs:

	2019		2018		2017
Shares of common stock issued	76,041		74,020		74,694
Average price per share	$	30.67	$	32.19	$	35.22

Common stock was issued under the Director Plans as follows:

	2019	2018	2017
Director Plan issued shares of common stock	37,269	27,745	27,196

Schedule of Dividends Declared and Paid Per Share

The Corporation declared and paid cash dividends per common share as follows (in dollars):

	2019		2018		2017
Dividends per common shares	$	1.21	$	1.17	$	1.13

Schedule of Repurchase Agreements

The following table summarizes shares repurchased and settled by the Corporation (in thousands, except share and per share data):

	2019			2018			2017
Shares repurchased	2,286,200			755,221			1,462,936
Average price per share	$	36.70		$	38.96		$	40.25
Cash purchase price	$	(83,907	)	$	(29,424	)	$	(58,887	)
Purchases unsettled as of quarter end	374			354			1,382
Prior year purchases settled in current year	(354		)	(1,382		)	—
Shares repurchased per cash flow	$	(83,887	)	$	(30,452	)	$	(57,505	)