Shareholders' Equity

9 Months Ended

Jun. 28, 2014

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders’ Equity

The changes in shareholders’ equity for the nine months endedJune 28, 2014 are summarized as follows:

				Number of Shares
	Amount			Class A Common Stock		Class B Common Stock
COMMON STOCK
Beginning of period	$	51,280		43,613,060		7,666,653
Conversion of Class B to Class A	—			11,371		(11,371	)
End of Period	51,280			43,624,431		7,655,282
ADDITIONAL PAID-IN CAPITAL
Beginning of period	447,478
Equity-based compensation expense	6,545
Issuance of treasury shares at more than cost	550
Adjustment to market - SECT, and other	12,057
End of period	466,630
RETAINED EARNINGS
Beginning of period	1,289,713
Net earnings	117,944
End of period	1,407,657
TREASURY STOCK
Beginning of period	(83,003		)	(2,004,262	)	(3,305,971	)
Issuance of treasury shares	1,862			274,159		—
Purchase of treasury shares	(149,530		)	(2,217,579	)	(10,686	)
End of period	(230,671		)	(3,947,682	)	(3,316,657	)
STOCK EMPLOYEE COMPENSATION TRUST (SECT)
Beginning of period	(35,545		)			(610,223	)
Issuance of shares	1,144					18,444
Purchase of shares	(5,206		)			(80,153	)
Adjustment to market - SECT	(9,363		)			—
End of period	(48,970		)	—		(671,932	)
ACCUMULATED OTHER COMPREHENSIVE LOSS
Beginning of period	(134,158		)
Other comprehensive income	18,607
End of period	(115,551		)
TOTAL SHAREHOLDERS' EQUITY	$	1,530,375		39,676,749		3,666,693

The changes in AOCI, net of tax, by component for the nine months endedJune 28, 2014 are as follows:

	Accumulated foreign currency translation		Accumulated retirement liability			Accumulated (loss) on derivatives			Total
AOCI at beginning of period	$	40,572	$	(173,695	)	$	(1,035	)	$	(134,158	)
Other comprehensive income (loss) before reclassifications	10,711		—			(804		)	9,907
Amounts reclassified from AOCI	—		7,868			832			8,700
Other comprehensive income	10,711		7,868			28			18,607
AOCI at end of period	51,283		$	(165,827	)	(1,007		)	$	(115,551	)

The amounts reclassified from AOCI into earnings are as follows:

		Three Months Ended						Nine Months Ended
	Statement of earnings classification	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
Retirement liability:
Prior service cost (credit)		$	60		$	(69	)	$	(187	)	$	(345	)
Transition obligation		—			90			—			271
Actuarial losses		4,329			7,249			12,850			22,939
Reclassification from AOCI into earnings		4,389			7,270			12,663			22,865
Tax effect		(1,622		)	(2,738		)	(4,795		)	(8,232		)
Net reclassification from AOCI into earnings - expense (income)		$	2,767		$	4,532		$	7,868		$	14,633
Derivatives:
Foreign currency forwards	Sales	$	—		$	—		$	(192	)	$	—
Foreign currency forwards	Cost of sales	406			(103		)	1,368			(566		)
Interest rate swaps	Interest	137			61			279			104
Reclassification from AOCI into earnings		543			(42		)	1,455			(462		)
Tax effect		(206		)	16			(623		)	191
Net reclassification from AOCI into earnings - expense (income)		$	337		$	(26	)	$	832		$	(271	)

The amounts deferred in AOCI related to derivatives are as follows:

		Net deferral in AOCI of derivatives - effective portion
		Three Months Ended						Nine Months Ended
	Statement of earnings classification	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
Foreign currency forwards	Sales	$	—		$	—		$	3		$	—
Foreign currency forwards	Cost of sales	994			(2,019		)	(554		)	(1,649		)
Interest rate swaps	Interest	(552		)	156			(743		)	(47		)
Net gain (loss)		442			(1,863		)	(1,294		)	(1,696		)
Tax effect		(167		)	722			490			652
Net deferral in AOCI of derivatives		$	275		$	(1,141	)	$	(804	)	$	(1,044	)