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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY Statement - USD ($)
$ in Thousands
Total
Common Stock
Paid-in Capital
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Income (loss)
Accumulated Defined Benefit Plans Adjustment
Interest Rate Swap
Retained Earnings
Interest Rate Swap
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent
Balance, Beginning at Dec. 30, 2017 $ 1,361,148 $ 145 $ 374,922 $ (445,118) $ 1,697,618 $ (266,419)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net earnings 149,408 0 0 0 149,408 0      
Cumulative Effect on Retained Earnings, Net of Tax | Accounting Standards Update 2018-02 [1] 0 0 0 0 (1,132) 1,132      
Cumulative Effect on Retained Earnings, Net of Tax | Accounting Standards Update 2014-09 [2] (4,405) 0 0 0 (4,405) 0      
Currency translation adjustment (20,161) 0 0 0 0 (20,161)      
Change in unrecognized pension benefit costs, net of tax 6,499                
Change in unrecognized pension benefit costs, net of tax | Accounting Standards Update 2018-02 5,367 0 0 0 0 5,367      
Unrealized gain on interest rate swaps, net of tax 7,981 0 0 0 0 7,981      
Stock compensation 1,818 0 1,818 0 0 0      
Balance, Ending at Jun. 30, 2018 1,501,156 145 376,740 (445,118) 1,841,489 (272,100)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Other comprehensive income (loss), adopt of new accounting pronouncement | Accounting Standards Update 2018-02 [3] 1,132           $ (487)   $ 1,619
Balance, Beginning at Mar. 31, 2018 1,440,659 145 375,067 (445,118) 1,757,501 (246,936)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net earnings 83,988 0 0 0 83,988 0      
Currency translation adjustment (41,963) 0 0 0 0 (41,963)      
Change in unrecognized pension benefit costs, net of tax 13,754 0 0 0 0 13,754      
Unrealized gain on interest rate swaps, net of tax 3,045 0 0 0 0 3,045      
Stock compensation 1,673 0 1,673 0 0 0      
Balance, Ending at Jun. 30, 2018 1,501,156 145 376,740 (445,118) 1,841,489 (272,100)      
Balance, Beginning at Dec. 29, 2018 1,665,203 145 377,419 (445,118) 2,009,233 (276,476)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net earnings 161,223 0 0 0 161,223 0      
Cumulative Effect on Retained Earnings, Net of Tax | Accounting Standards Update 2018-02         (1,100)        
Cumulative Effect on Retained Earnings, Net of Tax | Accounting Standards Update 2017-12 [4] 0 0 0 0 (11) 11      
Currency translation adjustment (1,762) 0 0 0 0 (1,762)      
Change in unrecognized pension benefit costs, net of tax (9) 0 0 0 0 (9)      
Unrealized gain on interest rate swaps, net of tax (23,491)                
Unrealized gain on interest rate swaps, net of tax | Accounting Standards Update 2017-12 (23,502) 0 0 0 0 (23,502)      
Stock compensation 1,334 0 1,334 0 0 0      
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs 1,850 0 1,850 0 0 0      
Purchase of treasury stock (6,086) 0 0 (6,086) 0 0      
Balance, Ending at Jun. 29, 2019 1,798,251 145 380,603 (451,204) 2,170,445 (301,738)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Other comprehensive income (loss), adopt of new accounting pronouncement             $ (500)    
Other comprehensive income (loss), adopt of new accounting pronouncement | Accounting Standards Update 2018-02               $ 1,600  
Balance, Beginning at Mar. 30, 2019 1,726,059 145 378,488 (450,386) 2,078,235 (280,423)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net earnings 92,210 0 0 0 92,210 0      
Currency translation adjustment (12,445) 0 0 0 0 (12,445)      
Change in unrecognized pension benefit costs, net of tax 5,254 0 0 0 0 5,254      
Unrealized gain on interest rate swaps, net of tax (14,124) 0 0 0 0 (14,124)      
Stock compensation 265 0 265 0 0 0      
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs 1,850 0 1,850 0 0 0      
Purchase of treasury stock (818) 0 0 (818) 0 0      
Balance, Ending at Jun. 29, 2019 $ 1,798,251 $ 145 $ 380,603 $ (451,204) $ 2,170,445 $ (301,738)      
[1]
(1) As of December 31, 2017, the company adopted ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The adoption of this guidance resulted in the reclassification of $1.1 million, including $1.6 million related to interest rate swap and $(0.5) million related to pensions, of stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 from accumulated other comprehensive income to retained earnings.
[2]
(2) As of December 31, 2017, the company adopted ASU No. 2014-09, Revenue from Contracts with Customers (ASC 606) using the modified retrospective method to contracts that were not completed as of December 30, 2017. The adoption of this guidance resulted in the recognition of $4.4 million as an adjustment to the opening balance of retained earnings.
[3] As of December 31, 2017, the company adopted ASU 2018-02, "Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income". This guidance allowed for the reclassification of $1.1 million of stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 from accumulated other comprehensive income to retained earnings.
[4]
(1) As of December 30, 2018, the company adopted ASU No. 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities" using the modified retrospective method. The adoption of this guidance resulted in the recognition of less than $0.1 million as an adjustment to the opening balance of retained earnings.