XML 24 R13.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 7 Stockholders' Equity
3 Months Ended
Dec. 31, 2016
Stockholders' Equity Attributable to Parent [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
Stockholder's Equity

Accumulated Other Comprehensive Income
 
Accumulated other comprehensive income, net of tax as applicable, consisted of the following:
 
As of
 
December 31,
2016
 
October 1,
2016
 
(In thousands)
Foreign currency translation adjustments
$
88,208

 
$
90,364

Unrealized holding losses on derivative financial instruments
(682
)
 
(439
)
Unrecognized net actuarial loss and transition cost for benefit plans
(22,885
)
 
(24,544
)
    Total
$
64,641

 
$
65,381


Stock Repurchase Program

The Company did not repurchase any of its common stock in the open market during the first quarter of 2017 and repurchased 1.4 million shares of its common stock for $28.7 million during the first quarter of 2016. As of December 31, 2016, $212.8 million remains available under a stock repurchase program authorized by the Company's Board of Directors in 2016. This authorization has no expiration date.

In addition to the open market repurchases discussed above, the Company repurchased 453,000 and 20,000 shares of its common stock during the three months ended December 31, 2016 and January 2, 2016, respectively, in settlement of employee tax withholding obligations due upon the vesting of restricted stock units. The Company paid $13.6 million and $0.5 million, respectively, in conjunction with these repurchases.