Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v2.4.0.8
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 29, 2013
Equity [Abstract]  
Summary of Changes in Shareholder's Equity

The changes in shareholders’ equity for the six months ended June 29, 2013 are summarized as follows as adjusted to reflect the impact of the three-for-twenty distribution of Class B Stock as discussed in Note 10:

 

           Number of Shares  
(Dollars and Shares in thousands)    Amount     Common
Stock 		     Convertible
Class B Stock		  

Shares Authorized

        40,000         10,000   

Share Par Value

      $ 0.01       $  0.01   
    

 

 

     

 

 

  

COMMON STOCK

        

Beginning of Period

    $ 145        10,865         3,596   

Conversion of Class B Shares to Common Shares

      —          349         (349 ) 

Exercise of Stock Options

      —          35         18   
  

 

 

    

 

 

     

 

 

  

End of Period

    $ 145        11,249         3,265   
  

 

 

    

 

 

     

 

 

  

ADDITIONAL PAID IN CAPITAL

        

Beginning of Period

    $ 22,883        

Stock Compensation Expense

      709        

Exercise of Stock Options

      232        
  

 

 

       

End of Period

    $ 23,824        
  

 

 

       

ACCUMULATED OTHER COMPREHENSIVE LOSS

        

Beginning of Period

    $ (4,783 )      

Foreign Currency Translation Adjustment

      (389 )      

Mark to Market Adjustment for Derivatives

      38        

Retirement Liability Adjustment

      211        
  

 

 

       

End of Period

    $ (4,923 )      
  

 

 

       

RETAINED EARNINGS

        

Beginning of Period

    $ 106,889        

Net Income

      13,722        
  

 

 

       

End of Period

    $ 120,611        
  

 

 

       

TOTAL SHAREHOLDERS’ EQUITY

        
  

 

 

       

Beginning of Period

    $ 125,134        
  

 

 

       

End of Period

    $ 139,657