Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v2.4.0.8
Shareholders' Equity (Tables)
9 Months Ended
Sep. 28, 2013
Equity [Abstract]  
Summary of Changes in Shareholder's Equity

The changes in shareholders’ equity for the nine months ended September 28, 2013 are summarized as follows as adjusted to reflect the impact of the twenty percent 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

   $ 174        10,865         6,488   

Conversion of Class B Shares to Common Shares

     —          561         (561

Exercise of Stock Options

     1        69         58   
  

 

 

   

 

 

    

 

 

 

End of Period

   $ 175        11,495         5,985   
  

 

 

   

 

 

    

 

 

 

ADDITIONAL PAID IN CAPITAL

       

Beginning of Period

   $ 22,854        

Stock Compensation Expense

     1,048        

Exercise of Stock Options

     1,056        
  

 

 

      

End of Period

   $ 24,958        
  

 

 

      

ACCUMULATED OTHER COMPREHENSIVE LOSS

       

Beginning of Period

   $ (4,783     

Foreign Currency Translation Adjustment

     (260     

Mark to Market Adjustment for Derivatives

     65        

Retirement Liability Adjustment

     316        
  

 

 

      

End of Period

   $ (4,662     
  

 

 

      

RETAINED EARNINGS

       

Beginning of Period

   $ 106,889        

Net Income

     20,877        
  

 

 

      

End of Period

   $ 127,766        
  

 

 

      

TOTAL SHAREHOLDERS’ EQUITY

       

Beginning of Period

   $ 125,134        
  

 

 

      

End of Period

   $ 148,237