Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v2.4.0.8
Shareholders' Equity (Tables)
 3 Months Ended
Mar. 29, 2014
Equity [Abstract]  
Summary of Changes in Shareholder's Equity

The changes in shareholders’ equity for the three months ended March 29, 2014 are summarized as follows as adjusted to reflect the impact of the one-for-five 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

    $ 179        13,268         4,590   

Conversion of Class B Shares to Common Shares

      —          532         (532 ) 

Exercise of Stock Options

      1        93         78   
  

 

 

    

 

 

     

 

 

  

End of Period

    $ 180        13,893         4,136   
  

 

 

    

 

 

     

 

 

  

ADDITIONAL PAID IN CAPITAL

        

Beginning of Period

    $ 40,826        

Stock Compensation Expense

      394        

Exercise of Stock Options

      1,849        
  

 

 

       

End of Period

    $ 43,069        
  

 

 

       

ACCUMULATED OTHER COMPREHENSIVE LOSS

        

Beginning of Period

    $ (3,611 )      

Foreign Currency Translation Adjustment

      (386 )      

Mark to Market Adjustment for Derivatives

      20        

Retirement Liability Adjustment

      102        
  

 

 

       

End of Period

    $ (3,875 )      
  

 

 

       

RETAINED EARNINGS

        

Beginning of Period

    $ 134,115        

Net Income

      7,507        
  

 

 

       

End of Period

    $ 141,622        
  

 

 

       

TOTAL SHAREHOLDERS’ EQUITY

        
  

 

 

       

Beginning of Period

    $ 171,509        
  

 

 

       
       
  

 

 

       

End of Period

    $ 180,996