Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v2.4.0.8
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 28, 2014
Equity [Abstract]  
Summary of Changes in Shareholder's Equity

The changes in shareholders’ equity for the six months ended June 28, 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

      —          618         (618 ) 

Exercise of Stock Options

      2        131         113   
  

 

 

    

 

 

     

 

 

  

End of Period

    $ 181        14,017         4,085   
  

 

 

    

 

 

     

 

 

  

ADDITIONAL PAID IN CAPITAL

     

Beginning of Period

    $ 40,826     

Stock Compensation Expense

      866     

Exercise of Stock Options

      2,063     
  

 

 

       

End of Period

    $ 43,755     
  

 

 

       

ACCUMULATED OTHER COMPREHENSIVE LOSS

     

Beginning of Period

    $ (3,611 )   

Foreign Currency Translation Adjustment

      (568 )   

Change in Accumulated (Loss) Income on Derivatives – Net of Tax

      (8 )   

Retirement Liability Adjustment – Net of Tax

      208     
  

 

 

       

End of Period

    $ (3,979 )   
  

 

 

       

RETAINED EARNINGS

     

Beginning of Period

    $ 134,115     

Net Income

      20,651     
  

 

 

       

End of Period

    $ 154,766     
  

 

 

       

TOTAL SHAREHOLDERS’ EQUITY

     

Beginning of Period

    $ 171,509     
  

 

 

       

End of Period

    $ 194,723