Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.10.0.1
Shareholders' Equity (Tables)
9 Months Ended
Sep. 29, 2018
Equity [Abstract]  
Summary of Changes in Shareholder's Equity
The changes in shareholders’ equity for the nine months ended September 29, 2018 are summarized as follows as adjusted to reflect the impact of the three-for-twenty distribution of Class B Stock as discussed in Note 11: 
Number of Shares
(Dollars and Shares in thousands) 
Amount
Common
Stock
Convertible
Class B Stock
Shares Authorized  40,000  15,000 
Share Par Value  $ 0.01  $ 0.01 
COMMON STOCK 
Beginning of Period  $ 340  22,861  11,082 
Conversion of Class B Shares to Common Shares  443  (443)
Exercise of Stock Options  25  22 
End of Period  $ 341  23,329  10,661 
ADDITIONAL PAID IN CAPITAL 
Beginning of Period  $ 67,748 
Stock Compensation Expense  2,349 
Exercise of Stock Options  282 
End of Period  $ 70,379 
ACCUMULATED OTHER COMPREHENSIVE LOSS 
Beginning of Period  $ (13,352)
Adoption of ASU 2018-02  (1,373)
Foreign Currency Translation Adjustment  (1,346)
Retirement Liability Adjustment – Net of Tax  646 
End of Period  $ (15,425)
RETAINED EARNINGS 
Beginning of Period  $ 325,191 
Adoption of ASU 2014-09  3,268 
Adoption of ASU 2018-02  1,373 
Net Income  34,318 
End of Period  $ 364,150 
TREASURY STOCK 
Beginning of Period  $ (50,000) (1,675)
Purchase  —  — 
End of Period  $ (50,000) (1,675)
TOTAL SHAREHOLDERS’ EQUITY 
Beginning of Period  $ 329,927 
End of Period  $ 369,445  21,654  10,661