Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.7.0.1
Shareholders' Equity (Tables)
 3 Months Ended
Apr. 01, 2017
Equity [Abstract]  
Summary of Changes in Shareholder's Equity
The changes in shareholders’ equity for the three months ended April 1, 2017 are summarized as follows: 
 
 
 
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
$
297

 
21,955

 
7,665

Conversion of Class B Shares to Common Shares
—

 
320

 
(320
)
Exercise of Stock Options
—

 
16

 
33

End of Period
$
297

 
22,291

 
7,378

ADDITIONAL PAID IN CAPITAL
 
 
 
 
 
Beginning of Period
$
64,752

 
 
 
 
Stock Compensation Expense
656

 
 
 
 
Exercise of Stock Options
295

 
 
 
 
End of Period
$
65,703

 
 
 
 
ACCUMULATED OTHER COMPREHENSIVE LOSS
 
 
 
 
 
Beginning of Period
$
(15,494
)
 
 
 
 
Foreign Currency Translation Adjustment
395

 
 
 
 
Retirement Liability Adjustment – Net of Tax
131

 
 
 
 
End of Period
$
(14,968
)
 
 
 
 
RETAINED EARNINGS
 
 
 
 
 
Beginning of Period
$
305,512

 
 
 
 
Net Income
11,587

 
 
 
 
End of Period
$
317,099

 
 
 
 
TREASURY STOCK
 
 
 
 
 
Beginning of Period
$
(17,618
)
 
(523
)
 
 
Purchase
(4,413
)
 
(148
)
 
 
End of Period
$
(22,031
)
 
(671
)
 
 
TOTAL SHAREHOLDERS’ EQUITY
 
 
 
 
 
Beginning of Period
$
337,449

 
 
 
 
 
 
 
 
 
 
End of Period
$
346,100

 
21,620

 
7,378