Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.4.0.3
Shareholders' Equity (Tables)
 3 Months Ended
Apr. 02, 2016
Equity [Abstract]  
Summary of Changes in Shareholder's Equity
The changes in shareholders’ equity for the three months ended April 2, 2016 are summarized as follows:
 
 
 
 
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
$
256

 
19,349

 
6,220

Conversion of Class B Shares to Common Shares
—

 
174

 
(174
)
Exercise of Stock Options
1

 
34

 
46

End of Period
$
257

 
19,557

 
6,092

ADDITIONAL PAID IN CAPITAL
 
 
 
 
 
Beginning of Period
$
57,865

 
 
 
 
Stock Compensation Expense
597

 
 
 
 
Exercise of Stock Options
979

 
 
 
 
End of Period
$
59,441

 
 
 
 
ACCUMULATED OTHER COMPREHENSIVE LOSS
 
 
 
 
 
Beginning of Period
$
(15,064
)
 
 
 
 
Foreign Currency Translation Adjustment
1,816

 
 
 
 
Retirement Liability Adjustment – Net of Tax
131

 
 
 
 
End of Period
$
(13,117
)
 
 
 
 
RETAINED EARNINGS
 
 
 
 
 
Beginning of Period
$
257,168

 
 
 
 
Net Income
11,485

 
 
 
 
End of Period
$
268,653

 
 
 
 
TREASURY STOCK
 
 
 
 
 
Beginning of Period
$
—

 
—

 
 
Purchase
(4,261
)
 
129

 
 
End of Period
$
(4,261
)
 
129

 
 
TOTAL SHAREHOLDERS’ EQUITY
 
 
 
 
 
Beginning of Period
$
300,225

 
 
 
 
 
 
 
 
 
 
End of Period
$
310,973