Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.7.0.1
Shareholders' Equity (Tables)
 6 Months Ended
Jul. 01, 2017
Equity [Abstract]  
Summary of Changes in Shareholder's Equity
The changes in shareholders’ equity for the six months ended July 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
—

 
686

 
(686
)
Exercise of Stock Options
—

 
17

 
37

End of Period
$
297

 
22,658

 
7,016

ADDITIONAL PAID IN CAPITAL
 
 
 
 
 
Beginning of Period
$
64,752

 
 
 
 
Stock Compensation Expense
1,456

 
 
 
 
Exercise of Stock Options
317

 
 
 
 
End of Period
$
66,525

 
 
 
 
ACCUMULATED OTHER COMPREHENSIVE LOSS
 
 
 
 
 
Beginning of Period
$
(15,494
)
 
 
 
 
Foreign Currency Translation Adjustment
2,491

 
 
 
 
Retirement Liability Adjustment – Net of Tax
262

 
 
 
 
End of Period
$
(12,741
)
 
 
 
 
RETAINED EARNINGS
 
 
 
 
 
Beginning of Period
$
305,512

 
 
 
 
Net Income
19,272

 
 
 
 
End of Period
$
324,784

 
 
 
 
TREASURY STOCK
 
 
 
 
 
Beginning of Period
$
(17,618
)
 
(523
)
 
 
Purchase
(13,524
)
 
(450
)
 
 
End of Period
$
(31,142
)
 
(973
)
 
 
TOTAL SHAREHOLDERS’ EQUITY
 
 
 
 
 
Beginning of Period
$
337,449

 
 
 
 
 
 
 
 
 
 
End of Period
$
347,723

 
21,685

 
7,016