Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.5.0.2
Shareholders' Equity (Tables)
 6 Months Ended
Jul. 02, 2016
Equity [Abstract]  
Summary of Changes in Shareholder's Equity
The changes in shareholders’ equity for the six months ended July 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

 
15,000

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
—

 
239

 
(239
)
Exercise of Stock Options
1

 
37

 
48

End of Period
$
257

 
19,625

 
6,029

ADDITIONAL PAID IN CAPITAL
 
 
 
 
 
Beginning of Period
$
57,865

 
 
 
 
Stock Compensation Expense
1,256

 
 
 
 
Exercise of Stock Options
1,085

 
 
 
 
End of Period
$
60,206

 
 
 
 
ACCUMULATED OTHER COMPREHENSIVE LOSS
 
 
 
 
 
Beginning of Period
$
(15,064
)
 
 
 
 
Foreign Currency Translation Adjustment
1,305

 
 
 
 
Retirement Liability Adjustment – Net of Tax
261

 
 
 
 
End of Period
$
(13,498
)
 
 
 
 
RETAINED EARNINGS
 
 
 
 
 
Beginning of Period
$
257,168

 
 
 
 
Net Income
26,465

 
 
 
 
End of Period
$
283,633

 
 
 
 
TREASURY STOCK
 
 
 
 
 
Beginning of Period
$
—

 
—

 
 
Purchase
(12,154
)
 
(360
)
 
 
End of Period
$
(12,154
)
 
(360
)
 
 
TOTAL SHAREHOLDERS’ EQUITY
 
 
 
 
 
Beginning of Period
$
300,225

 
 
 
 
 
 
 
 
 
 
End of Period
$
318,444

 
19,265

 
6,029