Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity

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Shareholders' Equity
 3 Months Ended
Mar. 30, 2013
Shareholders' Equity/Accumulated Other Comprehensive Loss and Other Comprehensive Loss [Abstract]  
Shareholders' Equity

9) Shareholders’ Equity

The changes in shareholders’ equity for the three months ended March 30, 2013 are summarized as follows as adjusted to reflect the impact of the three-for-twenty distribution of Class B Stock as discussed in Note 10:

 

                         
          Number of Shares  
(Dollars and Shares in thousands)   Amount     Common
Stock		     Convertible
Class B Stock		  

Shares Authorized

             20,000       5,000  

Share Par Value

           $ 0.01     $ 0.01  
           

 

 

    

 

 

  

COMMON STOCK

                        

Beginning of Period

   $ 145       10,865       3,596  

Conversion of Class B Shares to Common Shares

     —         258       (258 ) 

Exercise of Stock Options

     —         30       17  
   

 

 

    

 

 

    

 

 

  

End of Period

   $ 145       11,153       3,355  
   

 

 

    

 

 

    

 

 

  

ADDITIONAL PAID IN CAPITAL

                        

Beginning of Period

   $ 22,883                  

Stock Compensation Expense

     326                  

Exercise of Stock Options

     194                  
   

 

 

                  

End of Period

   $ 23,403                  
   

 

 

                  

ACCUMULATED OTHER COMPREHENSIVE LOSS

                        

Beginning of Period

   $ (4,783 )                 

Foreign Currency Translation Adjustment

     (197 )                 

Mark to Market Adjustment for Derivatives

     15                  

Retirement Liability Adjustment

     106                  
   

 

 

                  

End of Period

   $ (4,859 )                 
   

 

 

                  

RETAINED EARNINGS

                        

Beginning of Period

   $ 106,889                  

Net Income

     8,564                  
   

 

 

                  

End of Period

   $ 115,453                  
   

 

 

                  

TOTAL SHAREHOLDERS’ EQUITY

                        
   

 

 

                  

Beginning of Period

   $ 125,134                  
   

 

 

                  

End of Period

   $ 134,142