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Stockholders' Equity (Tables)
3 Months Ended
Apr. 04, 2015
Stockholders' Equity  
Schedule of share repurchase programs

 

The Board of Directors authorized the following share repurchase programs (in thousands):

 

Program
Authorization Date

 

Program
Termination Date

 

Program
Amount

 

October 2014

 

December 2015

 

$

100,000 

 

January 2014

 

January 2015

 

$

100,000 

 

January 2013

 

January 2014

 

$

50,000 

 

 

Schedule of components of accumulated other comprehensive loss, net of taxes

 

The components of accumulated other comprehensive loss, net of taxes, were as follows (in thousands):

 

 

 

Unrealized Gain
(Loss) on Cash
Flow Hedge

 

Net Unrealized Losses
on Available-For-Sale
Securities

 

Total

 

Balance at January 3, 2015

 

$

215

 

$

(297

)

$

(82

)

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassifications

 

(407

)

(13

)

(420

)

Amount reclassified from accumulated other comprehensive loss

 

85

 

6

 

91

 

Net change for the period

 

(322

)

(7

)

(329

)

 

 

 

 

 

 

 

 

Balance at April 4, 2015

 

$

(107

)

$

(304

)

$

(411

)

 

Schedule of Reclassifications From Accumulated Other Comprehensive Loss

 

 

 

Three Months Ended

 

Reclassification (in thousands)

 

April 4,
2015

 

March 29,
 2014

 

Losses on cash flow hedges to:

 

 

 

 

 

Interest expense

 

$

(130

)

$

(143

)

 

 

 

 

 

 

Losses on available-for-sale securities to:

 

 

 

 

 

Interest income

 

(10

)

 

 

 

(140

)

(143

)

 

 

 

 

 

 

Income tax benefit

 

49

 

50

 

Total reclassifications

 

$

(91

)

$

(93

)