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Stockholders' Equity (Tables)
3 Months Ended
Apr. 02, 2016
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

 

August 2015

 

December 2016

 

$

100,000

 

October 2014

 

December 2015

 

$

100,000

 

January 2014

 

January 2015

 

$

100,000

 

 

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 2, 2016

 

$

60

 

$

(567

)

$

(507

)

 

 

 

 

 

 

 

 

Other comprehensive loss before reclassifications

 

(186

)

(163

)

(349

)

Amount reclassified from accumulated other comprehensive loss

 

43

 

 

43

 

Net change for the period

 

(143

)

(163

)

(306

)

 

 

 

 

 

 

 

 

Balance at April 2, 2016

 

$

(83

)

$

(730

)

$

(813

)

 

Schedule of Reclassifications From Accumulated Other Comprehensive Loss

 

 

 

 

Three Months Ended

 

Reclassification (in thousands)

 

April 2,
2016

 

April 4,
2015

 

Losses on cash flow hedges to:

 

 

 

 

 

Interest expense

 

$

(66

)

$

(130

)

 

 

 

 

 

 

Losses on available-for-sales securities to:

 

 

 

 

 

Interest income

 

 

(10

)

 

 

(66

)

(140

)

 

 

 

 

 

 

Income tax benefit

 

23

 

49

 

Total reclassifications

 

$

(43

)

$

(91

)