XML 34 R24.htm IDEA: XBRL DOCUMENT v3.5.0.2
Stockholders' Equity (Tables)
6 Months Ended
Jul. 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

 

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

 

(268

)

(34

)

(302

)

Amount reclassified from accumulated other comprehensive loss

 

82

 

 

82

 

 

 

 

 

 

 

 

 

Net change for the period

 

(186

)

(34

)

(220

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at July 2, 2016

 

$

(126

)

$

(601

)

$

(727

)

 

 

 

 

 

 

 

 

 

 

 

Schedule of reclassifications out of accumulated other comprehensive income

The following table summarizes the effect on net income from reclassifications out of accumulated other comprehensive income (in thousands):

 

 

 

Three Months Ended

 

Six Months Ended

 

Reclassification

 

July 2,
2016

 

July 4,
2015

 

July 2,
2016

 

July 4,
2015

 

Losses on cash flow hedges to:

 

 

 

 

 

 

 

 

 

Interest expense

 

$

(61

)

$

(81

)

$

(127

)

$

(211

)

 

 

 

 

 

 

 

 

 

 

Losses on available-for-sale securities to:

 

 

 

 

 

 

 

 

 

Interest income

 

 

 

 

(10

)

 

 

 

 

 

 

 

 

 

 

 

 

(61

)

(81

)

(127

)

(221

)

 

 

 

 

 

 

 

 

 

 

Income tax benefit

 

22

 

28

 

45

 

78

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total reclassifications

 

$

(39

)

$

(53

)

$

(82

)

$

(143

)