SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 25, 2017

SIGNIFICANT ACCOUNTING POLICIES

Schedule of components of property, plant and equipment

	Quarters Ended				Six Months Ended
	June 25,		June 26,		June 25,		June 26,
(in thousands)	2017		2016		2017		2016
Depreciation expense	$	7,531	$	12,434	$	15,252	$	24,998

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

			Other
	Minimum		Comprehensive
	Pension and		Loss
	Post-		Related to
	Retirement		Equity
(in thousands)	Liability		Investments		Total
Balance at December 25, 2016	$	(450,506)	$	(11,009)	$	(461,515)
Other comprehensive income (loss) before reclassifications		—		4,046		4,046
Amounts reclassified from AOCL		5,141		—		5,141
Other comprehensive income (loss)		5,141		4,046		9,187
Balance at June 25, 2017	$	(445,365)	$	(6,963)	$	(452,328)

Schedule of reclassification out of accumulated other comprehensive income

	Amount Reclassified from AOCL
	Quarters Ended				Six Months Ended
(in thousands)	June 25,		June 26,		June 25,		June 26,		Affected Line in the Condensed
AOCL Component	2017		2016		2017		2016		Consolidated Statements of Operations
Minimum pension and post-retirement liability	$	4,284	$	3,837	$	8,569	$	7,674	Retirement benefit expense
		(1,714)		(1,535)		(3,428)		(3,070)	Benefit for income taxes
	$	2,570	$	2,302	$	5,141	$	4,604	Net of tax

Summary of anti-dilutive stock options

	Quarters Ended		Six Months Ended
	June 25,	June 26,	June 25,	June 26,
(shares in thousands)	2017	2016	2017	2016
Anti-dilutive common stock equivalents	388	279	325	300

Schedule of cash paid for interest and income taxes

	Six Months Ended
	June 25,		June 26,
(in thousands)	2017		2016
Interest paid (net of amount capitalized)	$	35,127	$	36,936
Income taxes paid (net of refunds)		8,870		(4,689)
Other non-cash investing and financing activities related to pension plan transactions:
Increase of financing obligation for contribution of real property to pension plan		—		47,130
Reduction of pension obligation for contribution of real property to pension plan		—		(47,130)