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SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Apr. 01, 2018

Schedule of components of property, plant and equipment


	Three Months Ended
	April 1,		March 26,
(in thousands)	2018		2017
Depreciation expense	$	7,197	$	7,721

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 31, 2017	$	(442,406)	$	(6,963)	$	(449,369)
Other comprehensive income (loss) before reclassifications		—		—		—
Amounts reclassified from AOCL		5,550		—		5,550
Other comprehensive income		5,550		—		5,550
Balance at April 1, 2018	$	(436,856)	$	(6,963)	$	(443,819)

Schedule of reclassification out of accumulated other comprehensive income


	Amount Reclassified from AOCL
	Three Months Ended
(in thousands)	April 1,		March 26,		Affected Line in the Condensed
AOCL Component	2018		2017		Consolidated Statements of Operations
Minimum pension and post-retirement liability	$	5,550	$	4,285	Retirement benefit expense
		—		(1,714)	Benefit for income taxes (1)
	$	5,550	$	2,571	Net of tax

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(1) There is no income tax benefit associated with the three months ended April 1, 2018, due to the recognition of a valuation allowance.

Summary of anti-dilutive stock options


	Three Months Ended
	April 1,	March 26,
(shares in thousands)	2018	2017
Anti-dilutive common stock equivalents	224	340

Reconciliation of cash, cash equivalents and restricted cash

Reconciliation of cash, cash equivalents and restricted cash as reported in the condensed consolidated balance sheets to the total of the same such amounts shown above:


	April 1,		December 31,
(in thousands)	2018		2017
Cash and equivalents	$	19,976	$	99,387
Restricted cash included in other assets(1)		31,967		31,967
Total cash, cash equivalents and restricted cash	$	51,943	$	131,354

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(1) Restricted cash balances are certificates of deposits secured against letters of credit primarily related to contractual agreements with our workers’ compensation insurance carrier and a certain property lease.

Schedule of cash paid for interest and income taxes and other non-cash activities

Three Months Ended

(in thousands)

Interest paid (net of amount capitalized)

Income taxes paid (net of refunds)