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SUPPLEMENTAL EQUITY INFORMATION (Tables)
9 Months Ended
Sep. 29, 2019
SUPPLEMENTAL EQUITY INFORMATION  
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 30, 2018

 

$

(595,820)

 

$

(8,469)

 

$

(604,289)

 

Other comprehensive income (loss) before reclassifications

 

 

17,745

 

 

 —

 

 

17,745

 

Amounts reclassified from AOCL

 

 

15,689

 

 

 —

 

 

15,689

 

Other comprehensive income

 

 

33,434

 

 

 —

 

 

33,434

 

Balance at September 29, 2019

 

$

(562,386)

 

$

(8,469)

 

$

(570,855)

 

 

Schedule of reclassification out of accumulated other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Reclassified from AOCL

 

Amount Reclassified from AOCL

 

 

 

    

Quarters Ended

 

Nine Months Ended

    

 

(in thousands)

 

September 29,

 

September 30,

 

September 29,

 

September 30,

 

Affected Line in the Condensed

AOCL Component

    

2019

    

2018

    

2019

 

2018

 

Consolidated Statements of Operations

Minimum pension and post-retirement liability

 

$

5,441

 

$

5,550

 

$

15,689

   

$

16,649

 

Retirement benefit expense (1)

_____________________

(1) There is no income tax benefit associated with the quarters and nine months ended September 29, 2019, or September 30, 2018, due to the recognition of a valuation allowance. 

Summary of the restricted stock units ("RSUs") activity

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

Average Grant

 

 

 

 

Date Fair

 

    

RSUs

    

Value

Nonvested — December 30, 2018

 

331,600

 

$

9.56

Granted

 

285,771

 

$

5.58

Vested

 

(170,072)

 

$

9.62

Forfeited

 

(31,608)

 

$

6.96

Nonvested — September 29, 2019

 

415,691

 

$

7.00

 

Summary of the stock appreciation rights ("SARs") activity

The following table summarizes the stock appreciation rights (“SARs”) activity during the nine months ended September 29, 2019: 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Weighted

    

Aggregate

 

 

 

 

Average

 

Intrinsic Value

 

    

SARs

    

Exercise Price

    

(in thousands)

Outstanding December 30, 2018

 

113,300

 

$

32.13

 

$

 —

Expired

 

(7,450)

 

$

33.62

 

 

 

Outstanding September 29, 2019

 

105,850

 

$

32.02

 

$

 —

 

Summary of stock-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarters Ended

 

Nine Months Ended

 

 

September 29,

 

September 30,

 

September 29,

 

September 30,

(in thousands)

 

2019

 

2018

 

2019

 

2018

Stock-based compensation expense

    

$

254

    

$

758

    

$

1,220

 

$

1,819

 

Summary of anti-dilutive stock options

 

 

 

 

 

 

 

 

 

 

 

Quarters Ended

 

Nine Months Ended

 

 

September 29,

 

September 30,

 

September 29,

 

September 30,

(shares in thousands)

 

2019

 

2018

 

2019

 

2018

Anti-dilutive common stock equivalents

    

478

    

127

    

471

 

199