SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 25, 2016

SIGNIFICANT ACCOUNTING POLICIES

Schedule of components of property, plant and equipment

	Quarters Ended				Nine Months Ended
	September 25,		September 27,		September 25,		September 27,
(in thousands)	2016		2015		2016		2015
Depreciation expense	$	8,561	$	15,224	$	33,559	$	39,606

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 27, 2015	$	(411,956)	$	(9,852)	$	(421,808)
Other comprehensive income (loss) before reclassifications		—		(937)		(937)
Amounts reclassified from AOCL		6,907		—		6,907
Other comprehensive income (loss)		6,907		(937)		5,970
Balance at September 25, 2016	$	(405,049)	$	(10,789)	$	(415,838)

Schedule of reclassification out of accumulated other comprehensive income

	Amount Reclassified from AOCL
	Quarters Ended				Nine Months Ended
(in thousands)	September 25,		September 27,		September 25,		September 27,		Affected Line in the Condensed
AOCL Component	2016		2015		2016		2015		Consolidated Statements of Operations
Minimum pension and post-retirement liability	$	3,838	$	4,802	$	11,511	$	14,408	Compensation
		(1,535)		(1,921)		(4,604)		(5,763)	Benefit for income taxes
	$	2,303	$	2,881	$	6,907	$	8,645	Net of tax

Summary of anti-dilutive stock options

	Quarters Ended		Nine Months Ended
	September 25,	September 27,	September 25,	September 27,
(shares in thousands)	2016	2015	2016	2015
Anti-dilutive common stock equivalents	305	524	284	544

Schedule of cash paid for interest and income taxes

	Nine Months Ended
	September 25,		September 27,
(in thousands)	2016		2015
Interest paid (net of amount capitalized)	$	47,349	$	53,241
Income taxes paid (net of refunds)		762		197,718
Other non-cash financing activities:
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)
Reduction of financing obligation for sale of Charlotte property by pension plan		(25,060)
Reduction of property, plant and equipment, net for sale of Charlotte property by pension plan		(26,171)