XML 82 R50.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Stockholders' Equity (Tables)
 12 Months Ended
Dec. 29, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Treasury Stock
There were 470,424 shares of common stock issued at the beginning and end of 2019, 2018 and 2017. Treasury stock activity for 2019, 2018 and 2017 was as follows:
 
Treasury Stock
 
2019
 
2018
 
2017
Number of shares at beginning of year
239,191

 
229,912

 
223,850

Repurchases of common stock
10,158

 
15,808

 
8,607

Common shares issued:
 
 
 
 
 
Stock options, net
(2,912
)
 
(5,824
)
 
(1,853
)
Restricted stock, net
(834
)
 
(627
)
 
(612
)
Director fees
(14
)
 
(15
)
 
(15
)
Other
(54
)
 
(63
)
 
(65
)
Number of shares at end of year
245,535

 
239,191

 
229,912
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table provides a rollforward of the components of accumulated other comprehensive income (loss), net of tax as applicable:
 
Foreign Currency Translation
 
Cash Flow Hedges (a)
 
Pension (b)
 
Total
Balance at January 1, 2017
$
(60,299
)
 
$
(1,797
)
 
$
(1,145
)
 
$
(63,241
)
Current-period other comprehensive income
15,150

 
1,797

 
96

 
17,043

Balance at December 31, 2017
(45,149
)
 
—

 
(1,049
)
 
(46,198
)
Current-period other comprehensive (loss) income
(16,524
)
 
—

 
1,049

 
(15,475
)
Balance at December 30, 2018
(61,673
)
 
—

 
—

 
(61,673
)
Current-period other comprehensive income
7,845

 
—

 
—

 
7,845

Balance at December 29, 2019
$
(53,828
)
 
$
—

 
$
—

 
$
(53,828
)

_______________

(a)
During 2015, the Company terminated seven forward-starting interest rate swaps designated as cash flow hedges, which had an original maturity date of December 31, 2017. As a result, current-period other comprehensive income for 2017 includes the reclassification of unrealized losses on cash flow hedges of $1,797 from “Accumulated other comprehensive loss” to our consolidated statement of operations consisting of $2,894 recorded to “Interest expense, net,” net of the related income tax benefit of $1,097 recorded to “(Provision for) benefit from income taxes.”

(b) During 2018, the Company terminated two frozen defined benefit plans. See Note 19 for further information.