SHAREOWNERS' EQUITY

12 Months Ended

Dec. 29, 2012

Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

SHAREOWNERS' EQUITY

The Company has the authority to issue 65,000,000, $.10 par value shares.

During 2012, 2011, and 2010, pursuant to a stock repurchase program authorized by the Company’s Board of Directors, the Company repurchased and retired the following amounts and number of shares:

(In millions, except share amounts)	2012		2011		2010
Repurchases	$	10.0	$	10.6	$	6.9
Shares	200,000		250,000		226,487

In 2012, the Company retired 209,604 shares that were received from employees as payment for the exercise price of their stock options and taxes owed upon the exercise of their stock options and release of their restricted awards.  The Company also retired 8,356 shares that had been previously granted as stock awards to employees, but were forfeited upon not meeting the required restriction criteria or termination. In 2011, the Company retired 73,326 shares that were received from employees as payment for the exercise price of their stock options and taxes owed upon the exercise of their stock options and release of their restricted awards.  The Company also retired 21,998 shares that had been previously granted as a stock award to employees, but were forfeited upon termination.  In 2010, the Company retired 12,255 shares that were received from employees as payment for taxes owed upon the release of their restricted awards. The Company also retired 1,485 shares that had been previously granted as stock award to employees, but were forfeited upon termination.

In 2012, 2011, and 2010, the Company recorded $4.7 million, $2.1 million, and $1.3 million, respectively, as a reduction in tax liability and an increase to shareowners’ equity as a result of stock option exercises.

Accumulated other comprehensive loss consisted of the currency translation adjustment and the pension liability adjustment, $(0.3) million and $(56.8) million, respectively, as of December 29, 2012, and $(2.2) million and $(47.1) million, respectively, at December 31, 2011.