Shareholders' Equity and Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 27, 2013

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity

Changes in shareholders’ equity for the nine months ended September 27, 2013, were as follows:

In thousands
Balance at December 31, 2012	$	420,193
Comprehensive income	48,565
Dividends declared	(12,834		)
Employee stock plans and related tax benefit	4,002
Purchase of treasury shares	(644		)
Share-based compensation expense	4,056
Balance at September 27, 2013	$	463,338

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) are shown below:

	For the Three Months Ended			For the Nine Months Ended
	September 27, 2013			September 27, 2013
In thousands
Foreign currency translation:
Beginning balance	$	(21,273	)	$	(16,515	)
Net gain/(loss) on foreign currency translation	4,669			(89		)
Reclassification to net income	—			—
Other comprehensive income/(loss), net of tax	4,669			(89		)
Ending balance	$	(16,604	)	$	(16,604	)
Pension and other post-retirement benefits(a):
Beginning balance	$	(101,600	)	$	(104,551	)
Reclassification to net income
Amortization of prior service cost, net of tax expense of $10 and $30, respectively	15			45
Amortization of net loss, net of tax expense of $931 and $2,721, respectively	1,521			4,442
Other comprehensive income/(loss), net of tax	1,536			4,487
Ending balance	$	(100,064	)	$	(100,064	)
Derivative instruments(b):
Beginning balance	$	(463	)	$	(524	)
Net loss on derivative instruments, net of tax benefit of $98 and $71, respectively	(158		)	(114		)
Reclassification to net income, net of tax expense of $24 and $35, respectively	39			56
Other comprehensive income/(loss), net of tax	(119		)	(58		)
Ending balance	$	(582	)	$	(582	)
Total accumulated other comprehensive income (loss)	$	(117,250	)	$	(117,250	)

^(a)These accumulated other comprehensive income components are included in the computation of net periodic pension cost (See Note 11, Pension Plans for additional information).

^(b)See Note 8, Derivative Financial Instruments, for additional information regarding our derivative instruments.