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Shareholders' Equity and Accumulated Other Comprehensive Income (Tables)
3 Months Ended
Mar. 29, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
Changes in shareholders’ equity for the three-month fiscal periods ended March 29, 2019, and March 30, 2018, were as follows:
 
 
For the Three Months Ended
 
 
March 29, 2019
 
March 30, 2018
In thousands
 
 
 
 
Beginning balance
 
$
633,157

 
$
635,656

Comprehensive income
 
14,144

 
22,297

Dividends declared (per share of common stock, $0.20 and $0.20, respectively)
 
(5,582
)
 
(5,580
)
Employee stock plans and related tax benefit
 
1,519

 
2,687

Purchase of treasury shares
 
(2,951
)
 
(4,600
)
Share-based compensation expense
 
1,880

 
1,455

Changes due to convertible notes transactions
 

 
(2
)
Impact of change in revenue accounting standard(1)
 

 
(9,584
)
Ending balance
 
$
642,167

 
$
642,329


(1) For further information on the impact of the change in the revenue accounting standard for the three-month fiscal period ended March 30, 2018, refer to Note 2, Accounting Changes, of the Company’s Annual Report on Form 10-K for the year ended December 31, 2018.
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss) are shown below:
 
 
For the Three Months Ended
 
 
March 29, 2019

March 30, 2018
In thousands
 
 
 
 
Foreign currency translation:
 
 
 
 
Beginning balance
 
$
(14,583
)
 
$
(7,056
)
Net (loss) gain on foreign currency translation
 
(2,918
)
 
6,013

Other comprehensive (loss) income, net of tax
 
(2,918
)
 
6,013

Ending balance
 
$
(17,501
)
 
$
(1,043
)
 
 
 
 
 
Pension and other post-retirement benefits(1):
 
 
 
 
Beginning balance
 
$
(120,319
)
 
$
(108,760
)
Amortization of net loss, net of tax expense of $940 and $709, respectively
 
2,936

 
2,217

Other comprehensive income, net of tax
 
2,936

 
2,217

Reclassification of stranded tax effects resulting from Tax Reform to retained earnings(3)
 
(23,094
)
 

Ending balance
 
$
(140,477
)
 
$
(106,543
)
 
 
 
 
 
Derivative instruments(2):
 
 
 
 
Beginning balance
 
$
4

 
$
2

Reclassification to net income, net of tax expense of $0 and $1, respectively
 
1

 
1

Other comprehensive income, net of tax
 
1

 
1

Ending balance
 
$
5

 
$
3

 
 
 
 
 
Total accumulated other comprehensive loss
 
$
(157,973
)
 
$
(107,583
)

(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost.
(See Note 12, Pension Plans for additional information.)
(2) See Note 8, Derivative Financial Instruments, for additional information regarding the Company's derivative instruments.
(3) See Note 2, Recent Accounting Standards, for additional information regarding the reclassification of stranded tax effects resulting from Tax Reform to retained earnings.