Note 10 - Stockholders' Equity

12 Months Ended

Dec. 30, 2012

Stockholders' Equity Note Disclosure [Text Block]

10. Stockholders’ Equity

Common Stock

The authorized capital stock of the Company is 100,000,000 shares of Class A common stock and 10,000,000 shares of Class B common stock.  Class A shares have no voting rights and are not convertible.  Class B shares have voting rights and are convertible by the holder into Class A shares on a share-for-share basis at any time.  Both classes of stock have identical rights in the event of liquidation.

Class A shares and Class B shares are both entitled to receive dividends, subject to the limitation that no cash dividend on the Class B shares may be declared unless the Board of Directors declares an equal or larger cash dividend on the Class A shares.  As a result, a cash dividend may be declared on the Class A shares without declaring a cash dividend on the Class B shares.

During 2012 and 2011, the Company made dividend payments totaling $7.6 million and $3.8 million, respectively.  The Company made no dividend payments in 2010.

Accumulated Other Comprehensive Income

The components of accumulated other comprehensive income at year-end 2012 and 2011 were as follows:

	2012			2011
	(in millions of dollars)
Cumulative translation adjustments, net of taxes	$	24.9		$	19.3
Unrealized gain on marketable securities		13.6			0.5
Pension liability, net of taxes		(3.1	)		(3.6	)
	$	35.4		$	16.2