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Note 9 - Stockholders' Equity
12 Months Ended
Dec. 29, 2013
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

9. 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 2013, 2012 and 2011, the Company made dividend payments totaling $7.6 million, $7.6 million and $3.8 million, respectively.


Accumulated Other Comprehensive Income


The changes in accumulated other comprehensive income by component, net of tax, during 2013 are included in the table below. Amounts in parentheses indicate debits.


   

Foreign

Currency

Translation

Adjustments

   

Unrealized

Gains and

Losses on

Investment

   

Pension

Liability

Adjustments

   

Total

 
   

(In millions of dollars)

 
                                 

Balance at year-end 2012

  $ 24.9     $ 13.6     $ (3.1 )   $ 35.4  
                                 

Other comprehensive income (loss) before reclassifications

    (6.7 )     31.2  (1)      1.4       25.9  
                                 

Amounts reclassified from accumulated other comprehensive income

    (0.1 ) (2)     -       0.2  (3)     0.1  
                                 

Net current-period other comprehensive income

    (6.8 )     31.2       1.6       26.0  
                                 

Balance at year-end 2013

  $ 18.1     $ 44.8     $ (1.5 )   $ 61.4  

(1)

Includes utilization of a $1.1 million income tax valuation allowance relating to the Temp Holdings investment.


(2)

Amount was recorded in the other expense, net line item in the consolidated statement of earnings.


(3)

Amount was recorded in the SG&A expenses line item in the consolidated statement of earnings.