Stockholders' Equity Stockholders' Equity (Tables)

9 Months Ended

Sep. 29, 2015

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stockholders' Equity Note Disclosure [Text Block]

Share Repurchase Authorization

On June 5, 2014, the Company's Board of Directors approved a three year share repurchase authorization of up to $600 million of the Company's Class A common stock (the "2014 repurchase authorization"), pursuant to which the Company may repurchase shares from time to time on the open market or in privately negotiated transactions and which may be made under a Rule 10b5-1 plan. Repurchased shares may be retired immediately and resume the status of authorized but unissued shares or may be held by the Company as treasury stock. The 2014 repurchase authorization may be modified, suspended or discontinued by the Company's Board of Directors at any time. On April 15, 2015, the Company's Board of Directors approved an increase of the 2014 repurchase authorization to $750 million.

During the thirty-nine weeks ended September 29, 2015, the Company repurchased 1,518,668 shares under the 2014 repurchase authorization, at an average price of $181.05 per share, for an aggregate purchase price of approximately $275.0 million. As of September 29, 2015, the Company has repurchased a total of 1,946,189 shares of its Class A common stock under this repurchase program, at a weighted-average price of $175.50 per share, for an aggregate purchase price of approximately $341.6 million. There was approximately $408.4 million available under the 2014 repurchase authorization as of September 29, 2015.

Accumulated Other Comprehensive Income (Loss)

The following table summarizes changes in accumulated other comprehensive income (loss), net of tax, for the thirteen weeks ended September 29, 2015 and September 30, 2014 (in thousands):

	Foreign Currency Translation Adjustment			Cash Flow Hedging Instruments			Total
September 29, 2015:
Net gains (losses), beginning of period	$	(2,063	)	$	—		$	(2,063	)
Net gains (losses) recognized before reclassification	(963		)	(2,967		)	(3,930		)
Net gains (losses) reclassified to earnings	—			—			—
Other comprehensive income (loss), net of tax	(963		)	(2,967		)	(3,930		)
Net gains (losses), end of period	$	(3,026	)	$	(2,967	)	$	(5,993	)
September 30, 2014:
Net gains (losses), beginning of period	$	(277	)	$	—		$	(277	)
Net gains (losses) recognized before reclassification	(570		)	—			(570		)
Net gains (losses) reclassified to earnings	—			—			—
Other comprehensive income (loss), net of tax	(570		)	—			(570		)
Net gains (losses), end of period	$	(847	)	$	—		$	(847	)

The following table summarizes changes in accumulated other comprehensive income (loss), net of tax, for the thirty-nine weeks ended September 29, 2015 and September 30, 2014 (in thousands):

	Foreign Currency Translation Adjustment			Cash Flow Hedging Instruments			Total
September 29, 2015:
Net gains (losses), beginning of period	$	(1,360	)	$	—		$	(1,360	)
Net gains (losses) recognized before reclassification	(1,666		)	(2,967		)	(4,633		)
Net gains (losses) reclassified to earnings	—			—			—
Other comprehensive income (loss), net of tax	(1,666		)	(2,967		)	(4,633		)
Net gains (losses), end of period	$	(3,026	)	$	(2,967	)	$	(5,993	)
September 30, 2014:
Net gains (losses), beginning of period	$	(333	)	$	—		$	(333	)
Net gains (losses) recognized before reclassification	(514		)	—			(514		)
Net gains (losses) reclassified to earnings	—			—			—
Other comprehensive income (loss), net of tax	(514		)	—			(514		)
Net gains (losses), end of period	$	(847	)	$	—		$	(847	)

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	Foreign Currency Translation Adjustment			Cash Flow Hedging Instruments			Total
September 29, 2015:
Net gains (losses), beginning of period	$	(1,360	)	$	—		$	(1,360	)
Net gains (losses) recognized before reclassification	(1,666		)	(2,967		)	(4,633		)
Net gains (losses) reclassified to earnings	—			—			—
Other comprehensive income (loss), net of tax	(1,666		)	(2,967		)	(4,633		)
Net gains (losses), end of period	$	(3,026	)	$	(2,967	)	$	(5,993	)
September 30, 2014:
Net gains (losses), beginning of period	$	(333	)	$	—		$	(333	)
Net gains (losses) recognized before reclassification	(514		)	—			(514		)
Net gains (losses) reclassified to earnings	—			—			—
Other comprehensive income (loss), net of tax	(514		)	—			(514		)
Net gains (losses), end of period	$	(847	)	$	—		$	(847	)

	Foreign Currency Translation Adjustment			Cash Flow Hedging Instruments			Total
September 29, 2015:
Net gains (losses), beginning of period	$	(2,063	)	$	—		$	(2,063	)
Net gains (losses) recognized before reclassification	(963		)	(2,967		)	(3,930		)
Net gains (losses) reclassified to earnings	—			—			—
Other comprehensive income (loss), net of tax	(963		)	(2,967		)	(3,930		)
Net gains (losses), end of period	$	(3,026	)	$	(2,967	)	$	(5,993	)
September 30, 2014:
Net gains (losses), beginning of period	$	(277	)	$	—		$	(277	)
Net gains (losses) recognized before reclassification	(570		)	—			(570		)
Net gains (losses) reclassified to earnings	—			—			—
Other comprehensive income (loss), net of tax	(570		)	—			(570		)
Net gains (losses), end of period	$	(847	)	$	—		$	(847	)