Stockholders' Equity and Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 28, 2014

Stockholders' Equity and Accumulated Other Comprehensive Loss

Schedule of changes in the components of other comprehensive loss (OCL), net of related taxes

	Three Months Ended								Six Months Ended
	June 28,				June 29,				June 28,				June 29,
(Thousands of dollars)	2014				2013				2014				2013
Foreign currency translation adjustment	$	(2,790	)		$	(6,699	)		$	(29,565	)		$	(12,821	)
Investments:
Unrealized gain (loss)	553				(1,948		)		568				(1,309		)
Amounts reclassified from OCL to net earnings	(55		)	(1)	(189		)	(1)	456			(1)	(399		)	(1)
Unrealized gain (loss) on investments	498				(2,137		)		1,024				(1,708		)
Unrealized gain (loss) on cash flow hedges	(275		)		-				86				-
Pension cost:
Unrealized gain	-				1,310				-				1,310
Amounts reclassified from OCL to net earnings	320			(2)	1,235			(2)	640			(2)	2,427			(2)
Unrecognized pension cost	320				2,545				640				3,737
Other Comprehensive Loss, Net of Tax	$	(2,247	)		$	(6,291	)		$	(27,815	)		$	(10,792	)

(1) This represents realized gains on the sale of available-for-sale securities and was recorded in other investment income (loss), net.

(2) This primarily represents the amortization of actuarial losses that were included in net periodic pension cost and was recorded in operating income.  See Note 6 for further discussion.

Schedule of components of accumulated other comprehensive loss, net of related taxes

	June 28,			December 31,
(Thousands of dollars)	2014			2013
Cumulative Foreign Currency Translation Adjustment:	$	(184,978	)	$	(155,413	)
Unrealized Gain on Investments:	1,505			481
Unrealized Loss on Cash Flow Hedges:	(27		)	(113		)
Unrecognized Pension Cost:	(26,112		)	(26,752		)
Total Accumulated Other Comprehensive Loss	$	(209,612	)	$	(181,797	)