Stockholders' Equity and Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 27, 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							Nine Months Ended
	September 27,			September 28,				September 27,			September 28,
(Thousands of dollars)	2014			2013				2014			2013
Foreign currency translation adjustment	$   (3,120	)			$   (14,067	)		$   (32,685	)			$   (26,888	)
Investments:
Unrealized gain (loss)	274				376			842				(933	)
Amounts reclassified from OCL to net earnings	(379	)	(1)		(149	)	(1)	77		(1)		(548	)	(1)
Unrealized gain (loss) on investments	(105	)			227			919				(1,481	)
Unrealized gain on cash flow hedges	149				-			235				-
Pension cost:
Unrealized gain	-				-			-				1,310
Amounts reclassified from OCL to net earnings	320		(2)		1,192		(2)	960		(2)		3,619		(2)
Unrecognized pension cost	320				1,192			960				4,929
Other Comprehensive Loss, Net of Tax	$   (2,756	)			$   (12,648	)		$   (30,571	)			$   (23,440	)

(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

	September 27,		December 31,
(Thousands of dollars)	2014		2013
Cumulative Foreign Currency Translation Adjustment:	$  (188,098	)	$  (155,413	)
Unrealized Gain on Investments:	1,400		481
Unrealized Gain (Loss) on Cash Flow Hedges:	122		(113	)
Unrecognized Pension Cost:	(25,792	)	(26,752	)
Total Accumulated Other Comprehensive Loss	$  (212,368	)	$  (181,797	)