Stockholders' Equity and Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Apr. 04, 2015

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
	April 4,			March 29,
(Thousands of dollars)	2015			2014
Foreign currency translation adjustment	$	(5,958	)	$	(26,775	)
Investments:
Unrealized gain (loss)	736			15
Amounts reclassified from OCL to net earnings	(59		) (1)	511		(1)
Unrealized gain (loss) on investments	677			526
Unrealized gain on cash flow hedges	-			361
Pension cost:
Unrealized gain	299			-
Amounts reclassified from OCL to net earnings	983		(2)	320		(2)
Unrecognized pension cost	1,282			320
Other Comprehensive Loss, Net of Tax	$	(3,999	)	$	(25,568	)

(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

	April 4,	December 31,
(Thousands of dollars)	2015	2014
Cumulative Foreign Currency Translation Adjustment:	$ (199,995)	$ (194,037)
Unrealized Gain on Investments:	2,011	1,334
Unrecognized Pension Cost:	(58,652)	(59,934)
Total Accumulated Other Comprehensive Loss	$ (256,636)	$ (252,637)