Shareholders' Investment

6 Months Ended

Jul. 01, 2012

Shareholders' Investment [Abstract]

SHAREHOLDERS' INVESTMENT

12. SHAREHOLDERS’ INVESTMENT

The following table presents the change in total shareholders’ investment for the six months ended July 1, 2012 and June 30, 2011:

(In thousands)	Total Michael Baker Corporation Shareholders’ Investment			Non- controlling Interests			Total
Balance, December 31, 2011	$	219,912		$	717		$	220,629
Net income		4,144			406			4,550
Stock options exercised		60			—			60
Options granted		199			—			199
Employee Stock Purchase Plan		572			—			572
Amortization of restricted stock		920			—			920
Treasury share purchases		(272	)		—			(272	)
Profit distribution		—			(375	)		(375	)
Other comprehensive income, net of tax:
Unrealized gain on investment, net of reclassification adjustments		47			—			47
Foreign currency translation adjustments		43			—			43
Balance, July 1, 2012	$	225,625		$	748		$	226,373

(In thousands)	Total Michael Baker Corporation Shareholders’ Investment			Non- controlling Interests			Total
Balance, December 31, 2010	$	195,815		$	722		$	196,537
Net income		5,686			635			6,321
Stock options exercised		40			—			40
Options granted		208			—			208
Employee Stock Purchase Plan		582			—			582
Stock appreciation rights		88			—			88
Amortization of restricted stock		1,101			—			1,101
Treasury share purchases		(86	)		—			(86	)
Profit distribution		—			(387	)		(387	)
Other comprehensive income, net of tax:
Unrealized gain on investments, net of reclassification adjustments		19			—			19
Balance, June 30, 2011	$	203,453		$	970		$	204,423