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Changes in shareholders' equity (Tables)
9 Months Ended
Sep. 25, 2016
Equity [Abstract]  
Reconciliation of Basic to Diluted Weighted Average Common Shares Outstanding
The following table provides a reconciliation of basic to diluted weighted average shares outstanding:
 
Three Months Ended
 
Nine Months Ended
 
September 25, 2016
 
September 27, 2015
 
September 25, 2016
 
September 27, 2015
 
(Shares in thousands)
Basic
44,045

 
41,597

 
43,081

 
41,542

Dilutive effect of share-based awards
639

 
511

 
574

 
483

Dilutive effect of 3.875% Convertible Notes and warrants
2,762

 
6,424

 
4,169

 
5,944

Diluted
47,446

 
48,532

 
47,824

 
47,969

Change in Accumulated Other Comprehensive Income (Loss)
The following tables provide information relating to the changes in accumulated other comprehensive loss, net of tax, for the nine months ended September 25, 2016 and September 27, 2015:
 
 
Cash Flow Hedges
 
Pension and Other Postretirement Benefit Plans
 
Foreign Currency Translation Adjustment
 
Accumulated Other Comprehensive (Loss) Income
 
(Dollars in thousands)
Balance as of December 31, 2015
$
(2,491
)
 
$
(138,887
)
 
$
(229,746
)
 
$
(371,124
)
Other comprehensive income (loss) before reclassifications
(2,255
)
 
618

 
11,131

 
9,494

Amounts reclassified from accumulated other comprehensive income
3,016

 
3,296

 

 
6,312

Net current-period other comprehensive income
761

 
3,914

 
11,131

 
15,806

Reclassification related to acquisition of noncontrolling interest

 

 
(832
)
 
(832
)
Balance as of September 25, 2016
$
(1,730
)
 
$
(134,973
)
 
$
(219,447
)
 
$
(356,150
)

 
Cash Flow Hedges
 
Pension and Other Postretirement Benefit Plans
 
Foreign Currency Translation Adjustment
 
Accumulated Other Comprehensive (Loss) Income
 
(Dollars in thousands)
Balance at December 31, 2014
$

 
$
(141,744
)
 
$
(119,151
)
 
$
(260,895
)
Other comprehensive (loss) before reclassifications
(2,599
)
 
465

 
(91,137
)
 
(93,271
)
Amounts reclassified from accumulated other comprehensive loss
1,110

 
3,157

 

 
4,267

Net current-period other comprehensive (loss) income
(1,489
)
 
3,622

 
(91,137
)
 
(89,004
)
Balance at September 27, 2015
$
(1,489
)
 
$
(138,122
)
 
$
(210,288
)
 
$
(349,899
)
Reclassification of Gain/Losses into Income/Expense, Net of Tax
The following table provides information relating to the location in the statements of operations and amount of reclassifications of losses/(gains) in accumulated other comprehensive (loss) income into expense/(income), net of tax, for the three and nine months ended September 25, 2016 and September 27, 2015:
 
 
Three Months Ended
 
Nine Months Ended
 
September 25, 2016
 
September 27, 2015
 
September 25, 2016
 
September 27, 2015
 
(Dollars in thousands)
Losses on foreign exchange contracts:
 
 
 
 
 
 
 
Cost of goods sold
$
535

 
$
1,168

 
$
3,907

 
$
1,431

Total before tax
535

 
1,168

 
3,907

 
1,431

Tax benefit
(187
)
 
(221
)
 
(891
)
 
(321
)
Net of tax
$
348

 
$
947

 
$
3,016

 
$
1,110

Amortization of pension and other postretirement benefit items:
 
 
 
 
 
 
 
Actuarial losses (1)
$
1,829

 
$
1,571

 
$
5,071

 
$
4,782

Prior-service costs(1)
15

 

 
43

 

Total before tax
1,844

 
1,571

 
5,114

 
4,782

Tax benefit
(657
)
 
(551
)
 
(1,818
)
 
(1,625
)
Net of tax
$
1,187

 
$
1,020

 
$
3,296

 
$
3,157

 
 
 
 
 
 
 
 
Total reclassifications, net of tax
$
1,535

 
$
1,967

 
$
6,312

 
$
4,267


(1)
These accumulated other comprehensive (loss) income components are included in the computation of net benefit expense for pension and other postretirement benefit plans (see Note 12 for additional information).