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Shareholders' equity (Tables)
 9 Months Ended
Oct. 01, 2017
Equity [Abstract]  
Reconciliation of Basic to Diluted Weighted Average Common Shares Outstanding
The following table provides a reconciliation of basic to diluted weighted average number of common shares outstanding:
 
Three Months Ended
 
Nine Months Ended
 
October 1, 2017
 
September 25, 2016
 
October 1, 2017
 
September 25, 2016
 
(Shares in thousands)
Basic
45,035

 
44,045

 
44,975

 
43,081

Dilutive effect of share-based awards
934

 
639

 
873

 
574

Dilutive effect of 3.875% Convertible Notes and warrants (1)
618

 
2,762

 
825

 
4,169

Diluted
46,587

 
47,446

 
46,673

 
47,824


(1)
The reduction in the dilutive effect of the Convertible Notes and warrants during the three and nine months ended October 1, 2017 as compared to three and nine months ended September 25, 2016 is due principally to the Company’s repurchase of Convertible Notes and conversions by holders of the Convertible Notes.
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 October 1, 2017 and September 25, 2016:
 
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, 2016
$
(2,424
)
 
$
(136,596
)
 
$
(299,697
)
 
$
(438,717
)
Other comprehensive income (loss) before reclassifications
3,383

 
(1,050
)
 
156,012

 
158,345

Amounts reclassified from accumulated other comprehensive income
1,535

 
3,387

 
—

 
4,922

Net current-period other comprehensive income
4,918

 
2,337

 
156,012

 
163,267

Balance as of October 1, 2017
$
2,494

 
$
(134,259
)
 
$
(143,685
)
 
$
(275,450
)
 
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, 2015
$
(2,491
)
 
$
(138,887
)
 
$
(229,746
)
 
$
(371,124
)
Other comprehensive (loss) before reclassifications
(2,255
)
 
618

 
11,131

 
9,494

Amounts reclassified from accumulated other comprehensive loss
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 at September 25, 2016
$
(1,730
)
 
$
(134,973
)
 
$
(219,447
)
 
$
(356,150
)
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 October 1, 2017 and September 25, 2016:
 
Three Months Ended
 
Nine Months Ended
 
October 1, 2017
 
September 25, 2016
 
October 1, 2017
 
September 25, 2016
 
(Dollars in thousands)
(Gains) losses on foreign exchange contracts:
 
 
 
 
 
 
 
Cost of goods sold
$
(1,179
)
 
$
535

 
$
1,769

 
$
3,907

Total before tax
(1,179
)
 
535

 
1,769

 
3,907

Taxes (benefit)
237

 
(187
)
 
(234
)
 
(891
)
Net of tax
$
(942
)
 
$
348

 
$
1,535

 
$
3,016

Amortization of pension and other postretirement benefit items:
Actuarial losses (1)
$
1,723

 
$
1,829

 
$
5,176

 
$
5,071

Prior-service costs(1)
20

 
15

 
79

 
43

Total before tax
1,743

 
1,844

 
5,255

 
5,114

Tax benefit
(619
)
 
(657
)
 
(1,868
)
 
(1,818
)
Net of tax
$
1,124

 
$
1,187

 
$
3,387

 
$
3,296

 
 
 
 
 
 
 
 
Total reclassifications, net of tax
$
182

 
$
1,535

 
$
4,922

 
$
6,312

(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).