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Shareholders' equity (Tables)
 6 Months Ended
Jul. 01, 2018
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
 
Six Months Ended
 
July 1, 2018
 
July 2, 2017
 
July 1, 2018
 
July 2, 2017
 
(Shares in thousands)
Basic
45,581

 
44,996

 
45,455

 
44,945

Dilutive effect of share-based awards
—

 
866

 
1,052

 
843

Dilutive effect of convertible notes and warrants
—

 
956

 
264

 
928

Diluted
45,581

 
46,818

 
46,771

 
46,716
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 six months ended July 1, 2018 and July 2, 2017:
 
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, 2017
$
340

 
$
(138,808
)
 
$
(126,623
)
 
$
(265,091
)
Other comprehensive income (loss) before reclassifications
1,103

 
188

 
(44,517
)
 
(43,226
)
Amounts reclassified from accumulated other comprehensive income
(811
)
 
2,708

 
—

 
1,897

Net current-period other comprehensive income (loss)
292

 
2,896

 
(44,517
)
 
(41,329
)
Balance as of July 1, 2018
$
632

 
$
(135,912
)
 
$
(171,140
)
 
$
(306,420
)
 
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, 2016
$
(2,424
)
 
$
(136,596
)
 
$
(299,697
)
 
$
(438,717
)
Other comprehensive (loss) before reclassifications
2,684

 
(669
)
 
112,667

 
114,682

Amounts reclassified from accumulated other comprehensive loss
2,477

 
2,263

 
—

 
4,740

Net current-period other comprehensive income
5,161

 
1,594

 
112,667

 
119,422

Balance at July 2, 2017
$
2,737

 
$
(135,002
)
 
$
(187,030
)
 
$
(319,295
)
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 six months ended July 1, 2018 and July 2, 2017:
 
Three Months Ended
 
Six Months Ended
 
July 1, 2018
 
July 2, 2017
 
July 1, 2018
 
July 2, 2017
 
(Dollars in thousands)
(Gains) losses on foreign exchange contracts:
 
 
 
 
 
 
 
Cost of goods sold
$
(118
)
 
$
1,303

 
$
(951
)
 
$
2,948

Total before tax
(118
)
 
1,303

 
(951
)
 
2,948

Taxes (benefit)
27

 
(204
)
 
140

 
(471
)
Net of tax
$
(91
)
 
$
1,099

 
$
(811
)
 
$
2,477

 
 
 
 
 
 
 
 
Amortization of pension and other postretirement benefit items(1):
Actuarial losses
$
1,734

 
$
1,727

 
$
3,480

 
$
3,453

Prior-service costs
23

 
30

 
47

 
59

Total before tax
1,757

 
1,757

 
3,527

 
3,512

Tax benefit
(408
)
 
(625
)
 
(819
)
 
(1,249
)
Net of tax
$
1,349

 
$
1,132

 
$
2,708

 
$
2,263

 
 
 
 
 
 
 
 
Total reclassifications, net of tax
$
1,258

 
$
2,231

 
$
1,897

 
$
4,740

(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).