Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share (Tables)
 3 Months Ended
Mar. 29, 2015
Disclosure of Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share [Abstract]  
Schedule of Employee Service Share-based Compensation
The following table summarizes equity-based compensation expense which was allocated as follows:

 
Three months ended
 
March 29, 2015
 
March 30, 2014
Cost of products sold
$
1,293

 
$
197

Marketing and selling expenses
514

 
271

Administrative expenses
1,544

 
1,603

Research and development expenses
118

 
41

Pre-tax equity-based compensation expense
3,469

 
2,112

Income tax benefit
(1,272
)
 
(698
)
Net equity-based compensation expense
$
2,197

 
$
1,414
Reclassification out of Accumulated Other Comprehensive Income
The following table presents amounts reclassified out of Accumulated Other Comprehensive Loss ("AOCL") and into Net earnings for the three months ended March 29, 2015 and March 30, 2014.

Gain/(Loss)
 
Amounts Reclassified from AOCL
 
 
 
 
Three months ended
 
 
Details about Accumulated Other Comprehensive Earnings Components
 
March 29, 2015
 
March 30, 2014
 
Reclassified from AOCL to:
Gains and losses on financial instrument contracts
 
 
 
 
 
 
Interest rate contracts
 
$
(393
)
 
$
(41
)
 
Interest expense
Foreign exchange contracts
 
703

 
413

 
Cost of products sold
Total pre-tax
 
310

 
372

 
 
Tax expense
 
(227
)
 
(207
)
 
Provision for income taxes
Net of tax
 
83

 
165

 
 
 
 
 
 
 
 
 
Pension actuarial assumption adjustments
 
 
 
 
 
 
Amortization of actuarial loss
 
(275
)
 
(143
)
(a)
Cost of products sold
Tax benefit
 
105

 
55

 
Provision for income taxes
Net of tax
 
(170
)
 
(88
)
 
 
Net reclassifications into net earnings
 
$
(87
)
 
$
77

 
 


(a) This is included in the computation of net periodic pension cost (see Note 10 for additional details).
Schedule of Weighted Average Number of Shares
Basic earnings per common share is computed by dividing net earnings or loss for common shareholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share are calculated by dividing net earnings by weighted-average common shares outstanding during the period plus dilutive potential common shares, which are determined as follows:
 
Three months ended
 
March 29, 2015
 
March 30, 2014
Weighted-average common shares
115,906,031

 
115,592,299

Effect of dilutive securities:
1,130,375


1,094,602

Dilutive potential common shares
117,036,406

 
116,686,901