Net income declined 36% to $37,712,000 from $58,632,000 for the three months ended Dec. 30 on a 14% sales improvement to $742,748,000 from $653,695,000 which included $21.7 million in restructuring charges in 2018 against $11.0 million prior as well as cash flow hedge charges of $21.1 million in 2018 against a gain of $3.7 million prior. There were also losses of $1.7 million and $64,000 in 2018 and 2017, respectively on employee pension obligations. Adjusted net earnings would have been up 32% to $88.9 million against $67.6 million. For the year, comprehensive income was up slightly to $338,922,000 from $335,199,000 ... Log in to view full article.