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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 25, 2011
Summary of Significant Accounting Policies  
Components of inventories

 

 
  June 25,
2011
  December 25,
2010
 

Raw materials and purchased parts

  $ 187,897   $ 133,380  

Work-in-process

    33,529     25,891  

Finished goods and manufactured goods

    199,155     163,511  
           

Subtotal

    420,581     322,782  

LIFO reserve

    54,396     42,559  
           

Net inventory

  $ 366,185   $ 280,223  
           
Compensation expense (included in selling, general and administrative expenses) and associated income tax benefits related to stock option

 

 
  Thirteen Weeks
Ended
June 25, 2011
  Thirteen Weeks
Ended
June 26, 2010
  Twenty-six Weeks
Ended
June 25, 2011
  Twenty-six Weeks
Ended
June 26, 2010
 

Compensation expense

  $ 1,215   $ 1,229   $ 2,467   $ 2,457  

Income tax benefits

    468     467     950     934  
Valuation methodologies used for assets and liabilities measured at fair value

 

 
   
  Fair Value Measurement Using:  
 
  Carrying Value
June 25,
2011
  Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
  Significant Other
Observable
Inputs
(Level 2)
  Significant
Unobservable
Inputs
(Level 3)
 

Assets:

                         
 

Trading Securities

  $ 19,361   $ 19,361   $   $  


 

 
   
  Fair Value Measurement Using:  
 
  Carrying Value
December 25,
2010
  Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
  Significant Other
Observable
Inputs
(Level 2)
  Significant
Unobservable
Inputs
(Level 3)
 

Assets:

                         
 

Trading Securities

  $ 18,433   $ 18,433   $   $  
Components of accumulated other comprehensive income (loss)

 

 
  June 25, 2011   December 25, 2010  

Foreign currency translation adjustment

  $ 64,810   $ 34,693  

Actuarial gain in defined benefit pension plan

    30,017     28,952  

Loss on cash flow hedge

    (3,568 )    
           

 

  $ 91,259   $ 63,645