SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 29, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Components of inventories

	June 29, 2013		December 29, 2012
Raw materials and purchased parts	$	182,907	$	199,808
Work-in-process		39,385		36,114
Finished goods and manufactured goods		233,584		222,284
Subtotal		455,876		458,206
Less: LIFO reserve		42,468		45,822
	$	413,408	$	412,384

Earnings before income taxes and equity in earnings of nonconsolidated subsidiaries

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	2013		2012		2013		2012
United States	$	98,684	$	68,132	$	187,421	$	130,827
Foreign		39,531		21,732		63,703		37,703
	$	138,215	$	89,864	$	251,124	$	168,530

Schedule of components of the net periodic pension expense

	2013			2012
Net periodic benefit expense:
Interest cost	$	13,058		$	11,594
Expected return on plan assets		(9,813	)		(9,544	)
Net periodic benefit expense	$	3,245		$	2,050

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

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	2013		2012		2013		2012
Compensation expense	$	1,314	$	1,245	$	2,627	$	2,490
Income tax benefits		505		479		1,011		959

Schedule of Trading Securities measured at fair value

			Fair Value Measurement Using:
	Carrying Value June 29, 2013		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Trading Securities	$	24,562	$	24,562	$	—	$	—

			Fair Value Measurement Using:
	Carrying Value December 29, 2012		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Trading Securities	$	20,087	$	20,087	$	—	$	—

Components of accumulated other comprehensive income (loss)

	Foreign Currency Translation Adjustments			Unrealized Loss on Cash Flow Hedge			Defined Benefit Pension Plan			Accumulated Other Comprehensive Income
Balance at December 29, 2012	$	30,576		$	(2,935	)	$	16,297		$	43,938
Current-period comprehensive income (loss)		(62,263	)		200			(894	)		(62,957	)
Balance at June 29, 2013	$	(31,687	)	$	(2,735	)	$	15,403		$	(19,019	)