Fair Value Measurements

9 Months Ended

Oct. 02, 2011

Fair Value Measurements [Abstract]

Fair Value Measurements

Note 4 — Fair Value Measurements

The following table reflects assets and liabilities that are measured and carried at fair value on a recurring basis as of October 2, 2011 and December 26, 2010:

(In millions)	Quoted Prices in Active Markets for Identical Asset or Liability (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Carrying Value
October 2, 2011
Financial Assets
Cash equivalents	$	11.0	$	—	$	—	$	11.0
Restricted cash (advertising cooperative assets)		4.3		—		—		4.3
Total assets at fair value	$	15.3	$	—	$	—	$	15.3
Financial Liabilities
Interest rate swap agreement	$	—	$	1.5	$	—	$	1.5
Total liabilities at fair value	$	—	$	1.5	$	—	$	1.5
December 26, 2010
Financial Assets
Cash equivalents	$	15.8	$	—	$	—	$	15.8
Restricted cash (advertising cooperative assets)		4.3		—		—		4.3
Total assets at fair value	$	20.1	$	—	$	—	$	20.1
Financial Liabilities
Interest rate swap agreement	$	—	$	0.1	$	—	$	0.1
Total liabilities at fair value	$	—	$	0.1	$	—	$	0.1

At October 2, 2011 and December 26, 2010, the fair value of the Company’s current assets and current liabilities approximates carrying value because of the short-term nature of these instruments. The Company believes the fair value of its credit facilities approximates its carrying value, as management believes the floating rate interest and other terms are commensurate with the credit and interest rate risks involved.