Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 28, 2013

Inventories which are net of excess and obsolete inventory

Inventories are stated at the lower of cost (determined on a first-in, first-out basis) or market and include material, labor and factory overhead. Provisions for excess and obsolete inventories are based on our assessment of excess and obsolete inventory on a product-by-product basis. At December 28, 2013 and December 29, 2012, we had a reserve for excess and obsolete inventories of $10,951 and $15,267, respectively. Inventories, which are net of excess and obsolete inventory, consisted of the following at December 28, 2013 and December 29, 2012:

	2013		2012
Raw materials	$	21,093	$	27,275
Work-in-process		2,737		3,710
Finished goods		103,101		110,731
	$	126,931	$	141,716

Property, Plant and Equipment depreciated over the lesser of the lease term or their useful life

Depreciation, which includes amounts amortized under capital leases, is being computed using the straight-line method over the estimated useful lives of the related assets, except for leasehold improvements, which are depreciated over the lesser of the lease term or their useful life, as follows:

Buildings and leasehold improvements	Ten to twenty years
Machinery and equipment	Three to seven years
Office equipment and furniture	Three to five years
Computer equipment and software	Three to five years

Property, plant and equipment

Property, plant and equipment consisted of the following at December 28, 2013 and December 29, 2012:

	2013			2012
Land	$	105		$	105
Building and leasehold improvements		14,471			15,062
Machinery and equipment		55,913			51,640
Office equipment and furniture		4,095			5,280
Computer equipment and software		68,897			57,885
Construction in progress		30,700			16,702
		174,181			146,674
Less accumulated depreciation		(104,896	)		(91,125	)
	$	69,285		$	55,549

Acquired intangible assets

Our Company’s acquired intangible assets were as follows at December 28, 2013 and December 29, 2012:

	December 28, 2013					December 29, 2012
	Gross Carrying Amounts		Accumulated Amortization			Gross Carrying Amounts		Accumulated Amortization
Amortizable intangible assets:
Trademarks and tradenames	$	1,702	$	(1,702	)	$	1,702	$	(1,702	)
Customer relationships		62,514		(45,660	)		62,514		(41,893	)
Patents		60,345		(53,024	)		60,345		(49,130	)
Licensing and other		7,043		(6,365	)		7,043		(6,145	)
Total	$	131,604	$	(106,751	)	$	131,604	$	(98,870	)
Indefinite-lived intangible assets:
Trademarks and licenses	$	244,541				$	233,164

Changes in carrying amount of goodwill

There were no material changes to goodwill during 2012. Changes in the carrying amount of goodwill during the year ended December 28, 2013 and December 29, 2012 are summarized as follows:

	Team Sports			Action Sports		Consolidated
Balance at December 31, 2011	$	146,326		$	62,371	$	208,697
Activity		—			—		—
Balance at December 29, 2012		146,326			62,371		208,697
Write-off of lacrosse		(958	)		—		(958	)
Balance at December 28, 2013	$	145,368		$	62,371	$	207,739

Reconciliation of the changes in product warranty liability

The following is a reconciliation of the changes in our Company’s product warranty liability for 2013 and 2012.

	Year Ended
	2013			2012
Beginning of year	$	2,889		$	2,240
Warranty costs incurred during the period		(6,285	)		(5,610	)
Warranty expense recorded during the period		6,666			6,259
End of year	$	3,270		$	2,889

Estimated fair values of long-term debt

The estimated fair values of our Company’s long-term debt including accrued interest were as follows:

	December 28, 2013				December 29, 2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial liability:
9.750% Senior Secured Notes	$	350,678	$	369,049	$	349,973	$	379,034