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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended 12 Months Ended
Sep. 29, 2012
Dec. 31, 2011
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]    
Summary of fair value liabilities
The hierarchy requires the use of observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. The Company's population of recurring financial assets and liabilities subject to fair value measurements and the necessary disclosures are as follows:
 
            
Significant
    
(Amounts in thousands)
          
Other
  
Significant
 
      
Fair
  
Quoted Prices
  
Observable
  
Unobservable
 
   
Carrying
  
Value
  
in Active Markets
  
Inputs
  
Inputs
 
   
Value *
  
Total
  
(Level 1)
  
(Level 2)
  
(Level 3)
 
As of September 29, 2012
               
Liabilities:
               
Senior Unsecured Notes-9.375%
 $160,000  $160,800  $160,800  $-  $- 
Senior Secured Notes-8.25%
  840,000   876,750   876,750   -   - 
   $1,000,000  $1,037,550  $1,037,550  $-  $- 
                      
As of December 31, 2011
                    
Liabilities:
                    
Senior Subordinated Notes-13.125%
 $150,000  $132,188  $132,188  $-  $- 
Senior Secured Notes-8.25%
  800,000   697,000   697,000   -   - 
   $950,000  $829,188  $829,188  $-  $- 

*Carrying values exclude unamortized discounts for long-term debt.
The hierarchy requires the use of observable market data, when available, and to minimize the use of unobservable inputs when determining fair value.  The Company's population of recurring financial assets and liabilities subject to fair value measurements and the necessary disclosures are as follows:
 
         
Quoted Prices
  
Significant
    
         
in Active Markets
  
Other
  
Significant
 
(Amounts in thousands)
    
Fair
  
for Identical
  
Observable
  
Unobservable
 
   
Carrying
  
Value
  
Assets
  
Inputs
  
Inputs
 
Description
 
Value
  
Total
  
(Level 1)
  
(Level 2)
  
(Level 3)
 
Liabilities:
               
   Senior Subordinated Notes-13.125%
 $150,000  $132,188  $132,188  $-  $- 
   Senior Secured Notes-8.25%
  800,000   697,000   697,000   -   - 
As of December 31, 2011
 $950,000  $829,188  $829,188  $-  $- 
Liabilities:
                    
   Senior Subordinated Notes-13.125%
 $150,000  $159,375  $159,375  $-  $- 
   Senior Secured Notes-11.75%
  725,000   775,750   775,750   -   - 
As of December 31, 2010
 $875,000  $935,125  $935,125  $-  $- 

The fair value of the long-term debt instruments was determined by utilizing available market information.  The carrying value of the Company's other financial instruments approximates their fair value.  Also see Note 5 for fair value disclosures of the pension assets.
 
Components of accumulated other comprehensive (loss) income
The components of accumulated other comprehensive (loss) income are as follows:
 
(amounts in thousands)
Foreign
Minimum
Accumulated
currency
pension
other
translation
liability
comprehensive
adjustments
income
Balance at December 31, 2008
$
(605)
$(4,938)
$
(5,543)
Net current period change
4,709
1,158
5,867
Balance at December 31, 2009
4,104
(3,780)
324
Net current period change
1,639
(740)
899
Balance at December 31, 2010
5,743
(4,520)
1,223
Net current period change
(691)
(6,600)
(7,291)
Balance at December 31, 2011
$
5,052
$
(11,120)
$
(6,068)