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FOREIGN CURRENCY TRANSLATION GAIN
12 Months Ended
Dec. 29, 2012
FOREIGN CURRENCY TRANSLATION GAIN  
FOREIGN CURRENCY TRANSLATION GAIN

NOTE 16      FOREIGN CURRENCY TRANSLATION GAIN

 

In 2001, the Company established a financing structure through which it loaned its French subsidiary €16.6 million.  During the first quarter of 2011, such financing structure was eliminated and, as a result, $7.2 million that had previously been included in other comprehensive income was recognized as a foreign currency translation gain.