Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 30, 2014

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Pre-Tax Changes in Fair Value

The following summarizes Q1 2014 and Q1 2013 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification, either as cost of sales or selling, delivery and administrative (“S,D&A”) expenses, of such changes in the consolidated statements of operations.

		First Quarter
In Thousands	Classification of Gain (Loss)	2014		2013
Commodity hedges	Cost of sales	$	781	$	(490	)
Total		$	781	$	(490	)

Summary of Fair Values and Classification in Consolidated Balance Sheets of Derivative Instruments

The following table summarizes the fair values and classification in the consolidated balance sheets of derivative instruments held by the Company:

		Mar. 30,		Dec. 29,		Mar. 31,
In Thousands	Balance Sheet Classification	2014		2013		2013
Commodity hedges at fair market value	Prepaid expenses and other current assets	$	781	$	0	$	10
Unamortized cost of commodity hedging agreements	Prepaid expenses and other current assets		858		0		325
Total		$	1,639	$	0	$	335

Summary of Outstanding Commodity Derivative Agreements

The following table summarizes the Company’s outstanding commodity derivative agreements as of March 30, 2014:

	Notional		Latest
In Millions	Amount		Maturity
Commodity hedging agreements	$	31.6		Dec. 2014