Derivative Financial Instruments (Tables)

11 Months Ended

Oct. 02, 2015

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Fair Values of Derivative Instruments In Consolidated Balance Sheet

Fair values of derivative instruments in the Consolidated Balance Sheet at the end of fiscal 2015 and 2014 consisted of:

In Thousands		Fair Value
	Classification	2015		2014
Foreign Currency Forward Exchange Contracts:
	Other current assets	$	1,527	$	1,052
	Other assets		48		53
	Accrued liabilities		20,688		15,490
	Other liabilities		6,296		3,290
Embedded Derivative Instruments:
	Other current assets	$	2,913	$	296
	Other assets		1,079		2,055
	Accrued liabilities		351		15
	Other liabilities		29		-

Effect of Derivative Instruments on Consolidated Statement of Operations

The effect of derivative instruments on the Consolidated Statement of Operations for fiscal 2015 and 2014 consisted of:

Fair Value Hedges

We recognized the following gains (losses) on contracts designated as fair value hedges:

In Thousands	2015		2014
Embedded derivatives:
Gain (loss) recognized in sales	$	1,433	$	2,011

Cash Flow Hedges

We recognized the following gains (losses) on contracts designated as cash flow hedges:

In Thousands	2015			2014
Foreign currency forward exchange contracts:
Gain (loss) recognized in AOCI (effective portion)	$	15,484		$	(6,245	)
Gain (loss) reclassified from AOCI into sales		(24,246	)		(6,083	)

Net Investment Hedges

We recognized the following gains (losses) on contracts designated as net investment hedges:

In Thousands	2015			2014
Euro term loan:
Gain (loss) recognized in AOCI	$	-		$	134
2023 Notes and Accrued Interest:
Gain (loss) recognized in AOCI	$	(13,596	)	$	-