STOCKHOLDERS' DEFICIT

3 Months Ended

Mar. 30, 2013

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT

4.    STOCKHOLDERS’ DEFICIT

Activity for the three months ended March 30, 2013 in the Capital in excess of par value, Retained earnings and Common stock in treasury, at cost accounts was as follows:

In thousands	Capital in Excess of Par Value				Retained Earnings			Common Stock in Treasury, at Cost
Balance as of December 29, 2012		$	147,018		$	1,071,551			$	(1,511,862	)
Net loss		--			(52,174		)		--
Exercise of stock options		--			(1,390		)		1,785
Restricted shares issued, net of cancellations and shares withheld for taxes		--			(2,785		)		2,028
Share-based compensation		2,080			--				--
Exchange of Convertible Senior Notes, net		(652		)	(65,162		)		77,092
Balance as of March 30, 2013		$	148,446		$	950,040			$	(1,430,957	)

Activity for the three months ended March 31, 2012 in the Capital in excess of par value, Retained earnings and Common stock in treasury, at cost accounts was as follows:

In thousands	Capital in Excess of Par Value				Retained Earnings			Common Stock in Treasury, at Cost
Balance as of December 31, 2011		$	302,330		$	1,246,063			$	(1,827,892	)
Net loss		--			(60,640		)		--
Exercise of stock options		(10,291		)	--				15,764
Restricted shares issued, net of cancellations and shares withheld for taxes		(3,857		)	--				2,639
Share-based compensation		3,452			--				--
Dividend equivalent units vested		--			(1		)		1
Balance as of March 31, 2012		$	291,634		$	1,185,422			$	(1,809,488	)

Accumulated other comprehensive (loss) income consisted of the following:

In thousands	March 30, 2013				December 29, 2012				March 31, 2012
Cumulative translation adjustment, net of income taxes of $0		$	(14,619	)		$	(10,074	)		$	(6,049	)
Unrealized gains on cash flow hedging derivatives, net of income taxes of $(288), $0 and $0, respectively	471				--				--
Unrealized gains on available-for-sale securities, net of income taxes of $0		--				--				141
Accumulated other comprehensive loss, net of income taxes		$	(14,148	)		$	(10,074	)		$	(5,908	)

The following table presents the change in each component of Accumulated other comprehensive (loss) income, net of income taxes for the three months ended March 30, 2013:

In thousands	Cumulative Translation Adjustment				Unrealized Gains on Cash Flow Hedging Derivatives
Balance as of December 29, 2012		$	(10,074	)		$	--
Other comprehensive (loss) income before reclassification			(4,545	)			377
Amounts reclassified from accumulated other comprehensive income			--				94
Net current-period other comprehensive (loss) income			(4,545	)			471
Balance as of March 30, 2013		$	(14,619	)		$	471