FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jul. 04, 2015

FAIR VALUE MEASUREMENTS

Schedule of financial assets and liabilities of the Company measured at fair value on recurring basis

	Level 2
In thousands	July 4, 2015			January 3, 2015		July 5, 2014
Financial Assets:
Derivatives	$	2,770		$	3,193	$	436
Financial Liabilities:
Derivatives	$	(399	)	$	--	$	(129	)

Schedule of non-financial assets of the Company measured at fair value on non-recurring basis

									Total Losses
	Net Carrying Value as of		Fair Value Measured and Recorded at Reporting Date Using:						Six Months Ended		Three Months Ended
In thousands	July 4, 2015		Level 1		Level 2		Level 3		July 4, 2015		July 4, 2015
Property and equipment	$	--	$	--	$	--	$	--	$	4,180	$	824

									Total Losses
	Net Carrying Value as of		Fair Value Measured and Recorded at Reporting Date Using:						Six Months Ended		Three Months Ended
In thousands	July 5, 2014		Level 1		Level 2		Level 3		July 5, 2014		July 5, 2014
Property and equipment	$	113	$	--	$	--	$	--	$	336	$	336

Schedule of fair values and carrying values of the Company's debt instruments

	July 4, 2015				January 3, 2015				July 5, 2014
In thousands	Fair Value		Carrying Value		Fair Value		Carrying Value		Fair Value		Carrying Value
Term Loan credit facility, due April 2021(a)	$	393,361	$	394,306	$	384,786	$	396,158	$	397,622	$	398,054
Revolving credit facility (b)	--		--		6,000		6,000		2,000		2,000

^(a) Carrying values include unamortized debt discount.

^(b) Borrowings under the revolving credit facility bear interest based on market rate; accordingly its fair value approximates its carrying value.