FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Oct. 03, 2015

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

	Level 2
In thousands	October 3, 2015			January 3, 2015		October 4, 2014
Financial Assets:
Derivatives	$	1,515		$	3,193	$	1,580
Financial Liabilities:
Derivatives	$	(160	)	$	--	$	--

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:						Nine Months Ended		Three Months Ended
In thousands	October 3, 2015		Level 1		Level 2		Level 3		October 3, 2015		October 3, 2015
Property and equipment	$	--	$	--	$	--	$	--	$	4,180	$	--

The following table presents the non-financial assets the Company measured at fair value on a non-recurring basis in 2014, based on such fair value hierarchy:

									Total Losses
	Net Carrying Value as of		Fair Value Measured and Recorded at Reporting Date Using:						Nine Months Ended		Three Months Ended
In thousands	October 4, 2014		Level 1		Level 2		Level 3		October 4, 2014		October 4, 2014
Property and equipment	$	110	$	--	$	--	$	--	$	336	$	--

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

	October 3, 2015				January 3, 2015				October 4, 2014
In thousands	Fair Value		Carrying Value		Fair Value		Carrying Value		Fair Value		Carrying Value
Term Loan credit facility, due April 2021(a)	$	391,178	$	393,368	$	384,786	$	396,158	$	388,776	$	397,106
Revolving credit facility (b)	--		--		6,000		6,000		3,000		3,000

(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.