XML 60 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Value Measurements
3 Months Ended
Mar. 30, 2013
Fair Value Disclosures [Abstract]  
Fair Value Disclosures [Text Block]
FAIR VALUE MEASUREMENTS
We have classified assets and liabilities required to be measured at fair value into the fair value hierarchy as set forth below:
Level 1     –     quoted prices in active markets for identical assets and liabilities.
Level 2     –     observable inputs other than quoted prices for identical assets and liabilities.
Level 3     –     unobservable inputs in which there is little or no market data available, which requires us to develop our own
assumptions.
We measure derivative instruments at fair value using Level 2 inputs. See Note 12 for additional information about our derivative instruments. The fair value of our outstanding debt is measured using Level 2 inputs and is disclosed in Note 9 to the condensed consolidated financial statements. There were no changes among the levels during the first quarter of 2013.
The carrying amount of cash equivalents, receivables and accounts payable approximates fair value due to their short-term nature.