Financial Instruments (Tables)

3 Months Ended

Mar. 29, 2014

Notes To Financial Statements [Abstract]

Foreign Exchange Transaction

The fair value of the forward contracts was a loss of $0.1 million at the end of the first quarter of 2014.

Sell		Purchase		Maturity
10,000,000	British Pounds	12,072,046	Euro Dollars	June 27, 2014
7,600,000	British Pounds	9,179,853	Euro Dollars	June 27, 2014
5,000,000	British Pounds	5,966,801	Euro Dollars	June 27, 2014
5,500,000	Euro Dollars	7,570,750	US Dollars	June 27, 2014
10,000,000	Euro Dollars	13,826,000	US Dollars	June 27, 2014
164,203	Euro Dollars	214,055	US Dollars	March 31, 2014
210,000	Euro Dollars	318,182	Australian Dollars	March 31, 2014
92,000	US Dollars	105,383	Australian Dollars	April 30, 2014
369,469	Euro Dollars	481,750	US Dollars	April 30, 2014
237,900	Euro Dollars	205,593	British Pounds	April 30, 2014
157,367	Euro Dollars	205,254	US Dollars	May 31, 2014

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following tables summarize the company’s fair value of interest rate swaps (in thousands):

	Condensed Consolidated Balance Sheet Presentation	Mar 29, 2014			Dec 28, 2013
Fair value	Other non-current liabilities	$	(1,000	)	$	(1,471	)

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The impact on earnings from interest rate swaps was as follows (in thousands):

		Three Months Ended
	Presentation of Gain/(loss)	Mar 29, 2014			Mar 30, 2013
Gain/(loss) recognized in accumulated other comprehensive income	Other comprehensive income	$	(103	)	$	(901	)
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	Interest expense	$	(543	)	$	(391	)
Gain/(loss) recognized in income (ineffective portion)	Other expense	$	31		$	(5	)