Financial Instruments (Tables)

6 Months Ended

Jun. 28, 2014

Notes To Financial Statements [Abstract]

Foreign Exchange Transaction

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

Sell		Purchase		Maturity
10,000,000	British Pounds	12,490,632	Euro Dollars	September 26, 2014
7,600,000	British Pounds	9,490,509	Euro Dollars	September 26, 2014
5,000,000	British Pounds	6,223,860	Euro Dollars	September 26, 2014
5,500,000	Euro Dollars	7,487,150	US Dollars	September 26, 2014
10,000,000	Euro Dollars	13,612,000	US Dollars	September 26, 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	Jun 28, 2014			Dec 28, 2013
Fair value	Other non-current liabilities	$	(1,484	)	$	(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						Six Months Ended
	Presentation of Gain/(loss)	Jun 28, 2014			Jun 29, 2013			Jun 28, 2014			Jun 29, 2013
Gain/(loss) recognized in accumulated other comprehensive income	Other comprehensive income	$	(1,008	)	$	1,509		$	(1,111	)	$	608
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	Interest expense	$	(572	)	$	(521	)	$	(1,115	)	$	(912	)
Gain/(loss) recognized in income (ineffective portion)	Other expense	$	(48	)	$	39		$	(17	)	$	34