Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 27, 2014

Accounting Policies [Abstract]

Summary of Income Tax Examinations

A summary of the tax years that remain subject to examination in the company’s major tax jurisdictions are: 

United States - federal	2012 – 2013
United States - states	2004 – 2013
Australia	2011 – 2013
Brazil	2010 – 2013
Canada	2009 – 2013
China	2004 – 2013
Czech Republic	2013
Denmark	2011 – 2013
France	2011 – 2013
Germany	2011 – 2013
India	2013
Italy	2009 – 2013
Luxembourg	2011 – 2013
Mexico	2009 – 2013
Philippines	2011 – 2013
South Korea	2009 – 2011
Spain	2009 – 2013
Taiwan	2008 – 2012
United Kingdom	2010 – 2013

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The company’s financial assets and liabilities that are measured at fair value and are categorized using the fair value hierarchy are as follows (in thousands):

	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3		Total
As of September 27, 2014
Financial Assets:
Pension plans	$	27,972	$	885	$	—	$	28,857
Financial Liabilities:
Interest rate swaps	$	—	$	578	$	—	$	578
Contingent consideration	$	—	$	—	$	17,243	$	17,243
As of December 28, 2013
Financial Assets:
Pension plans	$	27,875	$	621	$	—	$	28,496
Financial Liabilities:
Interest rate swaps	$	—	$	1,471	$	—	$	1,471
Contingent consideration	$	—	$	—	$	10,063	$	10,063