FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following items were measured at fair value on a recurring basis:

	June 30, 2013
	Level 1			Level 2		Level 3		Total
	(In thousands)
Derivative assets - commodity futures instruments	$	4,506		$	-	$	-	$	4,506
Derivative assets - commodity options instruments		-			2,165		-		2,165
Deferred compensation plan assets		7,668			-		-		7,668
Derivative liabilities - commodity futures instruments		(766	)		-		-		(766	)

	December 30, 2012
	Level 1			Level 2		Level 3		Total
	(In thousands)
Derivative assets - commodity futures instruments	$	1,821		$	-	$	-	$	1,821
Deferred compensation plan assets		7,591			-		-		7,591
Derivative liabilities - commodity futures instruments		(1,530	)		-		-		(1,530	)

Schedule of Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities Recorded in the Condensed Consolidated Balance Sheets

The carrying amounts and estimated fair values of financial assets and liabilities recorded in the Condensed Consolidated Balance Sheets consisted of the following:

	June 30, 2013						December 30, 2012
	Carrying			Fair			Carrying			Fair			Note
	Amount			Value			Amount			Value			Reference
	(In thousands)
Derivative assets - commodity futures instruments	$	4,506		$	4,506		$	1,821		$	1,821		5
Derivative assets - commodity options instruments		2,165			2,165			-			-		5
Deferred compensation plan assets		7,668			7,668			7,591			7,591
Derivative liabilities - commodity futures instruments		(766	)		(766	)		(1,530	)		(1,530	)	5
Long-term debt and other borrowing arrangements		(912,332	)		(961,432	)		(1,164,756	)		(1,208,730	)	8