XML 50 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Hedging Activities
3 Months Ended
Mar. 29, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Hedging Activities
Hedging Activities

The following table represents the fair value of our net investment hedge included within the condensed consolidated balance sheets:
 
 
Fair Value
(in thousands)

Derivatives Designated
Balance Sheet Classification
March 29, 2014
 
December 28, 2013
 
 
 
 
 
Net investment hedge
 Short-term liabilities
$
15,452

 
$
15,304

Net investment hedge
 Long-term liabilities
15,452

 
15,304

 
 
 
 
 
Total net investment hedge
 
$
30,904

 
$
30,608



The following table represents the related unrealized gain or loss, net of related income tax effects, on the net investment hedge recognized in comprehensive income:
(In thousands)
 
Net Unrealized Gain (Loss)
For the Three Months Ended
Derivatives Designated
Balance Sheet Classification
2014
 
2013
 
 
 
 
 
Net investment hedge
 Short-term liabilities
$
(91
)
 
$
532

Net investment hedge
 Long-term liabilities
(91
)
 
1,063

 
 
 
 
 
Total net investment hedge
 
$
(182
)
 
$
1,595