XML 43 R23.htm IDEA: XBRL DOCUMENT v3.2.0.727
Fair Value Measurements (Tables)
6 Months Ended
Jun. 28, 2015
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value on recurring basis
The table below presents the balances of assets and liabilities measured at fair value as of June 28, 2015, December 31, 2014, and June 29, 2014 on a recurring basis as well as the fair values of other financial instruments:
(In thousands)
Condensed 
Consolidated
Fair Value
June 28, 2015
 
December 31, 2014
 
June 29, 2014
Balance Sheet Location
Hierarchy Level
Carrying Value
Fair 
Value
 
Carrying Value
Fair 
Value
 
Carrying Value
Fair 
Value
Financial assets (liabilities) measured on a recurring basis:
 
 
 
 
 
 
 
 
 
 
Interest rate swap agreements not designated as cash flow hedges
Current derivative liability
Level 2
(6,895
)
(6,895
)
 
(11,791
)
(11,791
)
 


Interest rate swap agreements not designated as cash flow hedges
Derivative Liability
Level 2


 


 
(18,831
)
(18,831
)
Interest rate swap agreements designated as cash flow hedges
Derivative Liability
Level 2
(18,806
)
(18,806
)
 
(14,649
)
(14,649
)
 
(11,279
)
(11,279
)
Other financial assets (liabilities):
 
 
 
 
 
 
 
 
 
 
Term debt
Long-Term Debt
Level 2
(608,850
)
(610,372
)
 
(608,850
)
(605,806
)
 
(615,825
)
(618,904
)
March 2013 notes
Long-Term Debt
Level 1
(500,000
)
(513,750
)
 
(500,000
)
(501,250
)
 
(500,000
)
(513,750
)
June 2014 notes
Long-Term Debt
(1) 
(450,000
)
(455,625
)
 
(450,000
)
(451,125
)
 
(450,000
)
(455,625
)
(1)
The June 2014 notes were based on Level 1 inputs as of June 28, 2015 and Level 2 inputs as of both December 31, 2014 and June 29, 2014.