FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 27, 2013

Assets And Liabilities Measured At Fair Value On A Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are categorized in the tables below based upon the lowest level of significant input to the valuations.

	Fair Values as of the Third Quarter of Fiscal 2013								Fair Values as of Fiscal Year End 2012
(Dollars in thousands)	Level I		Level II		Level III		Total		Level I		Level II		Level III		Total
Assets
Money market funds(1)	$	2	$	—	$	—	$	2	$	2	$	—	$	—	$	2
Deferred compensation plan assets (2)	15,746		—		—		15,746		12,875		—		—		12,875
Derivative assets (3)	—		750		—		750		—		343		—		343
Total	$	15,748	$	750	$	—	$	16,498	$	12,877	$	343	$	—	$	13,220
Liabilities
Deferred compensation plan liabilities (2)	$	15,746	$	—	$	—	$	15,746	$	12,875	$	—	$	—	$	12,875
Derivative liabilities (3)	—		1,315		—		1,315		—		420		—		420
Contingent consideration liabilities (4)	—		—		899		899		—		—		2,235		2,235
Total	$	15,746	$	1,315	$	899	$	17,960	$	12,875	$	420	$	2,235	$	15,530

(1) The money market funds are highly liquid investments. The fair values are determined using observable quoted prices in active markets. Money market funds are included in Cash and cash equivalents on the Company’s Condensed Consolidated Balance Sheets.

(2) The Company maintains a self-directed, non-qualified deferred compensation plan for certain executives and other highly compensated employees. The plan assets and liabilities are invested in actively traded mutual funds and individual stocks valued using observable quoted prices in active markets. Deferred compensation plan assets and liabilities are included in Other non-current assets and Other non-current liabilities on the Company's Condensed Consolidated Balance Sheets.

(3) Derivative assets and liabilities primarily represent forward currency exchange contracts. The Company typically enters into these contracts to minimize the short-term impact of foreign currency exchange rates on certain trade and inter-company receivables and payables. Derivative assets and liabilities are included in Other current assets and Other current liabilities on the Company's Condensed Consolidated Balance Sheets.

(4) Contingent consideration liabilities represents arrangements to pay the former owners of certain companies the Company acquired. The undiscounted maximum payment under the arrangements is $6.6 million at the end of the third quarter of fiscal 2013, based on estimated future revenues or gross margins. Contingent consideration liabilities are included in Other current liabilities and Other non-current liabilities on the Company's Condensed Consolidated Balance Sheets.

Additional Fair Value Information Relating To The Company's Financial Instruments Outstanding

The following table provides additional fair value information relating to the Company’s financial instruments outstanding:

	Carrying Amount		Fair Value		Carrying Amount		Fair Value
As of	Third Quarter of Fiscal 2013				Fiscal Year End 2012
(Dollars in thousands)
Assets:
Cash and cash equivalents	$	115,257	$	115,257	$	157,771	$	157,771
Restricted cash	6,696		6,696		—		—
Forward foreign currency exchange contracts	750		750		343		343
Liabilities:
Credit facilities	$	800,750	$	800,750	$	908,000	$	908,000
Forward foreign currency exchange contracts	1,315		1,315		420		420
Promissory notes and other debt	8,314		8,314		3,158		3,158