Fair Value Measurements Fair Value Measurements (Tables)

9 Months Ended

Sep. 29, 2013

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping [Table Text Block]

The following table summarizes the Company's assets and liabilities measured and recorded at fair value on a recurring basis as of September 29, 2013 and December 30, 2012, respectively:

	September 29, 2013						December 30, 2012
(In thousands)	Total		Level 1		Level 2		Total		Level 1		Level 2
Assets
Cash and cash equivalents:
Money market funds1	$	308,001	$	308,001	$	—	$	117,254	$	117,254	$	—
Prepaid expenses and other current assets:
Foreign currency derivatives (Note 10)	2,198		—		2,198		1,275		—		1,275
Other long-term assets:
Debt derivatives (Note 9)	96,635		—		96,635		2,327		—		2,327
Foreign currency derivatives (Note 10)	384		—		384		—		—		—
Total assets	$	407,218	$	308,001	$	99,217	$	120,856	$	117,254	$	3,602
Liabilities
Accrued liabilities:
Foreign currency derivatives (Note 10)	$	7,250	$	—	$	7,250	$	4,891	$	—	$	4,891
Other long-term liabilities:
Debt derivatives (Note 9)	96,665		—		96,665		2,327		—		2,327
Foreign currency derivatives (Note 10)	495		—		495		—		—		—
Total liabilities	$	104,410	$	—	$	104,410	$	7,218	$	—	$	7,218

¹  The Company's cash equivalents consist of money market fund instruments which are classified as available-for-sale and within Level 1 of the fair value hierarchy because they are valued using quoted market prices for identical instruments in active markets.

Fair Value, Measurement Inputs, Disclosure [Table Text Block]

The fair values of these derivative instruments were determined utilizing the following Level 1 and Level 2 inputs:

	As of
	September 29, 20131			December 30, 20121
Stock price	$	26.17		$	5.49
Exercise price	$	22.53		$	22.53
Interest rate	0.37		%	0.40		%
Stock volatility	59.6		%	59.9		%
Credit risk adjustment	1.04		%	1.07		%
Maturity date	February 18, 2015			February 18, 2015

¹  The valuation model utilizes these inputs to value the right but not the obligation to purchase one share at $22.53. The Company utilized a Black-Scholes valuation model to value the 4.50% Bond Hedge and embedded cash conversion option. The underlying input assumptions were determined as follows:

(i) Stock price. The closing price of the Company's common stock on the last trading day of the quarter.

(ii) Exercise price. The exercise price of the 4.50% Bond Hedge and the embedded cash conversion option.

(iii) Interest rate. The Treasury Strip rate associated with the life of the 4.50% Bond Hedge and the embedded cash conversion option.

(iv) Stock volatility. The volatility of the Company's common stock over the life of the 4.50% Bond Hedge and the embedded cash conversion option.

(v) Credit risk adjustment. Represents the weighted average of the credit default swap rate of the counterparties.