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Fair Value Measurements and Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 29, 2012
Fair Value Measurements and Fair Value of Financial Instruments [Abstract]  
Fair value of assets and liabilities measured on a recurring basis
The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis:
 
  
Fair Value as of December 29, 2012
 
(In thousands)
 
Level 1
  
Level 2
  
Level 3
  
Total
 
Assets:
 
 
  
 
  
 
  
 
 
Money market funds and time deposits
 $19,768  $  $  $19,768 
Forward currency-exchange contracts
 $  $29  $  $29 
Banker's acceptance drafts (a) $  $9,794  $  $9,794 
Liabilities:
                
Forward currency-exchange contracts
 $  $173  $  $173 
Interest rate swap agreements
 $  $1,048  $  $1,048 
     
   
Fair Value as of December 31, 2011
 
(In thousands)
 
Level 1
  
Level 2
  
Level 3
  
Total
 
Assets:
                
Money market funds and time deposits
 $13,983  $  $  $13,983 
Forward currency-exchange contracts
 $  $22  $  $22 
Banker's acceptance drafts (a) $  $16,042  $  $16,042 
Liabilities:
                
Forward currency-exchange contracts
 $  $544  $  $544 
Interest rate swap agreements
 $  $1,401  $  $1,401 
 
(a)
Included in accounts receivable in the accompanying consolidated balance sheet.
Carrying value and fair value of debt obligations
The carrying amount and fair value of the Company's debt obligations are as follows:
 
  
2012
  
2011
 
(In thousands)
 
Carrying
Value
  
Fair
Value
  
Carrying
Value
  
Fair
Value
 
Long-term debt obligations
 $6,250  $6,250  $11,750  $11,750 
 
The carrying amounts of long-term debt obligations approximate fair value as the obligations bear variable rates of interest, which adjust quarterly based on prevailing market rates.