Derivatives and Other Financial Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 29, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of aggregate notional amount and estimated fair value of derivative instruments

The following table summarizes the aggregate notional amount and estimated fair value of the Company’s derivative instruments as of September 29, 2012 and December 31, 2011 (in thousands):

	As of September 29, 2012					As of December 31, 2011
	Notional		Fair Value			Notional		Fair Value
Foreign currency hedges:
Foreign exchange contracts (1)	$	26,488	$	(2,664	)	$	40,265	$	(3,807	)
Foreign exchange contracts — undesignated (2)	—		—			3,680		(147		)
Net value	$	26,488	$	(2,664	)	$	43,945	$	(3,954	)

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(1) As disclosed above, the Company entered into the June 2011 FX Forward Contracts on June 30, 2011.

(2) As disclosed above, the January 2011 FX Forward Contracts were undesignated as a hedge on July 8, 2011 due to commercial acceptance of the New China Healthcare Line and subsequent recording of the remaining liability. The January 2011 FX Forward Contracts expired in March 2012 in conjunction with the final payment of the equipment purchase contract for the New China Healthcare Line.

Summary of effect on income by derivative instruments in cash flow hedging

The following tables summarize the effect on income by derivative instruments in cash flow hedging relationships for the following periods (in thousands):

	Amount of Gain (Loss) Recognized in Accumulated OCI on Derivative (Effective Portion)
	Successor				Predecessor
	Three Months Ended September 29, 2012	Three Months Ended October 1, 2011	Nine Months Ended September 29, 2012	Eight Months Ended October 1, 2011	One Month Ended January 28, 2011
Derivatives in Cash Flow Hedging Relationship
Derivatives designated as hedging instruments:
Interest rate contracts	N/A	N/A	N/A	N/A	$	(3	)

	Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (1)
	Successor				Predecessor
	Three Months Ended September 29, 2012	Three Months Ended October 1, 2011	Nine Months Ended September 29, 2012	Eight Months Ended October 1, 2011	One Month Ended January 28, 2011
Derivatives in Cash Flow Hedging Relationship
Derivatives not designated as hedging instruments	N/A	N/A	N/A	N/A	$	(187	)

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(1) Amount of Gain (Loss) (Effective Portion) Reclassified from Accumulated Other Comprehensive Income into Income is located in Interest Expense, net in the Consolidated Statements of Operations.