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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 28, 2014
Dec. 28, 2013
Current assets:    
Cash and cash equivalents $ 211,196 $ 86,064
Accounts receivable, net 261,658 194,827
Inventories, net 188,986 156,373
Deferred income taxes 6,906 2,318
Other current assets 105,974 59,096
Total current assets 774,720 498,678
Property, plant and equipment, net of accumulated depreciation of $212,296 and $175,130, respectively 1,037,047 652,468
Goodwill 215,605 107,822
Intangible assets, net 176,125 169,399
Deferred income taxes 1,977 2,582
Other noncurrent assets 37,259 26,052
Total assets 2,242,733 1,457,001
Current liabilities:    
Short-term borrowings 14,070 2,472
Accounts payable and accrued liabilities 333,360 307,661
Income taxes payable 1,111 3,613
Deferred income taxes 2,925 1,336
Current portion of long-term debt 110,326 13,797
Total current liabilities 461,792 328,879
Long-term debt 1,374,496 880,399
Deferred Portion of Purchase Price 48,184 0
Deferred income taxes 69,921 27,335
Other noncurrent liabilities 64,264 61,845
Total liabilities 2,018,657 1,298,458
Commitments and contingencies      
Shareholders’ equity:    
Common stock — 1,000 shares issued and outstanding 0 0
Additional paid-in capital 296,911 294,144
Retained earnings (deficit) (159,962) (128,338)
Accumulated other comprehensive income (loss) (4,416) (8,106)
Total Polymer Group, Inc. shareholders' equity 132,533 157,700
Noncontrolling interests 91,543 843
Total equity 224,076 158,543
Total liabilities and equity $ 2,242,733 $ 1,457,001