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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 27, 2014
Dec. 28, 2013
Current assets:    
Cash and cash equivalents $ 182,683 $ 86,064
Accounts receivable, net 262,074 194,827
Inventories, net 182,205 156,074
Deferred income taxes 9,672 2,318
Other current assets 88,949 59,096
Total current assets 725,583 498,379
Property, plant and equipment, net of accumulated depreciation of $223,653 and $175,159, respectively 989,389 652,780
Goodwill 201,987 115,328
Intangible assets, net 171,753 169,399
Deferred income taxes 3,621 2,582
Other noncurrent assets 35,283 26,052
Total assets 2,127,616 1,464,520
Current liabilities:    
Short-term borrowings 15,802 2,472
Accounts payable and accrued liabilities 311,340 307,731
Income taxes payable 471 3,613
Deferred income taxes 1,008 1,342
Current portion of long-term debt 35,447 13,797
Total current liabilities 364,068 328,955
Long-term debt 1,440,130 880,399
Deferred Portion of Purchase Price 44,791 0
Deferred income taxes 77,026 33,236
Other noncurrent liabilities 62,258 62,191
Total liabilities 1,988,273 1,304,781
Shareholders’ equity:    
Common stock — 1,000 shares issued and outstanding 0 0
Additional paid-in capital 298,164 294,144
Retained earnings (deficit) (211,514) (127,142)
Accumulated other comprehensive income (loss) (37,146) (8,106)
Total Polymer Group, Inc. shareholders' equity 49,504 158,896
Noncontrolling interests 89,839 843
Total equity 139,343 159,739
Total liabilities and equity $ 2,127,616 $ 1,464,520