Debt (Tables)

6 Months Ended

12 Months Ended

Jul. 01, 2011

Dec. 30, 2011

Commitment fee percentage , Credit margin range based on debt-to-EBITDA ratios

Interest: As of December 30, 2011, the fee on the unborrowed portion of the commitment ranged from 0.40% to 0.50% of the total commitment, depending on the following total debt-to-EBITDA ratios:

Total debt-to-EBITDA ratio	Commitment fee percentage
Less than 1.50		0.40	%
Less than 2.25		0.40	%
Less than 3.00		0.45	%
Less than 4.00		0.50	%
Less than 5.00		0.50	%
Greater than 5.00		0.50	%

The credit margin spread ranged from 3.25% to 4.50%, depending on the following total debt-to-EBITDA ratios:

Total debt-to-EBITDA ratio	Credit margin spread
Less than 1.50		3.25	%
Less than 2.25		3.50	%
Less than 3.00		3.75	%
Less than 4.00		4.00	%
Less than 5.00		4.25	%
Greater than 5.00		4.50	%

Schedule of Long-term Debt

At December 30, 2011 and December 31, 2010, we had no short-term debt or current installments of long-term debt and long-term debt was as follows (in thousands):

Bank Loans	2011		2010
Variable-rate unsecured debt (denominated in US dollars) due February 2013	$	43,950	$	32,150

Convertible Senior Notes
Fixed-rate unsecured convertible notes (denominated in US dollars) due December 2014		50,000		50,000

Total long-term debt	$	93,950	$	82,150

Maturity of Long-term Debt

Principal payments of long-term debt due within the next five years are as follows (in thousands):

Year Ending
2012		--
2013	$	43,950
2014	$	50,000
2015		--
2016		--
Thereafter		--

Capital expenditure levels

Under the March 2012 amendment, the level of unrestricted cash that we are required to maintain was reduced to $1.0 million and our capital expenditure levels were reduced to the following levels:

Six Months Ended	Capital expenditure level
June 29, 2012	$	7.0 million
December 28, 2012	$	6.5 million