Derivatives and Hedging Activities (Tables)

12 Months Ended

Dec. 29, 2013

Derivative Instruments, Gain (Loss)

Schedule of Derivative Instruments

As of December 29, 2013, the notional amount and unrealized loss on the effective portion of the Company’s outstanding foreign exchange forward contracts to purchase Japanese yen that are designated as cash flow hedges are shown in both Japanese yen (in billions) and U.S. dollar (in thousands), based upon the exchange rate as of December 29, 2013, as follows:

	Notional Amount				Unrealized Loss
	(Japanese yen)		(U.S. dollar)		(U.S. dollar)
Foreign exchange forward contracts:
Maturities 12 months or less	¥	69.4	$	662,190	$	(38,375	)
Maturities greater than 12 months	0.2		2,295		(118		)
Total	¥	69.6	$	664,485	$	(38,493	)

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

Fair value of derivative contracts were as follows (in thousands):

	Derivative assets reported in
	Other Current Assets				Other Non-current Assets
	December 29, 2013		December 30, 2012		December 29, 2013		December 30, 2012
Foreign exchange forward contracts not designated	$	777	$	19,064	$	—	$	994

	Derivative liabilities reported in
	Other Current Accrued Liabilities				Non-current Liabilities
	December 29, 2013		December 30, 2012		December 29, 2013		December 30, 2012
Foreign exchange forward contracts designated	$	38,375	$	7,058	$	118	$	—
Foreign exchange forward contracts not designated	7,366		6,526		—		—
Total derivatives	$	45,741	$	13,584	$	118	$	—

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The impact of the effective portion of designated cash flow derivative contracts on the Company’s results of operations was as follows (in thousands):

	Fiscal years ended
	Amount of gain (loss) recognized in OCI									Amount of gain (loss) reclassified from AOCI to earnings
	December 29, 2013			December 30, 2012			January 1, 2012			December 29, 2013			December 30, 2012			January 1, 2012
Foreign exchange forward contracts	$	(74,834	)	$	(38,197	)	$	33,224		$	(41,523	)	$	(10,946	)	$	27,985
Equity market risk contract	—			—			(3,024		)	—			—			(9,885		)

Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net

The following table includes the ineffective portion of designated cash flow derivative contracts and the forward points excluded for the purposes of cash flow hedging designation recognized in other income (expense) (in thousands):

	Fiscal years ended
	December 29, 2013			December 30, 2012			January 1, 2012
Foreign exchange forward contracts	$	(1,201	)	$	(6,630	)	$	(5,148	)

Effect Of Non-designated Derivative Contracts

The effect of non-designated derivative contracts on the Company’s results of operations recognized in other income (expense) was as follows (in thousands):

	Fiscal years ended
	December 29, 2013			December 30, 2012			January 1, 2012
Gain (loss) on foreign exchange forward contracts including forward point income	$	1,427		$	9,025		$	(14,068	)
Gain (loss) from revaluation of foreign currency exposures hedged by foreign exchange forward contracts	(4,460		)	(3,511		)	17,479