XML 36 R47.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt Including Capital Lease Obligations - Carrying and Estimated Fair Value Table (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Debt Instrument [Line Items]      
Capital Lease Obligations $ 41,444us-gaap_CapitalLeaseObligations [1] $ 41,891us-gaap_CapitalLeaseObligations [1] $ 42,477us-gaap_CapitalLeaseObligations [1]
Estimated Fair Value - Capital lease obligations 41,000cqb_CapitalLeaseObligationsFairValueDisclosure [1],[2] 41,800cqb_CapitalLeaseObligationsFairValueDisclosure [1],[2] 42,000cqb_CapitalLeaseObligationsFairValueDisclosure [1],[2]
Less current portion (3,290)us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent (4,703)us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent (4,169)us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Total long-term debt and capital lease obligations 283,449us-gaap_LongTermDebtAndCapitalLeaseObligations 637,518us-gaap_LongTermDebtAndCapitalLeaseObligations 635,104us-gaap_LongTermDebtAndCapitalLeaseObligations
7.875% Senior Notes | 7.875% Senior Notes      
Debt Instrument [Line Items]      
Carrying Value 190,162us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_SeniorSecuredNotes7Point875PercentDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
412,483us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_SeniorSecuredNotes7Point875PercentDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
412,249us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_SeniorSecuredNotes7Point875PercentDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
Estimated Fair Value 210,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_SeniorSecuredNotes7Point875PercentDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
[2] 447,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_SeniorSecuredNotes7Point875PercentDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
[2] 462,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_SeniorSecuredNotes7Point875PercentDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
[2]
4.25% Convertible Senior Notes | Convertible debt      
Debt Instrument [Line Items]      
Carrying Value 44,158us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_ConvertibleSeniorNotes4Point25PercentMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
176,431us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_ConvertibleSeniorNotes4Point25PercentMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
167,006us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_ConvertibleSeniorNotes4Point25PercentMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
Estimated Fair Value 49,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_ConvertibleSeniorNotes4Point25PercentMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
[2] 200,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_ConvertibleSeniorNotes4Point25PercentMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
[2] 201,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_ConvertibleSeniorNotes4Point25PercentMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
[2]
2015 ABL [Member]      
Debt Instrument [Line Items]      
Carrying Value 6,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_A2015ABLMember
   
Estimated Fair Value 6,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_A2015ABLMember
[2]    
2013 ABL Revolver [Member]      
Debt Instrument [Line Items]      
Carrying Value 0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLRevolverMember
0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLRevolverMember
5,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLRevolverMember
Estimated Fair Value 0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLRevolverMember
0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLRevolverMember
5,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLRevolverMember
[2]
2013 ABL Term Loan [Member]      
Debt Instrument [Line Items]      
Carrying Value 0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLTermLoanMember
4,875us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLTermLoanMember
6,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLTermLoanMember
Estimated Fair Value 0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLTermLoanMember
4,800us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLTermLoanMember
[2] 6,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= cqb_A2013ABLTermLoanMember
[2]
Other Debt Obligations      
Debt Instrument [Line Items]      
Carrying Value 4,975us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= us-gaap_OtherDebtSecuritiesMember
6,541us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= us-gaap_OtherDebtSecuritiesMember
6,541us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= us-gaap_OtherDebtSecuritiesMember
Estimated Fair Value $ 4,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= us-gaap_OtherDebtSecuritiesMember
[2] $ 6,500us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= us-gaap_OtherDebtSecuritiesMember
[2] $ 6,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= us-gaap_OtherDebtSecuritiesMember
[2]
[1] Capital lease obligations include the borrowings for the salad production and warehousing facility in the Midwest. See further description of the build-to-suit lease below
[2] The fair value of the senior notes is based on observable inputs, which include quoted prices for similar assets or liabilities in an active market and market-corroborated inputs (Level 2). All other debt may be traded on the secondary loan market, and the fair value is based on either the last available trading price, if recent, or trading prices of comparable debt (Level 3). See Note 8 for further discussion of fair value.