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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 29, 2013
SIGNIFICANT ACCOUNTING POLICIES  
Schedule of allowance for doubtful accounts

 

 
  Years Ended  
(in thousands)
  December 29,
2013
  December 30,
2012
  December 25,
2011
 

Balance at beginning of year

  $ 5,920   $ 7,341   $ 7,836  

Charged to costs and expenses

    8,481     6,089     8,309  

Amounts written off

    (8,361 )   (7,510 )   (8,804 )
               

Balance at end of year

  $ 6,040   $ 5,920   $ 7,341  
               
               
Schedule of components of property, plant and equipment

 

(in thousands)
  December 29,
2013
  December 30,
2012
  Estimated
Useful Lives
 

Land

  $ 97,631   $ 311,959        

Building and improvements

    356,320     364,951     5-60 years  

Equipment

    741,648     775,397     2-25 years  (1)

Construction in process

    10,529     24,014        
                 

 

    1,206,128     1,476,321        

Less accumulated depreciation

    (747,423 )   (742,592 )      
                 

Property, plant and equipment, net

  $ 458,705   $ 733,729        
                 
                 

  • (1)
    Presses are 9-25 years and other equipment is 2-15 years
Schedule of components of accumulated other comprehensive loss and reclassifications, net of tax

 

(in thousands)
  Minimum
Pension and
Post-
Retirement
Liability
  Other
Comprehensive
Loss
Related to
Equity
Investments
  Total  

Beginning balance — December 30, 2012

  $ (473,448 ) $ (7,868 ) $ (481,316 )

Other comprehensive income (loss) before reclassifications

        (364 )   (364 )

Amounts reclassified from AOCL

    176,779         176,779  
               

Other comprehensive income (loss)

    176,779     (364 )   176,415  
               

Ending balance — December 29, 2013

  $ (296,669 ) $ (8,232 ) $ (304,901 )
               
               


 

 
  Amount Reclassified from AOCL (in thousands)    
AOCL Component   Year Ended
December 29,
2013
  Affected Line in the Condensed
Consolidated Statements of Operations

Minimum pension and post-retirement liability

  $ 294,632   Compensation

 

    (117,853 ) Provision for income taxes
         

 

  $ 176,779   Net of tax
         
         
Summary of anti-dilutive stock options

 

 
  Years Ended  
(shares in thousands)
  December 29,
2013
  December 30,
2012
  December 25,
2011
 

Anti-dilutive stock options

    4,941     6,814     5,772