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Debt (Tables)
12 Months Ended
Dec. 29, 2012
Schedule of Debt Obligations

As of the end of 2012 and 2011, debt obligations consisted of the following:

 

In thousands

   2012      2011  

Senior secured term loan facilities, net of original issue discount of $15.5 million:

     

Term Loan B, variable rate, 5.25% at December 29, 2012 and December 31, 2011 with quarterly interest payments, principal due and payable at maturity—December 2016

   $ 1,136,905       $ 1,155,212   

Senior notes, 10.00% fixed rate, with semi-annual interest payments of $36.8 million in April and October, principal due and payable at maturity—October 2017

     736,670         750,000   
  

 

 

    

 

 

 
     1,873,575         1,905,212   

Equipment financing arrangements

     6,093         6,055   

Capital lease obligations

     4,783         6,338   
  

 

 

    

 

 

 

Total debt

   $ 1,884,451       $ 1,917,605   
  

 

 

    

 

 

 
Schedule of Maturities of Debt Obligations

Maturities of debt obligations, excluding original issue discount of $15.5 million, as of the end of 2012 are as follows:

 

In thousands

  

  

 

Visant:

  

2013

   $ 15,236   

2014

     4,361   

2015

     1,317   

2016

     1,142,297   

2017

     736,742   

Thereafter

     —     
  

 

 

 

Total debt

   $ 1,899,953