SUBSEQUENT EVENTS	9 Months Ended
Sep. 08, 2012
SUBSEQUENT EVENTS	12. SUBSEQUENT EVENTS On October 9, 2012, subsequent to the end of the third quarter, the Company acquired PLG. PLG markets casual and athletic footwear, apparel and related accessories for adults and children under well-known brand names including Sperry Top-Sider^®, Stride Rite^®, Saucony^® and Keds^®. Subject to the finalization of post-closing adjustments set forth in the purchase agreement related to PLG’s net assets, the consideration paid to acquire PLG was approximately $1,237 million in cash. Subsequent to the announcement of the acquisition agreement in the second quarter of fiscal 2012, the Company incurred $9.4 million of expenses attributable to the PLG acquisition, including $4.4 million in the third quarter of fiscal 2012. Subsequent to the end of the third quarter, the Company entered into a new credit agreement (“New Credit Agreement”) with a bank syndicate. The New Credit Agreement provides the Company with a $1.1 billion secured credit facility consisting of a term loan A facility in an aggregate amount of up to $550.0 million, a term loan B facility in an aggregate amount up to $350.0 million and a revolving credit facility in an aggregate amount of up to $200.0 million. The New Credit Agreement is subject to increase up to a maximum aggregate amount of $1.3 billion under certain circumstances. In addition to the New Credit Agreement, the Company issued $375.0 million aggregate principal amount of 6.125% senior notes in a private offering.

12. SUBSEQUENT EVENTS

On October 9, 2012, subsequent to the end of the third quarter, the Company acquired PLG. PLG markets casual and athletic footwear, apparel and related accessories for adults and children under well-known brand names including Sperry Top-Sider^®, Stride Rite^®, Saucony^® and Keds^®. Subject to the finalization of post-closing adjustments set forth in the purchase agreement related to PLG’s net assets, the consideration paid to acquire PLG was approximately $1,237 million in cash. Subsequent to the announcement of the acquisition agreement in the second quarter of fiscal 2012, the Company incurred $9.4 million of expenses attributable to the PLG acquisition, including $4.4 million in the third quarter of fiscal 2012.

Subsequent to the end of the third quarter, the Company entered into a new credit agreement (“New Credit Agreement”) with a bank syndicate. The New Credit Agreement provides the Company with a $1.1 billion secured credit facility consisting of a term loan A facility in an aggregate amount of up to $550.0 million, a term loan B facility in an aggregate amount up to $350.0 million and a revolving credit facility in an aggregate amount of up to $200.0 million. The New Credit Agreement is subject to increase up to a maximum aggregate amount of $1.3 billion under certain circumstances. In addition to the New Credit Agreement, the Company issued $375.0 million aggregate principal amount of 6.125% senior notes in a private offering.