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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Jan. 02, 2016
FAIR VALUE MEASUREMENTS  
Summary of the Company's assets and liabilities measured at fair value on a recurring basis

                                                                                                                                                                                                  

(In thousands)

 

 

 

 

 

Fair Value Measurements at Reporting Date Using

 

Description

 

January 2, 2016

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

Significant Other
Observable Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

Restricted Cash

 

$

721 

 

$

721 

 

$

 

$

 

Derivatives:

 

 

 

 

 

 

 

 

 

Option contracts

 

125 

 

 

125 

 

 

Funds in investments and other assets:

 

 

 

 

 

 

 

 

 

Israeli pension funds

 

11,599 

 

 

11,599 

 

 

German group insurance contracts

 

5,719 

 

 

5,719 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,318 

 

 

17,318 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

18,164 

 

$

721 

 

$

17,443 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

Derivatives:

 

 

 

 

 

 

 

 

 

Option contracts

 

$

142 

 

$

 

$

142 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                                                                                                                                                  

(In thousands)

 

 

 

 

 

Fair Value Measurements at Reporting Date Using

 

Description

 

January 3, 2015

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

Significant Other
Observable Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

Restricted Cash

 

$

1,704 

 

$

1,704 

 

$

 

$

 

Marketable securities:

 

 

 

 

 

 

 

 

 

Money market funds

 

 

 

 

 

Certificates of deposit

 

50 

 

 

50 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

57 

 

 

50 

 

 

Derivatives:

 

 

 

 

 

 

 

 

 

Option contracts

 

103 

 

 

103 

 

 

Funds in investments and other assets:

 

 

 

 

 

 

 

 

 

Israeli pension funds

 

11,090 

 

 

11,090 

 

 

German group insurance contracts

 

6,140 

 

 

6,140 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,230 

 

 

17,230 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

19,094 

 

$

1,711 

 

$

17,383 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

Derivatives:

 

 

 

 

 

 

 

 

 

Option contracts

 

$

921 

 

$

 

$

921 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of carrying amount and estimated fair values of financial instruments

                                                                                                                                                                                                  

 

 

January 2, 2016

 

January 3, 2015

 

 

 

Carrying

 

 

 

Carrying

 

 

 

(In thousands)

 

Amount

 

Fair Value

 

Amount

 

Fair Value

 

Short-term borrowings

 

$

3,121 

 

$

3,121 

 

$

3,772 

 

$

3,772 

 

Long-term debt

 

$

74,247 

 

$

73,908 

 

$

71,000 

 

$

69,761