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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 29, 2014
Fair Value Disclosures [Abstract]  
Debt, Deferred Compensation Plan Assets and Liabilities, Acquisition Related Contingent Consideration and Derivative Financial Instruments

The carrying amounts and fair values of the Company’s debt, deferred compensation plan assets and liabilities, acquisition related contingent consideration and derivative financial instruments were as follows:

 

     June 29, 2014     Dec. 29, 2013     June 30, 2013  
     Carrying     Fair     Carrying     Fair     Carrying     Fair  

In Thousands

   Amount     Value     Amount     Value     Amount     Value  

Public debt securities

   $ (373,661   $ (405,600   $ (373,566   $ (409,434   $ (373,475   $ (415,152

Deferred compensation plan assets

     17,990        17,990        17,098        17,098        14,801        14,801   

Deferred compensation plan liabilities

     (17,990     (17,990     (17,098     (17,098     (14,801     (14,801

Commodity hedging agreements

     871        871        0        0        0        0   

Non-public variable rate debt

     (80,000     (80,000     (25,000     (25,000     (75,000     (75,000

Acquisition related contingent consideration

     (13,000     (13,000     0        0        0        0   

Deferred Compensation Plan, Commodity Hedging Agreements and Acquisition Related Contingent Consideration

The following table summarizes, by assets and liabilities, the valuation of the Company’s deferred compensation plan, commodity hedging agreements and acquisition related contingent consideration:

 

     June 29, 2014      Dec. 29, 2013      June 30, 2013  

In Thousands

   Level 1      Level 2      Level 3      Level 1      Level 2      Level 1      Level 2  

Assets

                    

Deferred compensation plan assets

   $ 17,990             $ 17,098          $ 14,801      

Commodity hedging agreements

      $ 871             $ 0          $ 0   

Liabilities

                    

Deferred compensation plan liabilities

     17,990               17,098            14,801      

Acquisition related contingent consideration

         $ 13,000