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Fair Value Measurements (Tables)
6 Months Ended
Jun. 28, 2015
Fair Value Disclosures [Abstract]  
Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis
The following tables show the assets and liabilities carried at fair value measured on a recurring basis as of June 28, 2015 and December 28, 2014 classified in one of the three classifications described above:
 
 
 
Fair Value Measurements at June 28, 2015 Using:
 
Total Carrying Value at June 28, 2015
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(In thousands)
Marketable securities
$
1,633

 
$
1,633

 
$

 
$

Foreign exchange derivative assets
160

 

 
160

 

Foreign exchange derivative liabilities
(6,017
)
 

 
(6,017
)
 

Contingent consideration
(475
)
 

 

 
(475
)
 
 
 
 
Fair Value Measurements at December 28, 2014 Using:
 
Total Carrying Value at December 28, 2014
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable 
Inputs
(Level 3)
 
(In thousands)
Marketable securities
$
1,568

 
$
1,568

 
$

 
$

Foreign exchange derivative assets
3,205

 

 
3,205

 

Foreign exchange derivative liabilities
(302
)
 

 
(302
)
 

Contingent consideration
(91
)
 

 

 
(91
)
Reconciliation of Beginning and Ending Level 3 Net Liabilities
A reconciliation of the beginning and ending Level 3 net liabilities for contingent consideration is as follows:
 
Three Months Ended
 
Six Months Ended
 
June 28,
2015
 
June 29,
2014
 
June 28,
2015
 
June 29,
2014
 
(In thousands)
Balance at beginning of period
$
(81
)
 
$
(4,981
)
 
$
(91
)
 
$
(4,926
)
Additions
(475
)
 

 
(475
)
 

Amounts paid and foreign currency translation

 
(72
)
 
10

 
(72
)
Change in fair value (included within selling, general and administrative expenses)
81

 
1,623

 
81

 
1,568

Balance at end of period
$
(475
)
 
$
(3,430
)
 
$
(475
)
 
$
(3,430
)