Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Financial Instruments (Thousands of Dollars) [Abstract]

Summary of Cash Flow Hedging Instruments

At March 31, 2013, April 1, 2012 and December 30, 2012, the notional amounts and fair values of the Company's foreign currency forward contracts designated as cash flow hedging instruments were as follows.

	March 31, 2013					April 1, 2012					December 30, 2012
Hedged transaction	Notional Amount		Fair Value			Notional Amount		Fair Value			Notional Amount		Fair Value
Inventory purchases	$	394,818		5,858			425,153		(1,920	)		397,770		(2,638	)
Intercompany royalty   transactions		132,677		2,053			137,065		(971	)		131,693		(1,168	)
Sales		83,942		3,465			62,725		(229	)		92,761		2,458
Other		23,746		(22	)		25,267		75			2,420		(45	)
Total	$	635,183		11,354			650,210		(3,045	)		624,644		(1,393	)

Derivatives Fair Value by Balance Sheet Location

The Company has a master agreement with each of its counterparties that allows for the netting of outstanding forward contracts. The fair values of the Company's foreign currency forward contracts designated as cash flow hedges are recorded in the consolidated balance sheets at March 31, 2013, April 1, 2012 and December 30, 2012 as follows:

	Mar. 31, 2013			April 1, 2012			Dec. 30, 2012
Prepaid expenses and other current assets
Unrealized gains	$	10,324			2,720			2,802
Unrealized losses		(2,483	)		(948	)		(1,073	)
Net unrealized gain		7,841			1,772			1,729
Other assets
Unrealized gains		4,023			7			12
Net unrealized gain		4,023			7			12
Total asset derivatives	$	11,864			1,779			1,741
Accrued liabilities
Unrealized gains	$	1,095			2,981			1,466
Unrealized losses		(1,605	)		(6,956	)		(4,245	)
Net unrealized loss		(510	)		(3,975	)		(2,779	)
Other liabilities
Unrealized gains		-			-			20
Unrealized losses		-			(849	)		(375	)
Net unrealized loss		-			(849	)		(355	)
Total liability derivatives	$	(510	)		(4,824	)		(3,134	)

Schedule of Derivative Instruments, Gain (Loss) in Statement of Operations [Table Text Block]

Net gains (losses) on cash flow hedging activities have been reclassified from other comprehensive earnings to net earnings for the quarters ended March 31, 2013 and April 1, 2012 as follows:

	Mar. 31, 2013			April 1, 2012
Statements of Operations Classification
Cost of sales	$	341			1,266
Royalties		(141	)		142
Sales		475			1
Net realized gains	$	675			1,409

In addition, net losses of $1 and $2 were reclassified to earnings as a result of hedge ineffectiveness for the quarters ended March 31, 2013 and April 1, 2012, respectively.

Fair values of undesignated derivative financial instruments

At March 31, 2013, April 1, 2012 and December 30, 2012, the fair values of the Company's undesignated derivative financial instruments were recorded in the consolidated balance sheets as follows:

	Mar. 31, 2013			April 1, 2012			Dec. 30, 2012
Accrued liabilities
Unrealized gains	$	140			42			469
Unrealized losses		(1,123	)		(124	)		(796	)
Net unrealized loss		(983	)		(82	)		(327	)
Other liabilities
Unrealized losses		(1,738	)		(1,148	)		-
Net unrealized loss		(1,738	)		(1,148	)		-
Total unrealized loss, net	$	(2,721	)		(1,230	)		(327	)