Derivative Financial Instruments (Tables)

3 Months Ended

Jun. 30, 2013

Derivative Financial Instruments (Thousands of Dollars) [Abstract]

Summary of Cash Flow Hedging Instruments

At June 30, 2013, July 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.

	June 30, 2013					July 1, 2012					December 30, 2012
Hedged transaction	Notional Amount		Fair Value			Notional Amount		Fair Value			Notional Amount		Fair Value
Inventory purchases	$	342,616		8,295			374,658		13,387			397,770		(2,638	)
Intercompany royalty   transactions		118,116		2,154			126,276		4,272			131,693		(1,168	)
Sales		112,278		4,193			85,693		(2,840	)		92,761		2,458
Other		25,102		(349	)		18,131		19			2,420		(45	)
Total	$	598,112		14,293			604,758		14,838			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 June 30, 2013, July 1, 2012 and December 30, 2012 as follows:

	June 30, 2013			July 1, 2012			Dec. 30, 2012
Prepaid expenses and other current assets
Unrealized gains	$	13,907			14,113			2,802
Unrealized losses		(1,540	)		(4,250	)		(1,073	)
Net unrealized gain		12,367			9,863			1,729
Other assets
Unrealized gains		1,926			5,066			12
Unrealized losses		-			(70	)		-
Net unrealized gain		1,926			4,996			12
Total asset derivatives	$	14,293			14,859			1,741
Accrued liabilities
Unrealized gains	$	1			3			1,466
Unrealized losses		(1	)		(18	)		(4,245	)
Net unrealized loss		-			(15	)		(2,779	)
Other liabilities
Unrealized gains		-			-			20
Unrealized losses		-			(6	)		(375	)
Net unrealized loss		-			(6	)		(355	)
Total liability derivatives	$	-			(21	)		(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 quarter and six-month periods ended June 30, 2013 and July 1, 2012 as follows:

	Quarter Ended						Six Months Ended
	June 30, 2013			July 1, 2012			June 30, 2013			July 1, 2012
Statements of Operations Classification
Cost of sales	$	(306	)		1,675			36			2,941
Royalties		97			864			(44	)		1,006
Sales		1,060			(644	)		1,535			(643	)
Net realized gains	$	851			1,895			1,527			3,304

Fair values of undesignated derivative financial instruments

At June 30, 2013, July 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:

	June 30, 2013			July 1, 2012			Dec. 30, 2012
Prepaid expenses and other current assets
Unrealized gains	$	1,625			720			-
Unrealized losses		(18	)		(522	)		-
Net unrealized gain		1,607			198			-
Accrued liabilities
Unrealized gains		-			-			469
Unrealized losses		-			-			(796	)
Net unrealized loss		-			-			(327	)
Other liabilities
Net unrealized loss		(1,235	)		(744	)		-
Total unrealized gain (loss), net	$	372			(546	)		(327	)