Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 28, 2014

Fair Value of Financial Instruments (Thousands of Dollars) [Abstract]

Fair Value Hierarchy

At March 29, 2015, March 30, 2014 and December 28, 2014, the Company had the following assets and liabilities measured at fair value in its consolidated balance sheets:

			Fair Value Measurements Using:
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
March 29, 2015
Assets:
Available-for-sale securities	$	27,977		4,836		17,206		5,935
Derivatives		130,550		-		130,550		-
Total assets	$	158,527		4,836		147,756		5,935
Liabilities:
Derivatives	$	3,513		-		3,513		-
Option agreement		24,920		-		-		24,920
Total liabilities	$	28,433		-		3,513		24,920
March 30, 2014
Assets:
Available-for-sale securities	$	40,984		3,783		31,538		5,663
Derivatives		1,311		-		1,311		-
Total assets	$	42,295		3,783		32,849		5,663
Liabilities:
Derivatives	$	33,053		-		33,053		-
Total Liabilities	$	33,053		-		33,053		-
December 28, 2014
Assets:
Available-for-sale securities	$	28,042		4,482		17,773		5,787
Derivatives		69,148		-		69,148		-
Total assets	$	97,190		4,482		86,921		5,787
Liabilities:
Derivatives	$	2,591		-		2,591		-
Option agreement		25,340		-		-		25,340
Total Liabilities	$	27,931		-		2,591		25,340

Reconciliation of Level 3 Fair Value

The following is a reconciliation of the beginning and ending balances of the fair value measurements of the Company's financial instruments which use significant unobservable inputs (Level 3):

	2015			2014
Balance at beginning of year	$	(19,553	)		5,484
Gain from change in fair value		568			179
Balance at end of first quarter	$	(18,985	)		5,663