Debt Obligations (Tables)

3 Months Ended

Mar. 30, 2014

Schedule of carrying value of outstanding debt and capital lease obligations

As of March 30, 2014, our current indebtedness included senior notes and the repurchase option related to a sale-leaseback of a portion of our New York headquarters. Our total debt and capital lease obligations consisted of the following:



(In thousands)	Coupon Rate		March 30, 2014		December 29, 2013
Current portion of long-term debt and capital lease obligations
Senior notes due 2015	5.0	%	$	244,065	$	—
Short-term capital lease obligations			4		21
Total current portion of debt and capital lease obligations			244,069		21
Long-term debt and capital lease obligations
Senior notes due 2015	5.0	%	—		244,057
Senior notes due 2016	6.625	%	205,301		205,111
Option to repurchase ownership interest in headquarters building in 2019			229,250		228,259
Long-term capital lease obligations			6,721		6,715
Total long-term debt and capital lease obligations			441,272		684,142
Total debt and capital lease obligations			$	685,341	$	684,163

Schedule of components of interest expense, net

“Interest expense, net” in our Condensed Consolidated Statements of Operations was as follows:



	For the Quarters Ended
(In thousands)	March 30, 2014			March 31, 2013
Cash interest expense	$	13,051		$	13,251
Non-cash amortization of discount on debt	1,190			1,163
Interest income	(940		)	(343		)
Total interest expense, net	$	13,301		$	14,071