Debt Obligations (Tables)

6 Months Ended

Jun. 29, 2014

Debt Disclosure [Abstract]

Schedule of carrying value of outstanding debt and capital lease obligations

As of June 29, 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		June 29, 2014		December 29, 2013
Current portion of long-term debt and capital lease obligations
Senior notes due 2015	5.0	%	$	244,074	$	—
Short-term capital lease obligations			—		21
Total current portion of debt and capital lease obligations			244,074		21
Long-term debt and capital lease obligations
Senior notes due 2015	5.0	%	—		244,057
Senior notes due 2016	6.625	%	205,495		205,111
Option to repurchase ownership interest in headquarters building in 2019			230,175		228,259
Long-term capital lease obligations			6,726		6,715
Total long-term debt and capital lease obligations			442,396		684,142
Total debt and capital lease obligations			$	686,470	$	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						For the Six Months Ended
(In thousands)	June 29, 2014			June 30, 2013			June 29, 2014			June 30, 2013
Cash interest expense	$	13,071		$	13,889		$	26,122		$	27,140
Non-cash amortization of discount on debt	1,128			1,103			2,318			2,267
Interest income	(994		)	(348		)	(1,934		)	(692		)
Total interest expense, net	$	13,205		$	14,644		$	26,506		$	28,715