Debt Obligations (Tables)

9 Months Ended

Sep. 28, 2014

Debt Disclosure [Abstract]

Schedule of carrying value of outstanding debt and capital lease obligations

As of September 28, 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		September 28, 2014		December 29, 2013
Current portion of long-term debt and capital lease obligations
Senior notes due 2015	5.0	%	$	244,083	$	—
Short-term capital lease obligations			—		21
Total current portion of debt and capital lease obligations			244,083		21
Long-term debt and capital lease obligations
Senior notes due 2015	5.0	%	—		244,057
Senior notes due 2016	6.625	%	187,420		205,111
Option to repurchase ownership interest in headquarters building in 2019			231,131		228,259
Long-term capital lease obligations			6,730		6,715
Total long-term debt and capital lease obligations			425,281		684,142
Total debt and capital lease obligations			$	669,364	$	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 Nine Months Ended
(In thousands)	September 28, 2014			September 29, 2013			September 28, 2014			September 29, 2013
Cash interest expense	$	12,748		$	12,995		$	38,870		$	39,508
Premium on debt repurchases	2,188			1,499			2,188			2,127
Amortization of discount on debt	1,314			1,355			3,632			3,622
Interest income	(996		)	(395		)	(2,930		)	(1,088		)
Total interest expense, net	$	15,254		$	15,454		$	41,760		$	44,169