Fair Value Measurements (Tables)

9 Months Ended

Sep. 28, 2014

Fair value of liabilities measured on recurring basis

The following tables summarize our financial liabilities measured at fair value on a recurring basis as of September 28, 2014 and December 29, 2013:



(In thousands)	September 28, 2014
(In thousands)	Total		Level 1		Level 2		Level 3
Liabilities
Deferred compensation	$	43,767	$	43,767	$	—	$	—



(In thousands)	December 29, 2013
(In thousands)	Total		Level 1		Level 2		Level 3
Liabilities
Deferred compensation	$	51,660	$	51,660	$	—	$	—

Fair value of assets measured on a nonrecurring basis

The following table presents non-financial assets that were measured and recorded at fair value on a non-recurring basis and the impairment losses recorded during 2013 on those assets:



(In thousands)	Carrying Value		Fair Value Measured and Recorded Using						Impairment Losses
(In thousands)	September 29, 2013		Level 1		Level 2		Level 3		2013
Property, plant and equipment ⁽¹⁾	$	55,056	$	—	$	—	$	55,056	$	34,300


(1)	Impairment losses related to the New England Media Group are included within “(Loss) from discontinued operations, net of income taxes” in the Condensed Consolidated Statements of Operations for the quarter and nine months ended September 29, 2013. See Note 11 for additional information.

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References+ Details