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Financing Arrangements (Tables)
9 Months Ended
Sep. 27, 2014
Notes To Financial Statements [Abstract]  
Schedule of Long-term Debt Instruments
 
Sept 27, 2014
 
Dec 28, 2013
 
(in thousands)
Senior secured revolving credit line
$
505,200

 
$
568,600

Foreign loans
9,891

 
2,680

Other debt arrangement
292

 
318

     Total debt
$
515,383

 
$
571,598

Less:  Current maturities of long-term debt
8,831

 
1,408

     Long-term debt
$
506,552

 
$
570,190

Carrying Value And Fair Value Of Long Term Debt, Disclosure
The carrying value and estimated aggregate fair value, a level 2 measurement, based primarily on market prices, of debt is as follows (in thousands):
 
Sept 27, 2014
 
Dec 28, 2013
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Total debt
$
515,383

 
$
515,383

 
$
571,598

 
$
571,598

Schedule of Interest Rate Derivatives
The agreements swap one-month LIBOR for fixed rates. As of September 27, 2014, the company had the following interest rate swaps in effect:
 
 
Fixed
 
 
 
 
Notional
 
Interest
 
Effective
 
Maturity
Amount
 
Rate
 
Date
 
Date
$25,000,000
 
2.520%
 
2/23/2011
 
2/23/2016
$15,000,000
 
1.185%
 
9/12/2011
 
9/12/2016
$10,000,000
 
0.498%
 
2/11/2013
 
7/11/2015
$15,000,000
 
0.458%
 
2/11/2013
 
10/11/2015
$25,000,000
 
0.635%
 
2/11/2013
 
8/11/2016
$25,000,000
 
0.789%
 
2/11/2013
 
3/11/2017
$25,000,000
 
0.803%
 
2/11/2013
 
5/11/2017
$35,000,000
 
0.880%
 
2/11/2013
 
7/11/2017
$10,000,000
 
1.480%
 
9/11/2013
 
7/11/2017
$15,000,000
 
0.920%
 
3/11/2014
 
7/11/2017
$25,000,000
 
0.950%
 
3/11/2014
 
7/11/2017