Financial Instruments (Tables)

6 Months Ended

Jul. 04, 2015

Notes To Financial Statements [Abstract]

Foreign Exchange Transaction

The fair value of the forward and option contracts was a gain of $0.3 million at the end of the second quarter of 2015.

Sell		Purchase		Maturity
6,000,000	Euro Dollars	6,695,460	US Dollars	October 2, 2015
6,750,000	Euro Dollars	7,520,850	US Dollars	October 2, 2015
6,250,000	Euro Dollars	6,996,563	US Dollars	October 2, 2015
12,500,000	Euro Dollars	14,015,000	US Dollars	October 2, 2015
3,900,000	British Pounds	5,496,751	Euro Dollars	October 2, 2015
5,000,000	British Pounds	7,042,749	Euro Dollars	October 2, 2015
5,000,000	British Pounds	7,039,279	Euro Dollars	October 2, 2015
7,500,000	AUD Dollars	5,731,500	US Dollars	October 2, 2015
15,000,000	AUD Dollars	11,496,000	US Dollars	October 2, 2015
7,500,000	AUD Dollars	5,737,500	US Dollars	October 2, 2015
5,000,000	AUD Dollars	3,809,000	US Dollars	October 2, 2015
3,000,000	AUD Dollars	2,265,000	US Dollars	October 2, 2015
7,500,000	CAD Dollars	5,934,953	US Dollars	October 2, 2015
7,493,175	US Dollars	6,750,000	Euro Dollars	October 2, 2015
1,968,781	Euro Dollars	1,400,000	British Pounds	October 2, 2015

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following tables summarize the company’s fair value of interest rate swaps (in thousands):

	Condensed Consolidated Balance Sheet Presentation	Jul 4, 2015			Jan 3, 2015
Fair value	Other non-current liabilities	$	(1,123	)	$	(810	)

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The impact on earnings from interest rate swaps was as follows (in thousands):

		Three Months Ended						Six Months Ended
	Presentation of Gain/(loss)	Jul 4, 2015			Jun 28, 2014			Jul 4, 2015			Jun 28, 2014
Gain/(loss) recognized in accumulated other comprehensive income	Other comprehensive income	$	(4	)	$	(1,008	)	$	(1,301	)	$	(1,111	)
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	Interest expense	$	(489	)	$	(572	)	$	(974	)	$	(1,115	)
Gain/(loss) recognized in income (ineffective portion)	Other expense	$	2		$	(48	)	$	15		$	(17	)