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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 29, 2013
Accounting Policies [Abstract]  
Summary of Income Tax Examinations
A summary of the tax years that remain subject to examination in the company’s major tax jurisdictions are: 
United States - federal
2008 – 2012
United States - states
2004 – 2012
Australia
2011 – 2012
Brazil
2010 – 2012
Canada
2009 – 2012
China
2003 – 2012
Denmark
2009 – 2012
France
2011 – 2012
Germany
2011 – 2012
Italy
2009 – 2012
Luxembourg
2011 – 2012
Mexico
2007 – 2012
Philippines
2008 – 2012
South Korea
2006 – 2012
Spain
2008 – 2012
Taiwan
2008 – 2012
United Kingdom
2008 – 2012
 
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The company’s financial assets and liabilities that are measured at fair value and are categorized using the fair value hierarchy are as follows (in thousands):
 
Fair Value
Level 1
 
Fair Value
Level 2
 
Fair Value
Level 3
 
Total
As of June 29, 2013
 
 
 
 
 
 
 
Financial Assets:
 
 
 
 
 
 
 
    Pension plans
$
24,511

 
$
800

 
$

 
$
25,311

 
 
 
 
 
 
 
 
Financial Liabilities:
 
 
 
 
 
 
 
    Interest rate swaps
$

 
$
1,299

 
$

 
$
1,299

    Contingent consideration
$

 


 
$
7,333

 
$
7,333

 
 
 
 
 
 
 
 
As of December 29, 2012
 
 
 
 
 
 
 
Financial Assets:
 
 
 
 
 
 
 
    Pension plans
$
24,346

 
$
935

 
$

 
$
25,281

 
 
 
 
 
 
 
 
Financial Liabilities:
 
 
 
 
 
 
 
    Interest rate swaps
$

 
$
2,853

 
$

 
$
2,853

    Contingent consideration
$

 
$

 
$
8,609

 
$
8,609