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Financing Arrangements (Tables)
12 Months Ended
Dec. 28, 2013
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following is a summary of long-term debt at December 28, 2013 and December 29, 2012:
 
 
2013
 
2012
 
(dollars in thousands)
Senior secured revolving credit line
$
568,600

 
$
256,500

Foreign loans
2,680

 
3,220

Other debt arrangement
318

 
350

Total debt
$
571,598

 
$
260,070

 
 
 
 
Less current maturities of long-term debt
1,408

 
1,850

 
 
 
 
Long-term debt
$
570,190

 
$
258,220

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): 
 
December 28, 2013
 
December 29, 2012
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Total debt
$
571,598

 
$
571,598

 
$
260,070

 
$
260,070

Schedule of Interest Rate Derivatives
As of December 28, 2013, the company had the following interest rate swaps in effect:

 
 
 
Fixed
 
 
 
 
Notional
 
Interest
 
Effective
 
Maturity
Amount
 
Rate
 
Date
 
Date
$
25,000,000

 
1.610
%
 
2/23/2011
 
2/24/2014
25,000,000

 
2.520
%
 
2/23/2011
 
2/23/2016
25,000,000

 
0.975
%
 
7/18/2011
 
7/18/2014
15,000,000

 
1.185
%
 
9/12/2011
 
9/12/2016
15,000,000

 
0.620
%
 
9/12/2011
 
9/11/2014
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
Schedule of Maturities of Long-term Debt
The aggregate amount of debt payable during each of the next five years is as follows:
 
 
(in thousands)
2014
$
1,408

2015
412

2016
130

2017
568,730

2018 and thereafter
918

 
 

 
$
571,598