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Fair Value Measurements (Tables)
9 Months Ended
Sep. 29, 2012
Schedule of Assets and Liabilities Measured at Fair Value

The following table summarizes the company’s financial assets and liabilities measured at fair value on a recurring basis:

 

(In thousands)    Fair Value Measurement Category Level 2  
     September 29,
2012
     December 31,
2011
     September 24,
2011
 

Assets

        

Commodity contracts – fuel

   $ 79          $ —           $   725    

Foreign exchange contracts

     67          341          952    

Liabilities:

        

Commodity contracts – fuel

     —          251          —    

Foreign exchange contracts

     $   430          $ 92        $ 38    
Schedule of Fair Value of Senior Notes

The fair value of the senior notes and the senior secured notes are considered Level 2 fair value measurements and are based on market trades of these securities on or about the dates below.

 

     September 29, 2012      December 31, 2011      September 24, 2011  
(In thousands)    Carrying
Value
     Fair
Value
     Carrying
Value
     Fair
Value
     Carrying
Value
     Fair
Value
 

6.25% senior notes

   $   149,953        $   149,984        $   399,953        $   381,067        $   399,998        $   388,000    

9.75% senior secured notes

   $   250,000        $ 255,938        $ —        $ —        $ —         $ —