Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 28, 2015

Foreign Currency Derivatives [Abstract]

Schedule of hedge instruments measured at fair value on a recurring basis

The following tables present information about the Company's hedge instruments measured at fair value on a recurring basis as of June 28, 2015 and December 28, 2014, all of which utilize Level 2 inputs under the fair value hierarchy:

(In thousands)	Balance Sheet Classification	June 28, 2015		December 28, 2014
Assets
Derivatives designated as hedging instruments:
Foreign currency option contracts	Prepaid expenses and other current assets	$	—	$	2,240
Foreign currency forward exchange contracts	Prepaid expenses and other current assets	103		4
		$	103	$	2,244
Derivatives not designated as hedging instruments:
Foreign currency forward exchange contracts	Prepaid expenses and other current assets	1,804		4,774
Interest rate contracts	Other long-term assets	$	848	$	—
		$	2,652	$	4,774
Liabilities
Derivatives designated as hedging instruments:
Foreign currency forward exchange contracts	Accrued liabilities	925		—
Interest rate contracts	Other long-term liabilities	470		3,712
		$	1,395	$	3,712
Derivatives not designated as hedging instruments:
Foreign currency forward exchange contracts	Accrued liabilities	3,518		1,345
Interest rate contracts	Other long-term liabilities	—		—
		$	3,518	$	1,345

Schedule of offsetting assets and liabilities

	June 28, 2015
							Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Rights to Offset
(In thousands)	Gross Amounts Recognized		Gross Amounts Offset		Net Amounts Presented		Financial Instruments		Cash Collateral		Net Amounts
Derivative assets	$	2,755	$	—	$	2,755	$	2,377	$	—	$	378
Derivative liabilities	$	4,913	$	—	$	4,913	$	2,377	$	—	$	2,536

	December 28, 2014
							Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Rights to Offset
(In thousands)	Gross Amounts Recognized		Gross Amounts Offset		Net Amounts Presented		Financial Instruments		Cash Collateral		Net Amounts
Derivative assets	$	7,018	$	—	$	7,018	$	1,345	$	—	$	5,673
Derivative liabilities	$	5,057	$	—	$	5,057	$	1,345	$	—	$	3,712

Schedule of derivative instruments, effect on other comprehensive income (loss)

The following table summarizes the pre-tax amount of unrealized gain or loss recognized in "Accumulated other comprehensive income" ("OCI") in "Stockholders' equity" in the Consolidated Balance Sheets:

	Three Months Ended						Six Months Ended
(In thousands)	June 28, 2015			June 29, 2014			June 28, 2015			June 29, 2014
Derivatives designated as cash flow hedges:
Loss in OCI at the beginning of the period	$	(5,631	)	$	(420	)	$	(1,443	)	$	(805	)
Unrealized gain (loss) recognized in OCI	7,343			(135		)	4,635			(138		)
Less: Loss (gain) reclassified from OCI to earnings	(2,347		)	107			(3,827		)	495
Net gain (loss) on derivatives	$	4,996		$	(28	)	$	808		$	357
Loss in OCI at the end of the period	$	(635	)	$	(448	)	$	(635	)	$	(448	)

Schedule of gain or loss recognized in Statement of Operations

The following table summarizes the amount of gain or loss recognized in "Other, net" in the Consolidated Statements of Operations in the three and six months ended June 28, 2015, and June 29, 2014:

	Three Months Ended						Six Months Ended
(In thousands)	June 28, 2015			June 29, 2014			June 28, 2015			June 29, 2014
Derivatives designated as cash flow hedges:
Gain (loss) recognized in "Other, net" on derivatives (ineffective portion and amount excluded from effectiveness testing)	$	(1,968	)	$	331		$	(5,223	)	$	811
Derivatives not designated as hedging instruments:
Gain (loss) recognized in "Other, net"	$	(8,417	)	$	(1,224	)	$	(902	)	$	206