DERIVATIVES (Tables)

6 Months Ended

Jun. 30, 2012

Derivatives [Abstract]

Change in interest expense related to derivatives [Table Text Block]

We recorded net (decreases) increases in interest expense related to the ineffectiveness of the swaps and the changes in the fair value of the cap as follows.

(In millions)	Fiscal Quarter Ended						Fiscal Six Months Ended
	June 30, 2012			July 2, 2011			June 30, 2012		July 2, 2011
Interest rate swaps	$	(0.2	)	$	(0.9	)	$	1.3	$	1.2
Interest rate cap		-			0.5			0.2		0.7
Net (decrease) increase in interest expense	$	(0.2	)	$	(0.4	)	$	1.5	$	1.9

Notional amounts of foreign exchange contracts outstanding [Table Text Block]

The notional amounts of our foreign exchange contracts outstanding at June 30, 2012, July 2, 2011 and December 31, 2011 are as follows.

(In millions)	Notional Amounts
	June 30, 2012		July 2, 2011		December 31, 2011
Canadian Dollar - U.S. Dollar forward exchange contracts	US$10.2		US$10.3		US$5.3
British Pound - Euro forward exchange contracts		-		€2.4		-
British Pound - U.S. Dollar exchange options		-	US$2.5			-
British Pound - U.S. Dollar forward exchange contracts		£3.0		-		-

Fair Values of Derivative Instruments

Fair Values of Derivative Instruments

(In millions)	June 30, 2012			July 2, 2011			December 31, 2011
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Interest rate swap contracts		$	-	Other long-term assets	$	5.1	Other long-term assets	$	5.5
Foreign exchange contracts	Prepaid expenses and other current assets		0.1			-	Prepaid expenses and other current assets		0.1
Total derivative assets		$	0.1		$	5.1		$	5.6
Foreign exchange contracts				Accrued expenses and other current liabilities	$	0.6
Total derivative liabilities					$	0.6
Derivatives not designated as hedging instruments
Foreign exchange contracts	Prepaid expenses and other current assets	$	0.1	Prepaid expenses and other current assets	$	0.1		$	-
Interest rate cap contract			-	Other long-term assets		0.6	Other long-term assets		0.2
Total derivative assets		$	0.1		$	0.7		$	0.2

Effect of Derivatives on the Statement of Operations

Effect of Derivatives on the Statement of Operations - Derivatives Designated as Hedging Instruments

(In millions)		Amount of Pretax (Loss) due to Ineffectiveness Recognized in Income
Derivative type	Location of Pretax (Loss) due to Ineffectiveness Recognized in Income	Fiscal Six Months Ended June 30, 2012				Fiscal Six Months Ended July 2, 2011
Interest rate swap contracts	Interest expense		$	(1.3	)		$	(1.2	)

(In millions)	Amount of Pretax Gain (Loss) Recognized in Other Comprehensive Income								Amount of Pretax (Loss) Reclassified from Other Comprehensive Income into Income
Derivative type	Fiscal Six Months Ended June 30, 2012			Fiscal Six Months Ended July 2, 2011				Location of Pretax (Loss) Reclassified from Other Comprehensive Income into Income	Fiscal Six Months Ended June 30, 2012				Fiscal Six Months Ended July 2, 2011
Canadian Dollar - U.S. Dollar forward contracts		$	0.2		$	(0.6	)	Cost of sales		$	(0.1	)		$	(0.4	)

Effect of Derivatives on the Statement of Operations - Derivatives Not Designated as Hedging Instruments

(In millions)		Amount of Pretax Gain (Loss) Recognized in Income
Derivative type	Location of Pretax (Loss) Recognized in Income	Fiscal Six Months Ended June 30, 2012				Fiscal Six Months Ended July 2, 2011
British Pound - Euro forward contracts	Selling, general and administrative expenses		$	-			$	0.1
Interest rate cap contract	Interest expense			(0.2	)			(0.7	)