Debt (Tables)

12 Months Ended

Dec. 28, 2013

Debt Disclosure [Abstract]

Components of Debt

Our total debt as of December 28, 2013 and December 29, 2012 was as follows

(in millions of U.S. dollars)	December 28, 2013			December 29, 2012
8.375% senior notes due in 20171		15.0			215.0
8.125% senior notes due in 2018		375.0			375.0
ABL facility		50.8			—
GE Term Loan		10.3			9.9
Capital leases and other debt financing		7.2			5.9
Total debt		458.3			605.8
Less: Short-term borrowings and current debt:
ABL facility		50.8			—
Total short-term borrowings		50.8			—
GE Term Loan - current maturities		1.9			0.9
Capital leases and other financing - current maturities		2.0			1.0
Total current debt		54.7			1.9
Long-term debt before discount		403.6			603.9
Less discount on 8.375% notes		(0.1	)		(2.1	)
Total long-term debt	$	403.5		$	601.8

^1.  Our 8.375% senior notes were issued at a discount of 1.425% on November 13, 2009.

Schedule of Long Term Debt Payments in Each of Next Five Years and Thereafter

The long-term debt payments (which include current maturities of long-term debt) required in each of the next five years and thereafter are as follows:

(in millions of U.S. dollars)	Long Term Debt (incl. current)
2014	$	54.7
2015		4.2
2016		3.5
2017		17.8
2018		377.2
Thereafter		0.9
	$	458.3

Schedule of Effective Interest Rate on LIBOR and Prime Loans Based on Average Aggregate Availability

The effective interest rate as of December 28, 2013 on LIBOR and Prime loans is based on average aggregate availability as follows:

Average Aggregate Availability (in millions of U.S. dollars)	ABR Spread			Canadian Prime Spread			Eurodollar Spread			CDOR Spread			Overnight LIBOR
Over $150		0.25	%		0.25	%		1.75	%		1.75	%		1.75	%
$75 - $150		0.50	%		0.50	%		2.00	%		2.00	%		2.00	%
Under $75		0.75	%		0.75	%		2.25	%		2.25	%		2.25	%