Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2011

Derivative Instruments and Hedging Activities [Abstract]

Summary of derivative instruments activities in statement of financial position

Derivative instruments designated as cash flow hedges under ASC 815 are reflected in the Consolidated Financial Statements as follows:

	December 31, 2011
(In thousands)	Location		Fair value
Commodity contracts	Other current assets:	Gain positions	$	85
		Loss positions		(25	)
	Other current liabilities:	Gain positions		339
		Loss positions		(1,078	)

	December 25, 2010
(In thousands)	Location		Fair value
Commodity contracts	Other current assets:	Gain positions	$	891

Summary of derivative instruments activities in statement of financial performance

The following tables summarize activities related to the Company's derivative instruments, classified as cash flow hedges in accordance with ASC 815:

	Gain (Loss) Recognized in Accumulated OCI (Effective Portion), Net of Tax
			For the Year Ended
(In thousands)			December 31, 2011				December 25, 2010
Commodity contracts		$		(427	)	$		1,684

	(Gain) Loss Reclassified from Accumulated OCI into Income (Effective Portion), Net of Tax
		For the Year Ended
(In thousands)	Location	December 31, 2011			December 25, 2010
Commodity contracts	Cost of goods sold	$	(561	)	$	(1,308	)

Schedule of fair value hedges

The following tables summarize the gains (losses) on the Company's fair value hedges:

	Gains (Losses) on Fair Value Hedges for the Year Ended December 31, 2011
	Location	Amount
(In thousands)
Gain on the derivatives in designated and qualifying fair value hedges:
Commodity Contracts	Cost of goods sold	$	4,509
(Loss) on the hedged item in designated and qualifying fair value hedges:
Inventory	Cost of goods sold	$	(4,344	)