Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 29, 2012

Derivative Instruments and Hedging Activities [Abstract]

Derivative instruments designated as cash flow hedges reflected in the financial statements

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

	December 29, 2012
(In thousands)	Location		Fair value
Commodity contracts	Other current liabilities:	Gain positions	$	172
		Loss positions		(420	)
	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	)

Summary of activities related to derivative instruments classified as cash flow hedges

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

	Loss Recognized in Accumulated OCI (Effective Portion), Net of Tax
		For the Year Ended
(In thousands)		December 29, 2012			December 31, 2011
Commodity contracts		$	(214	)	$	(427	)

	Loss (Gain) Reclassified from Accumulated OCI into Income (Effective Portion), Net of Tax
		For the Year Ended
(In thousands)	Location	December 29, 2012		December 31, 2011
Commodity contracts	Cost of goods sold	$	469	$	(561	)

Schedule of fair value hedges

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

	Gains (Losses) on Fair Value Hedges for the Year Ended December 29, 2012
(In thousands)	Location	Amount
(Loss) on the derivatives in designated and qualifying fair value hedges:
Commodity Contracts	Cost of goods sold	$	(301	)
Gain on the hedged item in designated and qualifying fair value hedges:
Inventory	Cost of goods sold	$	182

	Gains (Losses) on Fair Value Hedges for the Year Ended December 31, 2011
(In thousands)	Location	Amount
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	)