Borrowings (Tables)

6 Months Ended

Jun. 28, 2015

Debt Disclosure [Abstract]

Components of Long-Term Debt

The Company's borrowings at June 28, 2015 and December 31, 2014 are as follows:

	June 28, 2015			December 31, 2014
	(Dollars in thousands)
Senior Credit Facility:
Revolving credit facility, at a rate of 1.94% at June 28, 2015, due 2018	$	446,000		$	200,000
3.875% Convertible Senior Subordinated Notes due 2017	399,817			399,898
6.875% Senior Subordinated Notes due 2019	—			250,000
5.25% Senior Notes due 2024	250,000			250,000
Securitization program, at a rate of 0.94% at June 28, 2015	45,900			4,700
	1,141,717			1,104,598
Less: Unamortized debt discount on 3.875% Convertible Senior Subordinated Notes due 2017	(29,726		)	(36,197		)
	1,111,991			1,068,401
Current borrowings	(415,991		)	(368,401		)
Long-term borrowings	$	696,000		$	700,000

Fair Value of Long-Term Debt

The following table provides the fair value of the Company’s debt as of June 28, 2015 and December 31, 2014, categorized by the level of inputs within the fair value hierarchy used to measure fair value (see Note 10, “Fair value measurement,” in the Company’s annual report on Form 10-K for the year ended December 31, 2014 for further information):

	June 28, 2015		December 31, 2014
	(Dollars in thousands)
Level 1	$	878,638	$	1,024,806
Level 2	735,924		455,222
Total	$	1,614,562	$	1,480,028