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Financial instruments (Tables)
6 Months Ended
Jun. 28, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Values of Derivative Instruments Designated as Hedging Instruments
The following table presents the location and fair value of derivative instruments designated as hedging instruments in the condensed consolidated balance sheet as of June 28, 2015 and December 31, 2014:
 
June 28, 2015
 
December 31, 2014
 
Fair Value
 
Fair Value
 
(Dollars in thousands)
Asset derivatives:
 
 
 
Foreign currency forward contracts:
 

 
 

Prepaid expenses and other current assets
$
419

 
$

Total asset derivatives
$
419

 
$

Liability derivatives:
 
 
 
Foreign currency forward contracts:
 

 
 

Other current liabilities
$
1,808

 
$

Total liability derivatives
$
1,808

 
$

After Tax Gain/(Loss) Recognized in OCI
The following table provides information as to the gains attributable to derivatives in cash flow hedging relationships that were reported in other comprehensive income (loss) (“OCI”) for the three and six months ended June 28, 2015 and June 29, 2014:
 
After Tax Gain (Loss) Recognized in OCI
 
Three Months Ended
 
Six Months Ended
 
June 28, 2015
 
June 29, 2014
 
June 28, 2015
 
June 29, 2014
 
(Dollars in thousands)
Foreign currency forward contracts
$
(803
)
 
$
73

 
$
(759
)
 
$
143

Total
$
(803
)
 
$
73

 
$
(759
)
 
$
143

Aggregate Accounts Receivable, Net of Allowance for Doubtful Accounts

June 28, 2015

December 31, 2014

(Dollars in thousands)
Current and long-term accounts receivable (net of allowances of $7.7 million and $8.1 million at June 28, 2015 and December 31, 2014, respectively) in Greece, Italy, Spain and Portugal (1)
$
76,384


$
76,190

Percentage of total net current and long-term accounts receivable - Greece, Italy, Spain and Portugal
26.5
%

27.3
%
 
(1) The long-term portion of accounts receivable, net from customers in Greece, Italy, Spain and Portugal at June 28, 2015 and December 31, 2014 was $9.1 million and $11.3 million, respectively, and is reported on the condensed consolidated balance sheet in other assets.