XML 55 R68.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed consolidating guarantor financial information Condensed consolidating statements of income and comprehensive income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2015
Jun. 29, 2014
Jun. 28, 2015
Jun. 29, 2014
Condensed Income Statements, Captions [Line Items]        
Net revenues $ 452,045 $ 468,105 $ 881,475 $ 906,651
Cost of goods sold 218,808 224,017 425,601 441,404
Gross profit 233,237 244,088 455,874 465,247
Selling, general and administrative expenses 142,228 146,843 281,925 287,140
Research and development expenses 13,443 14,870 26,327 28,932
Restructuring and impairment charges 580 7,623 5,028 15,403
Income from continuing operations before interest, extinguishment of debt and taxes 76,986 74,752 142,594 133,772
Interest, net 16,053 15,916 33,056 31,133
Interest income 154 146 323 333
Loss on extinguishment of debt, net 10,454 0 10,454 0
Income from continuing operations before taxes 50,479 58,836 99,084 102,639
(Benefit) taxes on income from continuing operations 5,280 10,006 14,612 18,540
Equity in net income of consolidated subsidiaries 0 0 0 0
Income from continuing operations 45,199 48,830 84,472 84,099
Operating loss from discontinued operations (145) (1,594) (644) (1,619)
Taxes on loss from discontinued operations 45 (469) 249 (369)
Loss from discontinued operations (190) (1,125) (893) (1,250)
Net income 45,009 47,705 83,579 82,849
Less: Income from continuing operations attributable to noncontrolling interests 446 453 664 639
Net income attributable to common shareholders 44,563 47,252 82,915 82,210
Other comprehensive income attributable to common shareholders 20,986 1,862 (60,215) 6,607
Comprehensive income attributable to common shareholders 65,549 49,114 22,700 88,817
Consolidation, Eliminations        
Condensed Income Statements, Captions [Line Items]        
Net revenues (93,916) (139,826) (187,548) (212,142)
Cost of goods sold (92,265) (129,020) (181,416) (201,874)
Gross profit (1,651) (10,806) (6,132) (10,268)
Selling, general and administrative expenses (243) 108 (83) 311
Research and development expenses 0 0 0 0
Restructuring and impairment charges 0 0 0 0
Income from continuing operations before interest, extinguishment of debt and taxes (1,408) (10,914) (6,049) (10,579)
Interest, net 0   0  
Loss on extinguishment of debt, net 0   0  
Income from continuing operations before taxes (1,408) (10,914) (6,049) (10,579)
(Benefit) taxes on income from continuing operations (159) (2,163) (1,270) (4,259)
Equity in net income of consolidated subsidiaries (131,332) (136,150) (260,657) (243,476)
Income from continuing operations (132,581) (144,901) (265,436) (249,796)
Operating loss from discontinued operations 0 0 0 0
Taxes on loss from discontinued operations 0 0 0 0
Loss from discontinued operations 0 0 0 0
Net income (132,581) (144,901) (265,436) (249,796)
Less: Income from continuing operations attributable to noncontrolling interests 0 0 0 0
Net income attributable to common shareholders (132,581) (144,901) (265,436) (249,796)
Other comprehensive income attributable to common shareholders (69,355) 8,591 137,134 (10,349)
Comprehensive income attributable to common shareholders (201,936) (136,310) (128,302) (260,145)
Parent Company        
Condensed Income Statements, Captions [Line Items]        
Net revenues 0 0 0 0
Cost of goods sold 0 0 0 0
Gross profit 0 0 0 0
Selling, general and administrative expenses 8,663 11,025 20,115 21,803
Research and development expenses 0 0 0 0
Restructuring and impairment charges 0 0 0 0
Income from continuing operations before interest, extinguishment of debt and taxes (8,663) (11,025) (20,115) (21,803)
Interest, net 33,358 35,155 67,718 68,881
Loss on extinguishment of debt, net 10,454   10,454  
Income from continuing operations before taxes (52,475) (46,180) (98,287) (90,684)
(Benefit) taxes on income from continuing operations (17,941) (15,710) (33,234) (31,130)
Equity in net income of consolidated subsidiaries 79,246 78,802 148,784 142,926
Income from continuing operations 44,712 48,332 83,731 83,372
Operating loss from discontinued operations (145) (1,594) (648) (1,619)
Taxes on loss from discontinued operations 4 (514) 168 (457)
Loss from discontinued operations (149) (1,080) (816) (1,162)
Net income 44,563 47,252 82,915 82,210
Less: Income from continuing operations attributable to noncontrolling interests 0 0 0 0
Net income attributable to common shareholders 44,563 47,252 82,915 82,210
Other comprehensive income attributable to common shareholders 20,986 1,862 (60,215) 6,607
Comprehensive income attributable to common shareholders 65,549 49,114 22,700 88,817
Guarantor Subsidiaries        
Condensed Income Statements, Captions [Line Items]        
Net revenues 269,703 290,280 533,864 552,705
Cost of goods sold 158,718 176,028 317,044 328,396
Gross profit 110,985 114,252 216,820 224,309
Selling, general and administrative expenses 82,844 76,575 167,112 157,970
Research and development expenses 4,894 12,885 16,021 24,895
Restructuring and impairment charges 591 8,679 4,330 8,491
Income from continuing operations before interest, extinguishment of debt and taxes 22,656 16,113 29,357 32,953
Interest, net (18,565) (20,740) (37,134) (40,647)
Loss on extinguishment of debt, net 0   0  
Income from continuing operations before taxes 41,221 36,853 66,491 73,600
(Benefit) taxes on income from continuing operations 14,917 13,535 25,909 30,753
Equity in net income of consolidated subsidiaries 51,964 57,250 111,654 100,358
Income from continuing operations 78,268 80,568 152,236 143,205
Operating loss from discontinued operations 0 0 0 0
Taxes on loss from discontinued operations 0 0 0 0
Loss from discontinued operations 0 0 0 0
Net income 78,268 80,568 152,236 143,205
Less: Income from continuing operations attributable to noncontrolling interests 0 0 0 0
Net income attributable to common shareholders 78,268 80,568 152,236 143,205
Other comprehensive income attributable to common shareholders 45,015 (2,607) (61,746) 4,621
Comprehensive income attributable to common shareholders 123,283 77,961 90,490 147,826
Non-Guarantor Subsidiaries        
Condensed Income Statements, Captions [Line Items]        
Net revenues 276,258 317,651 535,159 566,088
Cost of goods sold 152,355 177,009 289,973 314,882
Gross profit 123,903 140,642 245,186 251,206
Selling, general and administrative expenses 50,964 59,135 94,781 107,056
Research and development expenses 8,549 1,985 10,306 4,037
Restructuring and impairment charges (11) (1,056) 698 6,912
Income from continuing operations before interest, extinguishment of debt and taxes 64,401 80,578 139,401 133,201
Interest, net 1,260 1,501 2,472 2,899
Loss on extinguishment of debt, net 0   0  
Income from continuing operations before taxes 63,141 79,077 136,929 130,302
(Benefit) taxes on income from continuing operations 8,463 14,344 23,207 23,176
Equity in net income of consolidated subsidiaries 122 98 219 192
Income from continuing operations 54,800 64,831 113,941 107,318
Operating loss from discontinued operations 0 0 4 0
Taxes on loss from discontinued operations 41 45 81 88
Loss from discontinued operations (41) (45) (77) (88)
Net income 54,759 64,786 113,864 107,230
Less: Income from continuing operations attributable to noncontrolling interests 446 453 664 639
Net income attributable to common shareholders 54,313 64,333 113,200 106,591
Other comprehensive income attributable to common shareholders 24,340 (5,984) (75,388) 5,728
Comprehensive income attributable to common shareholders $ 78,653 $ 58,349 $ 37,812 $ 112,319