Financial Instruments (Tables)

6 Months Ended

Jul. 01, 2012

Fair Values Of Derivative Instruments Designated As Hedging Instruments

The following table presents the location and fair values of derivative instruments designated as hedging instruments in the condensed consolidated balance sheet as of July 1, 2012 and December 31, 2011:

	July 1, 2012 Fair Value		December 31, 2011 Fair Value
	(Dollars in thousands)
Asset derivatives:
Foreign exchange contracts:
Other assets—current	$	572	$	204
Total asset derivatives	$	572	$	204
Liability derivatives:
Foreign exchange contracts:
Derivative liabilities—current	$	1,669	$	633
Total liability derivatives	$	1,669	$	633

After Tax Gain/(Loss) Recognized In OCI

The following table provides information as to the gains and losses attributable to derivatives in cash flow hedging relationships that were reported in other comprehensive income (“OCI”), and the location and amount of gains and losses attributable to such derivatives that were reclassified from accumulated other comprehensive income (“AOCI”) in the condensed consolidated statement of income for the three and six months ended July 1, 2012 and June 26, 2011:

	After Tax Gain/(Loss) Recognized in OCI
	Three Months Ended						Six Months Ended
	July 1, 2012			June 26, 2011			July 1, 2012			June 26, 2011
	(Dollars in thousands)
Interest rate swap	$	2,317		$	1,694		$	4,703		$	3,351
Foreign exchange contracts		(471	)		(275	)		(397	)		(26	)
Total	$	1,846		$	1,419		$	4,306		$	3,325

Pre-Tax (Gain)/Loss Reclassified From AOCI Into Income

	Pre-Tax (Gain)/Loss Reclassified from AOCI into Income
	Three Months Ended					Six Months Ended
	July 1, 2012		June 26, 2011			July 1, 2012			June 26, 2011
	(Dollars in thousands)
Interest rate swap:
Interest expense	$	3,643	$	3,935		$	7,394		$	7,655
Foreign exchange contracts:
Cost of goods sold		130		(78	)		(767	)		(662	)
Income from discontinued operations		—		(333	)		—			(768	)
Total	$	3,773	$	3,524		$	6,627		$	6,225