XML 50 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair value measurement (Tables)
 9 Months Ended
Sep. 30, 2012
Financial Assets And Liabilities Carried At Fair Value Measured On A Recurring Basis

The following tables provide information regarding the financial assets and liabilities carried at fair value measured on a recurring basis as of September 30, 2012 and September 25, 2011:

 

     Total carrying
value at
September 30,
2012		      Quoted prices in
active markets
(Level 1)		      Significant other
observable inputs
(Level 2)		      Significant
unobservable
inputs (Level 3)		  
     (Dollars in thousands)  

Investments in marketable securities

    $ 4,781       $ 4,781       $ —         $ —     

Derivative assets

      447         —           447         —     

Derivative liabilities

      957         —           957         —     

Contingent consideration liabilities

      58,885         —           —           58,885   

 

     Total carrying
value at
September 25,
2011		      Quoted prices in
active markets
(Level 1)		      Significant other
observable
inputs
(Level 2)		      Significant
unobservable
inputs (Level 3)		  
     (Dollars in thousands)  

Cash and cash equivalents

    $ 45,004       $ 45,004       $ —         $ —     

Investments in marketable securities

      3,762         3,762         —           —     

Bonds — foreign government

      4,976         —           4,976         —     

Derivative assets

      66         —           66         —     

Derivative liabilities

      15,566         —           15,566         —     

Contingent consideration liabilities

      9,566         —           —           9,566   
Schedule Of Reconciliation Of Changes In Level 3 Financial Liabilities Measured At Fair Value On A Recurring Basis

The following table provides information regarding changes in Level 3 financial liabilities during the periods ended September 30, 2012 and September 25, 2011:

 

     Contingent consideration  
           2012                 2011        
     (Dollars in thousands)  

Beginning balance

    $ 9,676      $ —     

Initial estimate upon acquisition

      55,773        15,400   

Payment

      (7,000 )      (6,000 ) 

Revaluations

      461        166   

Translation adjustment

      (25 )      —     
  

 

 

    

 

 

  

Ending balance

    $ 58,885      $ 9,566   
  

 

 

    

 

 

  
Schedule Of Fair Value Of Debt

determining the market interest yield curve. The following table provides the fair value of the Company’s debt by fair value hierarchy level as of September 30, 2012:

 

     Fair value of debt  
     (Dollars in thousands)  

Level 1

    $ 773,404   

Level 2

      381,678   
  

 

 

  

Total

    $ 1,155,082