Financial instruments (Tables)

3 Months Ended

Mar. 31, 2013

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 March 31, 2013 and December 31, 2012:

	March 31, 2013 Fair Value		December 31, 2012 Fair Value
	(Dollars in thousands)
Asset derivatives:
Foreign exchange contracts:
Prepaid expenses and other current assets	$	1,285	$	1,279
Total asset derivatives	$	1,285	$	1,279
Liability derivatives:
Foreign exchange contracts:
Other current liabilities	$	662	$	598
Total liability derivatives	$	662	$	598

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”) for the three months ended March 31, 2013 and April 1, 2012:

	After Tax Gain/(Loss) Recognized in OCI
	March 31, 2013		April 1, 2012
	(Dollars in thousands)
Interest rate contracts	$	—	$	2,386
Foreign exchange contracts		180		74
Total	$	180	$	2,460

Aggregate Accounts Receivable, Net of Allowance for Doubtful Accounts

The Company’s aggregate accounts receivable, net of the allowance for doubtful accounts, in Spain, Italy, Greece and Portugal as a percent of the Company’s total accounts receivable at the end of the period are as follows:

	March 31, 2013			December 31, 2012
	(Dollars in thousands)
Accounts receivable (net of allowances of $7.1 million and $6.3 million at March 31, 2013 and December 31, 2012, respectively) in Spain, Italy, Greece and Portugal	$	112,503		$	101,009
Percentage of total accounts receivable, net		37	%		34	%