Financial instruments (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2013 and December 31, 2012:

	June 30, 2013 Fair Value		December 31, 2012 Fair Value
	(Dollars in thousands)
Asset derivatives:
Foreign exchange contracts:
Prepaid expenses and other current assets	$	466	$	1,279
Total asset derivatives	$	466	$	1,279
Liability derivatives:
Foreign exchange contracts:
Other current liabilities	$	1,212	$	598
Total liability derivatives	$	1,212	$	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 and six months ended June 30, 2013 and July 1, 2012:

	After Tax Gain/(Loss) Recognized in OCI
	Three Months Ended						Six Months Ended
	June 30, 2013			July 1, 2012			June 30, 2013			July 1, 2012
	(Dollars in thousands)
Interest rate swap	$	—		$	2,317		$	—		$	4,703
Foreign exchange contracts		(192	)		(471	)		(12	)		(397	)
Total	$	(192	)	$	1,846		$	(12	)	$	4,306

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 and the percentage of the Company’s total accounts receivable, net of the allowance for doubtful accounts, represented by the net accounts receivable in those countries at June 30, 2013 and December 31, 2012 are as follows:

	June 30, 2013			December 31, 2012
	(Dollars in thousands)
Accounts receivable (net of allowances of $7.9 million and $6.3 million at June 30, 2013 and December 31, 2012, respectively) in Spain, Italy, Greece and Portugal	$	113,494		$	101,009
Percentage of total accounts receivable, net		36	%		34	%