Borrowings (Tables)

9 Months Ended

Sep. 29, 2013

Components of Long-Term Debt

The components of long-term debt at September 29, 2013 and December 31, 2012 are as follows:

	September 29, 2013			December 31, 2012
	(Dollars in thousands)
Senior Credit Facility:
Revolving credit facility, at a rate of 1.93% at September 29, 2013, due 7/16/2018	$	382,000		$	—
Term loan facility, at a rate of 2.75% at December 31, 2012, due 10/1/2014		—			375,000
3.875% Convertible Senior Subordinated Notes due 2017		400,000			400,000
6.875% Senior Subordinated Notes due 2019		250,000			250,000
		1,032,000			1,025,000
Less: Unamortized debt discount on 3.875% Convertible Senior Subordinated Notes due 2017		(51,312	)		(59,720	)
	$	980,688		$	965,280

Fair Value of Debt

The following table provides the fair value of the Company’s debt as of September 29, 2013, categorized by fair value hierarchy level (see Note 12, “Fair value measurement,” in the Company’s annual report on Form 10-K for the year ended December 31, 2012 for further information) :

	Fair value of debt
	(Dollars in thousands)
Level 1	$	824,748
Level 2		367,918
Total	$	1,192,666

Aggregate Amounts of Long-Term Debt

As of September 29, 2013, the aggregate amounts of long-term debt, demand loans and debt under the Company’s securitization program that will mature during the remainder of 2013, during each of the next three fiscal years and thereafter were as follows:

	(Dollars in thousands)
2013	$	4,700
2014		—
2015		—
2016		—
2017 and thereafter		1,032,000