Financial instruments (Tables)

9 Months Ended

Sep. 29, 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 September 29, 2013 and December 31, 2012:

	September 29, 2013 Fair Value		December 31, 2012 Fair Value
	(Dollars in thousands)
Asset derivatives:
Foreign exchange contracts:
Prepaid expenses and other current assets	$	184	$	1,279
Total asset derivatives	$	184	$	1,279
Liability derivatives:
Foreign exchange contracts:
Other current liabilities	$	1,171	$	598
Total liability derivatives	$	1,171	$	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 nine months ended September 29, 2013 and September 30, 2012:

	After Tax Gain/(Loss) Recognized in OCI
	Three Months Ended					Nine Months Ended
	September 29, 2013			September 30, 2012		September 29, 2013			September 30, 2012
	(Dollars in thousands)
Interest rate swap	$	—		$	2,329	$	—		$	7,032
Foreign exchange contracts		(40	)		377		(52	)		(20	)
Total	$	(40	)	$	2,706	$	(52	)	$	7,012

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 September 29, 2013 and December 31, 2012 are as follows:

	September 29, 2013			December 31, 2012
	(Dollars in thousands)
Accounts receivable (net of allowances of $8.4 million and $6.3 million at September 29, 2013 and December 31, 2012, respectively) in Spain, Italy, Greece and Portugal	$	106,571		$	101,009
Percentage of total accounts receivable, net		34	%		34	%