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Credit Agreement
3 Months Ended
Mar. 29, 2014
Debt Disclosure [Abstract]  
Credit Agreement
Credit Agreement:

The Senior Credit Facility provides for borrowings up to $250 million (with a sublimit of $20 million for swingline loans).  The Senior Credit Facility has an Increase Option for $150 million (subject to additional lender group commitments). This agreement is unsecured and matures in October 2016, with proceeds available to be used for working capital, capital expenditures, dividends, share repurchases and other matters.  The Company had $80 million and $105 million in borrowings under the Senior Credit Facility at March 29, 2014 and March 30, 2013, respectively. There were $42.6 million and $46.0 million outstanding letters of credit under the Senior Credit Facility as of March 29, 2014 and March 30, 2013, respectively. Borrowings bear interest at either the bank’s base rate (3.25% at March 29, 2014) or the London Inter-Bank Offer Rate ("LIBOR") (0.15% at March 29, 2014) plus an additional amount ranging from 0.40% to 1.00% per annum (0.50% at March 29, 2014), adjusted quarterly based on our leverage ratio.  The Company is also required to pay, quarterly in arrears, a commitment fee for unused capacity ranging from 0.08% to 0.20% per annum (0.10% at March 29, 2014), adjusted quarterly based on the Company's leverage ratio.  The agreement requires quarterly compliance with respect to fixed charge coverage and leverage ratios.  As of March 29, 2014, the Company was in compliance with all debt covenants.