Financial instruments (Tables)

3 Months Ended

Mar. 29, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Values of Derivative Instruments Designated as Hedging Instruments

The following table presents the location and fair value of derivative instruments designated as hedging instruments in the condensed consolidated balance sheet as of March 29, 2015 and December 31, 2014:



	March 29, 2015		December 31, 2014
	Fair Value		Fair Value
	(Dollars in thousands)
Asset derivatives:
Foreign currency forward contracts:
Prepaid expenses and other current assets	$	1,737	$	—
Total asset derivatives	$	1,737	$	—
Liability derivatives:
Foreign currency forward contracts:
Other current liabilities	$	1,553	$	—
Total liability derivatives	$	1,553	$	—

After Tax Gain/(Loss) Recognized in OCI

The following table provides information as to the gains attributable to derivatives in cash flow hedging relationships that were reported in other comprehensive (loss) income (“OCI”) for the three months ended March 29, 2015 and March 30, 2014:



	After Tax Gain Recognized in OCI
	Three Months Ended
	March 29, 2015		March 30, 2014
	(Dollars in thousands)
Foreign currency forward contracts	$	44	$	70
Total	$	44	$	70

Aggregate Accounts Receivable, Net of Allowance for Doubtful Accounts

The aggregate net current and long-term accounts receivable for customers in Greece, Italy, Spain and Portugal and the percentage of the Company’s total net current and long-term accounts receivable represented by the net current and long-term accounts receivable for customers in those countries at March 29, 2015 and December 31, 2014 are as follows:



	March 29, 2015			December 31, 2014
	(Dollars in thousands)
Current and long-term accounts receivable (net of allowances of $7.1 million and $8.1 million at March 29, 2015 and December 31, 2014, respectively) in Greece, Italy, Spain and Portugal (1)	$	76,322		$	76,190
Percentage of total net current and long-term accounts receivable	26.6		%	27.3		%

(1)The long-term portion of accounts receivable, net from customers in Greece, Italy, Spain and Portugal at March 29, 2015 and December 31, 2014 was $10.3 million and $11.3 million, respectively, and is reported on the condensed consolidated balance sheet in other assets