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Derivatives (Tables)
 6 Months Ended
Jun. 29, 2013
Derivatives [Abstract]  
Fair value of derivative instruments
The following table summarizes the fair value of the Company's derivative instruments designated and not designated as hedging instruments, the notional values of the associated derivative contracts, and the location of these instruments in the condensed consolidated balance sheet:

 
 
 
June 29, 2013
  
December 29, 2012
 
                                           Balance Sheet
 
Asset
  
Notional
  
Asset
  
Notional
 
(In thousands)
Location
 
(Liability) (a)
  
Amount (b)
  
(Liability) (a)
  
Amount
 
Derivatives Designated as Hedging Instruments:
 
  
  
  
 
Derivatives in an Asset Position:
 
 
  
  
  
 
Forward currency-exchange contracts
Other Current Assets
 
$
–
  
$
–
  
$
5
  
$
269
 
Derivatives in a Liability Position:
 
                
Forward currency-exchange contracts
Other Current Liabilities
 
$
(160
)
 
$
2,629
  
$
(161
)
 
$
3,180
 
Interest rate swap agreement
Other Current Liabilities
 
$
–
  
$
–
  
$
(19
)
 
$
–
 
Interest rate swap agreement
Other Long-Term Liabilities
 
$
(826
)
 
$
6,625
  
$
(1,029
)
 
$
6,875
 
 
 
                
Derivatives Not Designated as Hedging Instruments:
                
Derivatives in an Asset Position:
 
                
Forward currency-exchange contracts
Other Current Assets
 
$
15
  
$
962
  
$
24
  
$
1,013
 
Derivatives in a Liability Position:
 
                
Forward currency-exchange contracts
Other Current Liabilities
 
$
–
  
$
–
  
$
(12
)
 
$
815
 

(a)See Note 11 for the fair value measurements related to these financial instruments.
(b)The total notional amount is indicative of the level of the Company's derivative activity during the first six months of 2013.
Activity in accumulated other comprehensive items (OCI)
The following table summarizes the activity in accumulated other comprehensive items (OCI) associated with the Company's derivative instruments designated as cash flow hedges as of and for the period ended June 29, 2013:

(In thousands)
 
Interest Rate Swap
Agreements
  
Forward Currency-
Exchange
Contracts
  
Total
 
Unrealized loss, net of tax, at December 29, 2012
 
$
(939
)
 
$
(107
)
 
$
(1,046
)
Loss reclassified to earnings (a)
  
271
   
55
   
326
 
Gain (Loss) recognized in OCI
  
17
   
(54
)
  
(37
)
Unrealized loss, net of tax, at June 29, 2013
 
$
(651
)
 
$
(106
)
 
$
(757
)
 
(a)     Included in interest expense and provision for income taxes for interest rate swap agreements and in revenues for forward currency-
exchange contracts in the accompanying condensed consolidated statement of income.