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Fair Value of Financial Instruments (Tables)
 9 Months Ended
Sep. 26, 2012
Fair Value of Financial Instruments [Abstract]  
Financial assets and liabilities measured at fair value on a recurring and nonrecurring basis
Financial assets and liabilities measured at fair value on a recurring basis are summarized below:
 
 
 
Fair Value Measurements as of September 26, 2012
 
 
Total
 
 
Quoted Prices in Active Markets for
Identical Assets/Liabilities
(Level 1)
 
 
Significant Other
Observable Inputs
(Level 2)
 
 
Significant
Unobservable Inputs
(Level 3)
 
Valuation
Technique
 
 
(In thousands)
 
 
Deferred compensation plan investments 
 
$
6,112
 
 
$
6,112
 
 
$
—
 
 
$
—
 
market approach
Interest rate caps
 
$
8
 
 
$
—
 
 
$
8
 
 
$
—
 
income approach
Total
 
$
6,120
 
 
$
6,112
 
 
$
8
 
 
$
—
 
 
 
 
Fair Value Measurements as of December 28, 2011
 
 
Total
 
 
Quoted Prices in Active Markets for Identical Assets/Liabilities
(Level 1)
 
 
Significant
Other
Observable
Inputs
(Level 2)
 
 
Significant Unobservable Inputs
(Level 3)
 
Valuation Technique
 
 
(In thousands)
 
 
Deferred compensation plan investments 
 
$
4,935
 
 
$
4,935
 
 
$
—
 
 
$
—
 
market approach
Total
 
$
4,935
 
 
$
4,935
 
 
$
—
 
 
$
—
 
 
 
Those assets and liabilities measured at fair value on a nonrecurring basis are summarized below:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value Measurements as of September 26, 2012
 
Total
 
Quoted Prices in Active Markets for Identical Assets/Liabilities
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
 
Valuation Technique
 
(In thousands)
 
 
Assets held for sale (1)
$
1,480

 
$
—

 
$
1,480

 
$
—

 
market approach
Total
$
1,480

 
$
—

 
$
1,480

 
$
—

 
 

  
(1)
During the third quarter of 2012, assets held for sale with a carrying amount of $3.9 million were written down to their fair value of $1.5 million. Impairment charges of $2.4 million were recognized as a component of operating (gains), losses and other charges, net in our Condensed Consolidated Statements of Comprehensive Income.