Derivatives and Risk Management (Tables)

12 Months Ended

Dec. 29, 2012

Schedule of outstanding forward contracts

As of December 29, 2012, the Company had the following outstanding forward contracts that were entered into to hedge the future payments of intercompany inventory transactions (in thousands):

Functional Currency			Contract Currency

Type	Amount		Type	Amount
Euro		144,875	U.S. Dollar		188,388
British Pound		15,805	U.S. Dollar		25,059
Japanese Yen		1,966,700	U.S. Dollar		24,648
Canadian Dollar		21,075	U.S. Dollar		20,955
Mexican Peso		153,033	U.S. Dollar		11,500
Australian Dollar		10,400	U.S. Dollar		10,643

Schedule of effective portion of gains and losses on derivative instruments recognized in other comprehensive income (loss), net of taxes

The effective portion of gains and losses on derivative instruments that was recognized in other comprehensive income (loss), net of taxes during fiscal years 2012 and 2011 is set forth below (in thousands):

Derivatives Designated as Cash Flow Hedges Under ASC 815	For the Fiscal Year Ended December 29, 2012		For the Fiscal Year Ended December 31, 2011

Foreign exchange contracts	$	426	$	280

Total gain recognized in other comprehensive income (loss), net of taxes	$	426	$	280

Schedule of effective portion of gains and losses on derivative instruments recorded in other income comprehensive (loss) , net of taxes during the term of the hedging relationship and reclassified into earnings

The following table illustrates the effective portion of gains and losses on derivative instruments designated and qualifying as cash flow hedges recorded in other comprehensive income (loss), net of taxes during the term of the hedging relationship and reclassified into earnings, and gains and losses on derivatives not designated as hedging instruments recorded directly to earnings during fiscal years 2012 and 2011 (in thousands):

Foreign Exchange Contracts Under ASC 815	Consolidated Statements of Comprehensive Income Location		For the Fiscal Year Ended December 29, 2012		For the Fiscal Year Ended December 31, 2011

Cash flow hedging instruments	Other income (expense)—net	Total gain (loss) reclassified from other comprehensive income (loss), net of taxes into income, net of taxes	$	5,045	$	(9,629	)

Not designated as hedging instruments	Other income (expense)—net	Total gain recognized in income	$	527	$	0

Schedule of fair value amounts for derivative instruments as separate asset and liability values on a gross basis and their location on condensed consolidated balance sheets

The following table discloses the fair value amounts for the Company's derivative instruments as separate asset and liability values, presents the fair value of derivative instruments on a gross basis, and identifies the line items in the Company's consolidated balance sheets in which the fair value amounts for these categories of derivative instruments are included (in thousands):

	Asset Derivatives						Liability Derivatives

	December 29, 2012			December 31, 2011			December 29, 2012			December 31, 2011
Foreign Exchange Contracts Under ASC 815	Consolidated Balance Sheets Location	Fair Value		Consolidated Balance Sheets Location	Fair Value		Consolidated Balance Sheets Location	Fair Value		Consolidated Balance Sheets Location	Fair Value
Cash flow hedging instruments	Prepaid expenses and other current assets	$	2,336	Prepaid expenses and other current assets	$	9,719	Accrued expenses—other	$	4,560	Accrued expenses—other	$	3,204
Cash flow hedging instruments	Intangible and other assets—net		240	Intangible and other assets—net		895	Other long-term liabilities		582	Other long-term liabilities		382

Total		$	2,576		$	10,614		$	5,142		$	3,586

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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