Fair Value Measurements (Tables)

12 Months Ended

Jan. 03, 2015

Schedule of the fair value hierarchy of assets and liabilities measured at fair value on a recurring basis

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of January 3, 2015 (in thousands):

	Fair Value at January 3, 2015
	Level 1		Level 2		Level 3		Total
Assets:
Forward contracts	$	0	$	27,669	$	0	$	27,669
Deferred compensation plan assets:
Investment in publicly traded mutual funds		2,477		0		0		2,477
Interest rate swap		0		1,724		0		1,724

Total	$	2,477	$	29,393	$	0	$	31,870


Liabilities:
Contingent consideration	$	0	$	0	$	7,114	$	7,114
Interest rate swap		0		2,514		0		2,514

Total	$	0	$	2,514	$	7,114	$	9,628

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 28, 2013 (in thousands):

	Fair Value at December 28, 2013
	Level 1		Level 2		Level 3		Total
Assets:
Forward contracts	$	0	$	3,508	$	0	$	3,508
Deferred compensation plan assets:
Investment in publicly traded mutual funds		2,360		0		0		2,360
Interest rate swap		0		4,307		0		4,307

Total	$	2,360	$	7,815	$	0	$	10,175


Liabilities:
Contingent consideration	$	0	$	0	$	8,084	$	8,084
Forward contracts		0		8,214		0		8,214
Interest rate swap		0		4,476		0		4,476

Total	$	0	$	12,690	$	8,084	$	20,774

Schedule of the fair value hierarchy of assets and liabilities measured at fair value on a nonrecurring basis

The following tables present the fair value hierarchy for those assets and liabilities measured at fair value on a nonrecurring basis as of January 3, 2015 and December 28, 2013 (in thousands):

			Fair Value Measurements Using
	For the Fiscal Year Ended January 3, 2015		Fair Value Measurements Using						Total Impairment Charge
	For the Fiscal Year Ended January 3, 2015		Level 1		Level 2		Level 3		Total Impairment Charge
Assets:
Specific Company-owned stores	$	284	$	0	$	0	$	284	$	(9,266	)

			Fair Value Measurements Using:
	For the Fiscal Year Ended December 28, 2013		Fair Value Measurements Using:						Total Impairment Charge
	For the Fiscal Year Ended December 28, 2013		Level 1		Level 2		Level 3		Total Impairment Charge
Assets:
Specific Company-owned stores	$	668	$	0	$	0	$	668	$	(5,750	)