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DERIVATIVES AND RISK MANAGEMENT (Details)
$ in Thousands, € in Millions, ¥ in Millions, £ in Millions, MXN in Millions, CAD in Millions, AUD in Millions
3 Months Ended 6 Months Ended
Mar. 20, 2015
Jul. 04, 2015
USD ($)
Jul. 05, 2014
USD ($)
Jul. 04, 2015
USD ($)
Jul. 05, 2014
USD ($)
Jul. 04, 2015
MXN
Jul. 04, 2015
JPY (¥)
Jul. 04, 2015
GBP (£)
Jul. 04, 2015
EUR (€)
Jul. 04, 2015
CAD
Jul. 04, 2015
AUD
Jul. 04, 2015
USD ($)
Mar. 09, 2015
USD ($)
DERIVATIVES AND RISK MANAGEMENT                          
Maximum period of future intercompany purchases       24 months                  
Forecasted purchases to manage fluctuations (as a percent)           85.00% 85.00% 85.00% 85.00% 85.00% 85.00% 85.00%  
Hedges resulted ineffectiveness   $ 0 $ 0 $ 0 $ 0                
Derivatives                          
Gains or losses reclassified into earnings   54,648 52,517 92,718 118,860                
Derivatives Designated as Cash Flow Hedges                          
Derivatives                          
Term of interest rate swap agreement 10 years                        
Derivatives Designated as Cash Flow Hedges | Amount Reclassified from AOCI                          
Derivatives                          
Gains or losses reclassified into earnings   0 0 0 0                
U.S. term loan                          
Derivatives                          
Maximum borrowing capacity                         $ 231,300
Forward contracts | Net Investment Hedges                          
Derivatives                          
Hedged amount | €                 € 25.0        
Forward contracts | Designated as cash flow hedges | Euro                          
Derivatives                          
Notional amount                 € 209.3     $ 250,200  
Forward contracts | Designated as cash flow hedges | British pound                          
Derivatives                          
Notional amount               £ 41.9       65,900  
Forward contracts | Designated as cash flow hedges | Canadian dollar                          
Derivatives                          
Notional amount                   CAD 51.5   42,900  
Forward contracts | Designated as cash flow hedges | Japanese yen                          
Derivatives                          
Notional amount             ¥ 3,788.1         32,700  
Forward contracts | Designated as cash flow hedges | Mexican peso                          
Derivatives                          
Notional amount           MXN 306.6           19,900  
Forward contracts | Designated as cash flow hedges | Australian dollar                          
Derivatives                          
Notional amount                     AUD 19.0 $ 14,700  
Forward contracts | Not designated as hedging instruments                          
Derivatives                          
Total gain recognized in income   $ (9) $ 0 $ 80 $ (148)                
Interest rate swap | Designated as cash flow hedges                          
Derivatives                          
Term of interest rate swap agreement       5 years                  
Fixed interest rate swap (as a percent)           1.288% 1.288% 1.288% 1.288% 1.288% 1.288% 1.288%  
Description of base rate       1-month London Interbank Offer Rate ("LIBOR") based variable rate                  
Total gain recognized in income       $ 3,300                  
S Keren Watch Group (SKWG) | Forward contracts | Not designated as hedging instruments                          
Derivatives                          
Fair value of derivative                       $ 100  
Consolidated leverage ratio (the Ratio) less than 1.00 to 1.00 | Interest rate swap | Designated as cash flow hedges                          
Derivatives                          
Applicable margin based on the Company's consolidated leverage ratio (as a percent)       1.25%                  
Consolidated leverage ratio used to calculate variable rate of debt (as a percent)           1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%  
Consolidated leverage ratio (the Ratio) greater than 2.00 to 1.00 | Interest rate swap | Designated as cash flow hedges                          
Derivatives                          
Applicable margin based on the Company's consolidated leverage ratio (as a percent)       2.00%                  
Consolidated leverage ratio used to calculate variable rate of debt (as a percent)           2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%