v2.4.0.8
Foreign Currency and Other, Net
 12 Months Ended
Dec. 28, 2013
Foreign Currency [Abstract]  
Foreign Currency and Other, Net
Foreign Currency and Other, Net
Transactions that are denominated in a currency other than an entity's functional currency are subject to changes in exchange rates with the resulting gains and losses recorded within current earnings. The Company includes these gains and losses related to intercompany loans and debt as well as other non-operating activities as a component of Other income (expense).
Amounts associated with these components for the respective periods are as follows:
 
Successor
 
 
Predecessor
In thousands
Fiscal Year Ended
December 28,
2013
 
Fiscal Year
Ended
December 29,
2012
 
Eleven Months
Ended
December 31,
2011
 
 
One Month
Ended
January 28,
2011
Foreign currency gains (losses)
$
(6,689
)
 
$
(3,433
)
 
$
(715
)
 
 
$
(150
)
Other non-operating income (expense)
(5,496
)
 
(1,701
)
 
(17,921
)
 
 
68

Total
$
(12,185
)
 
$
(5,134
)
 
$
(18,636
)
 
 
$
(82
)
In connection with the refinancing of the Bridge Facilities with the Term Loans, we recognized a loss on the extinguishment of debt of $3.3 million during the fourth quarter of 2013. This amount represented debt issuance costs that were previously capitalized and required to be written off upon the refinancing. During the eleven months ended December 31, 2011, the Company recognized a loss of $18.6 million. Amounts associated with foreign currency losses totaled $0.7 million and other non-operating expenses were $1.3 million. In addition, the Company wrote-off a $16.6 million tax indemnification asset that was established during the Merger.