Quarterly report pursuant to Section 13 or 15(d)

Derivative Financial Instruments (Tables)

v2.4.0.8
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 28, 2014
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Activity in AOCI Related to Derivatives

Activity in AOCI related to these derivatives is summarized below:

 


     Six Months Ended     Three Months Ended  
(In thousands)    June 28,
2014		     June 29,
2013		     June 28,
2014		     June 29,
2013		  

Derivative balance at the beginning of the period in AOCI

    $ (69 )    $ (142 )    $ (49 )    $ (127 ) 

Net deferral in AOCI of derivatives:

         

Net increase in fair value of derivatives

      (45 )      (11 )      (59 )      3   

Tax effect

      15        4        19        (1 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  
     (30 )      (7 )      (40 )      2   
  

 

 

    

 

 

    

 

 

    

 

 

  

Net reclassification from AOCI into earnings:

         

Reclassification from AOCI into earnings – interest expense

      34        70        17        33   

Tax effect

      (12 )      (25 )      (5 )      (12 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  
     22        45        12        21   
  

 

 

    

 

 

    

 

 

    

 

 

  

Net change in derivatives for the period

      (8 )      38        (28 )      23   
  

 

 

    

 

 

    

 

 

    

 

 

  

Derivative balance at the end of the period in AOCI

    $ (77 )    $ (104 )    $ (77 )    $ (104