Subsequent Events
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6 Months Ended |
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Jul. 02, 2011
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Subsequent Events [Abstract] | |
Subsequent Events |
Note 16 – Subsequent Events
Prior to the filing of this report, during the third quarter of 2011, the Company repurchased $32.6 million of its 2016 Notes, $17.0 million of its 2013 Notes and $2.5 million of its 7.375 percent Debentures due 2023. The Company will realize a loss on early extinguishment of debt of $11.9 million to be recorded during the third quarter of 2011.
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
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