WW International (WW) 10-Q8 May 142014 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 29, 2014	Apr. 30, 2014
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	29-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Trading Symbol	'WTW	'
Entity Registrant Name	'WEIGHT WATCHERS INTERNATIONAL INC	'
Entity Central Index Key	'0000105319	'
Current Fiscal Year End Date	'--01-03	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	56,663,369

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 29, 2014		Dec. 28, 2013
In Thousands, unless otherwise specified	Mar. 29, 2014		Dec. 28, 2013
CURRENT ASSETS	'		'
Cash and cash equivalents	$231,633		$174,557
Receivables (net of allowances: March 29, 2014 - $3,905 and December 28, 2013 - $3,477)	40,443		36,248
Inventories	32,669		40,939
Deferred income taxes	24,509		24,457
Prepaid expenses and other current assets	38,770		39,524
TOTAL CURRENT ASSETS	368,024		315,725
Property and equipment, net	84,176		87,052
Franchise rights acquired	834,622		836,835
Goodwill	109,959		79,294
Trademarks and other intangible assets, net	43,349		45,297
Deferred financing costs, net	40,088		42,046
Other noncurrent assets	2,847		2,682
TOTAL ASSETS	1,483,065		1,408,931
CURRENT LIABILITIES	'		'
Portion of long-term debt due within one year	30,000		30,000
Accounts payable	55,849		45,496
Derivative payable	20,960		7,578
Accrued marketing and advertising	26,421		15,509
Other accrued liabilities	151,933		160,130
Income taxes payable	10,835		10,777
Deferred revenue	102,991		76,330
TOTAL CURRENT LIABILITIES	398,989		345,820
Long-term debt	2,352,000		2,358,000
Deferred income taxes	168,601		164,064
Other	16,258		15,669
TOTAL LIABILITIES	2,935,848		2,883,553
Redeemable noncontrolling interests	8,232		0
TOTAL DEFICIT	'		'
Common stock, $0 par value; 1,000,000 shares authorized; 111,988 shares issued	0		0
Treasury stock, at cost, 55,533 shares at March 29, 2014 and 55,562 shares at December 28, 2013	-3,255,285		-3,256,406
Retained earnings	1,794,310		1,773,267
Accumulated other comprehensive income	-40	[1]	8,517	[1]
TOTAL DEFICIT	-1,461,015		-1,474,622
TOTAL LIABILITIES AND TOTAL DEFICIT	$1,483,065		$1,408,931

[1]	Amounts in parentheses indicate debits

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 29, 2014	Dec. 28, 2013
In Thousands, except Per Share data, unless otherwise specified	Mar. 29, 2014	Dec. 28, 2013
Receivables, allowances	$3,905	$3,477
Common stock, par value	$0	$0
Common stock, shares authorized	1,000,000	1,000,000
Common stock, shares issued	111,988	111,988
Treasury stock, shares	55,533	55,562

CONSOLIDATED_STATEMENTS_OF_NET

CONSOLIDATED STATEMENTS OF NET INCOME (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 29, 2014	Mar. 30, 2013
Service revenues, net	$316,697	$371,501
Product sales and other, net	92,661	119,289
Revenues, net	409,358	490,790
Cost of services	144,609	154,670
Cost of product sales and other	41,849	52,483
Cost of revenues	186,458	207,153
Gross profit	222,900	283,637
Marketing expenses	115,335	122,201
Selling, general and administrative expenses	56,512	58,317
Operating income	51,053	103,119
Interest expense	25,262	22,550
Other expense, net	270	1,296
Gain on Brazil acquisition	-10,540	0
Income before income taxes	36,061	79,273
Provision for income taxes	14,530	30,520
Net income	$21,531	$48,753
Earnings per share	'	'
Basic	$0.38	$0.87
Diluted	$0.38	$0.87
Weighted average common shares outstanding	'	'
Basic	56,428	55,801
Diluted	56,506	56,245
Dividends declared per common share	$0	$0.18

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014		Mar. 30, 2013
Net income	$21,531		$48,753
Other comprehensive income:	'		'
Foreign currency translation adjustments	-1,300		-23
Income tax effect on foreign currency translation adjustments	925		-10
Foreign currency translation adjustments, net of taxes	-375		-33
Changes in loss on derivatives	-13,413		2,618
Income tax effect on changes in loss on derivatives	5,231		-1,021
Changes in loss on derivatives, net of taxes	-8,182		1,597
Net current period other comprehensive income (loss)	-8,557	[1]	1,564	[1]
Comprehensive income	$12,974		$50,317

[1]	Amounts in parentheses indicate debits

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014	Mar. 30, 2013
Operating activities:	'	'
Net income	$21,531	$48,753
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation and amortization	11,454	10,486
Amortization of deferred financing costs	1,959	1,783
Share-based compensation expense	1,448	2,008
Deferred tax provision	10,857	6,719
Allowance for doubtful accounts	299	4
Reserve for inventory obsolescence	2,939	2,374
Foreign currency exchange rate loss	209	1,380
Gain on Brazil acquisition	-10,540	0
Other items, net	-155	0
Changes in cash due to:	'	'
Receivables	-3,201	-5,536
Inventories	6,029	190
Prepaid expenses	751	-2,939
Accounts payable	10,193	5,856
UK self-employment liability	0	-7,272
Accrued liabilities	7,785	3,711
Deferred revenue	26,083	30,214
Income taxes	-6,791	17,432
Cash provided by operating activities	80,850	115,163
Investing activities:	'	'
Capital expenditures	-2,052	-17,915
Capitalized software expenditures	-3,921	-5,292
Cash paid for acquisitions	-11,919	-35,000
Other items, net	-53	34
Cash used for investing activities	-17,945	-58,173
Financing activities:	'	'
Payments on long-term debt	-6,000	-6,343
Payment of dividends	-73	-4
Proceeds from stock options exercised	0	2,590
Tax benefit of restricted stock units vested and stock options exercised	1	657
Cash used for financing activities	-6,072	-3,100
Effect of exchange rate changes on cash and cash equivalents and other	243	-2,724
Net increase in cash and cash equivalents	57,076	51,166
Cash and cash equivalents, beginning of period	174,557	70,215
Cash and cash equivalents, end of period	$231,633	$121,381

Basis_of_Presentation

Basis of Presentation	3 Months Ended
Basis of Presentation	Mar. 29, 2014
Basis of Presentation	'
	1	Basis of Presentation
	The accompanying consolidated financial statements include the accounts of Weight Watchers International, Inc. and all of its subsidiaries. The terms “Company” and “WWI” as used throughout these notes is used to indicate Weight Watchers International, Inc. and all of its operations consolidated for purposes of its financial statements.
	The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and include amounts that are based on management’s best estimates and judgments. While all available information has been considered, actual amounts could differ from those estimates. The consolidated financial statements are unaudited but, in the opinion of management, reflect all adjustments including those of a normal recurring nature necessary for a fair statement of the interim results presented.
	These statements should be read in conjunction with the Company’s Annual Report on Form 10-K for fiscal 2013, which includes additional information about the Company, its results of operations, its financial position and its cash flows.
	Revisions:
	The classification of certain brand marketing funds received from licensees has been revised to reflect them as revenue as opposed to being recorded as an offset to expense, increasing the first three months of fiscal 2013 Product sales and other, net, Cost of product sales and other, Gross profit, Marketing expenses and Selling, general and administrative expenses as follows:


			March 30,
			2013
	Product sales and other, net		$	3,862
	Cost of product sales and other		$	375
	Gross profit		$	3,487
	Marketing expenses		$	3,287
	Selling, general and administrative expenses		$	200
	These adjustments were not considered to be material, individually or in the aggregate, to previously issued financial statements. However, because of the significance of these adjustments, the Company revised its first three months of fiscal 2013 consolidated statements of net income. These revisions had no impact on the consolidated balance sheets, consolidated statements of comprehensive income or consolidated statements of cash flows included in these financial statements.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 29, 2014
Summary of Significant Accounting Policies	'
	2	Summary of Significant Accounting Policies
	Reclassification:
	Certain prior year amounts have been reclassified to conform to the current period presentation. With respect to the Company’s previously announced change in segment reporting, segment data for the three months ended March 30, 2013 has been revised to reflect the new reportable segment structure. See Note 13 for disclosures related to segments.
	In addition, the components of Revenues and Cost of revenues as presented in the Consolidated Statements of Net Income have been reclassified to reflect the integration of the Company’s Internet-based business with its meetings and other businesses. Revenues are comprised of service revenues, which are comprised of meetings fees, Online subscription revenue and eTools subscription revenue, and revenues from product sales and other. Cost of revenues is comprised of cost of services and cost of product sales and other.
	For a discussion of the Company’s other significant accounting policies, see “Summary of Significant Accounting Policies” in the Notes to Consolidated Financial Statements of the Company’s Annual Report on Form 10-K for fiscal 2013.

Acquisitions_of_Franchisees_Ad

Acquisitions of Franchisees, Additional Equity Interest in Brazil and Wello	3 Months Ended
	Mar. 29, 2014
Acquisitions of Franchisees, Additional Equity Interest in Brazil and Wello	'
	3	Acquisitions of Franchisees, Additional Equity Interest in Brazil and Wello
	Franchisee Acquisitions
	The acquisitions of franchisees have been accounted for under the purchase method of accounting and, accordingly, earnings of acquired franchisees have been included in the consolidated operating results of the Company since the applicable date of acquisition. Details of these franchise acquisitions are outlined below.
	The acquisitions resulted in goodwill related to, among other things, expected synergies in operations. The Company expects that the majority of goodwill recorded in connection with the below acquisitions will be deductible for tax purposes. The effect of these franchise acquisitions was not material to the Company’s consolidated financial position, results of operations, or operating cash flows in the periods presented.
	On March 4, 2013, the Company acquired substantially all of the assets of its Alberta and Saskatchewan, Canada franchisees, Weight Watchers of Alberta Ltd. and Weight Watchers of Saskatchewan Ltd., for an aggregate purchase price of $35,000. The total purchase price has been allocated to franchise rights acquired ($30,633), goodwill ($4,626), customer relationship value ($473), inventory ($218), fixed assets ($182) and prepaid expenses ($3) offset by deferred revenue of $1,135.
	On July 15, 2013, the Company acquired substantially all of the assets of its West Virginia franchisee, Weight Watchers of West Virginia, Inc., for a net purchase price of $16,028 less assumed assets, plus assumed liabilities, net of $28. The total purchase price has been allocated to franchise rights acquired ($10,131), goodwill ($5,212), customer relationship value ($448) and fixed assets ($209).
	On July 22, 2013, the Company acquired substantially all of the assets of its Columbus, Ohio franchisee, Weight Watchers of Columbus, Inc., for a net purchase price of $23,357 plus assumed liabilities of $143 and its Reno, Nevada franchisee, Weight Watchers of Northern Nevada, Inc., for a net purchase price of $3,969 plus assumed liabilities of $31. The aggregate total purchase price has been allocated to franchise rights acquired ($19,643), goodwill ($7,220), customer relationship value ($494), fixed assets ($116) and inventory ($27).
	On October 28, 2013, the Company acquired substantially all of the assets of its Manitoba, Canada franchisee, Weight Watchers of Manitoba Ltd., for a net purchase price of $5,197 plus assumed liabilities of $28 and its Franklin and St. Lawrence Counties, New York franchisee, Weight Watchers of Franklin and St. Lawrence Counties Inc., for a net purchase price of $274 plus assumed liabilities of $1. The total purchase price of the Manitoba, Canada franchisee has been allocated to franchise rights acquired ($4,525), goodwill ($449), customer relationship value ($249), inventory ($1) and prepaid expenses ($1). The total purchase price of the Franklin and St. Lawrence Counties, New York franchisee has been allocated to franchise rights acquired ($238), goodwill ($23), customer relationship value ($13) and prepaid expenses ($1).
	Acquisition of Additional Equity Interest in Brazil
	Prior to March 12, 2014, the Company had owned 35% of Vigilantes do Peso Marketing Ltda. (“VPM”), a Brazilian limited liability partnership. On March 12, 2014, the Company acquired an additional 45% equity interest in VPM for a net purchase price of $14,181 less cash acquired of $2,262. VPM was converted into a joint-stock corporation prior to closing and subsequently operates as a subsidiary of the Company with rights to conduct typical business lines. As a result of the acquisition, the Company gained a direct controlling financial interest in VPM and has therefore begun consolidating this entity since the date of acquisition.
	Due to the timing of this acquisition, the Company has not yet completed the purchase price allocation. For the three months ended March 29, 2014, the following preliminary purchase price allocations have been recorded:
	The equity interest held immediately before the acquisition was $12. An implied fair value technique was used to measure acquisition date fair value of the equity interest to be $11,029. As a result of this transaction, the Company adjusted its previously held equity interest to fair value of $11,017 and recorded a charge of $477 associated with the settlement of the royalty-free arrangement of the Brazilian partnership. The net effect of these items resulted in the Company recognizing a gain of $10,540 ($6,429 after-tax or $0.11 per fully diluted share) in the first quarter of fiscal 2014.
	The fair value of the noncontrolling interest has been preliminarily valued at $4,682. An implied fair value technique was used to value the noncontrolling interest which was adjusted for a discount for lack of control based on a market method.
	In connection with the acquisition, a call option and a put option were granted related to the 20% interest in VPM not owned by the Company. These options have been preliminarily valued with a Black-Scholes-Merton option pricing model using a Discounted Cash Flow Method. Major inputs included stock price, exercise price, interest rate, time to maturity, volatility and dividend yield. For the three months ended March 29, 2014, the fair value of the call option granted has been preliminarily estimated at $3,740 and the fair value of the put option has been preliminarily estimated at $7,290.
	The preliminary fair value of the assets acquired and liabilities assumed, subject to final valuation, is as follows: receivables ($1,139), fixed assets ($575), prepaid expenses ($421), inventory ($287) and intangibles and other assets ($199) offset by accrued liabilities ($1,063), deferred revenue ($445), income taxes payable ($258) and accounts payable ($91).
	The acquisition preliminarily resulted in goodwill of $31,000 related to, among other things, expected synergies in operations. The Company does not expect goodwill to be deductible for tax purposes. The Company has not yet completed the valuation of the reacquired rights or customer relationship value to be recognized in conjunction with the acquisition.
	Acquisition of Wello
	After the end of the Company’s first quarter of fiscal 2014, on April 16, 2014, the Company acquired Knowplicity, Inc., d/b/a Wello, an online fitness and personal training company.

Franchise_Rights_Acquired_Good

Franchise Rights Acquired, Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 29, 2014
Franchise Rights Acquired, Goodwill and Other Intangible Assets	'
	4	Franchise Rights Acquired, Goodwill and Other Intangible Assets
	Franchise rights acquired are due to acquisitions of the Company’s franchised territories as well as the acquisition of franchise promotion agreements and other factors associated with the acquired franchise territories. For the three months ended March 29, 2014, the change in the carrying value of franchise rights acquired is due to the effect of exchange rate changes of $2,213.
	Goodwill primarily relates to the acquisition of the Company by H.J. Heinz Company in 1978, the acquisition of WeightWatchers.com, Inc. in 2005, the acquisitions of the Company’s franchised territories and the acquisition of the majority interest in VPM in the first quarter of fiscal 2014, as described in Note 3. For the three months ended March 29, 2014, the change in the carrying amount of goodwill is due to the VPM acquisition and the effect of exchange rate changes as follows:


			North America			UK		CE		Other		Total
	Balance as of December 28, 2013		$	67,699		$	1,530	$	8,345	$	1,720	$	79,294
	Goodwill acquired during the period			0			0		0		29,928		29,928
	Effect of exchange rate changes			(350	)		0		0		1,087		737

	Balance as of March 29, 2014		$	67,349		$	1,530	$	8,345	$	32,735	$	109,959

	The carrying amount of finite-lived intangible assets as of March 29, 2014 and December 28, 2013 was as follows:


			March 29, 2014					December 28, 2013
			Gross					Gross
			Carrying			Accumulated		Carrying		Accumulated
			Amount			Amortization		Amount		Amortization
	Capitalized software costs		$	86,940		$	65,625	$	85,095	$	62,418
	Website development costs			71,956			50,964		69,660		48,060
	Trademarks			10,746			10,023		10,691		9,955
	Other			7,024			6,786		7,021		6,737

			$	176,666		$	133,398	$	172,467	$	127,170

	Aggregate amortization expense for finite-lived intangible assets was recorded in the amounts of $6,193 and $5,817 for the three months ended March 29, 2014 and March 30, 2013, respectively.
	Estimated amortization expense of existing finite-lived intangible assets for the next five fiscal years is as follows:


	Remainder of fiscal 2014		$	16,520
	Fiscal 2015		$	15,905
	Fiscal 2016		$	8,654
	Fiscal 2017		$	2,037
	Fiscal 2018 and thereafter		$	152

LongTerm_Debt

Long-Term Debt	3 Months Ended
Long-Term Debt	Mar. 29, 2014
Long-Term Debt	'
	5	Long-Term Debt
	The components of the Company’s long-term debt are as follows:


			March 29, 2014					December 28, 2013
					Effective					Effective
			Balance		Rate			Balance		Rate
	Revolving Facility due April 2, 2018		$	0		0	%	$	0		0	%
	Tranche B-1 Term Facility due April 2, 2016			297,750		3.02	%		298,500		2.97	%
	Tranche B-2 Term Facility due April 2, 2020			2,084,250		3.85	%		2,089,500		3.75	%

	Total Debt			2,382,000		3.75	%		2,388,000		3.49	%
	Less Current Portion			30,000					30,000

	Total Long-Term Debt		$	2,352,000				$	2,358,000

	The Company’s credit facilities at the end of the first quarter of fiscal 2013 consisted of the following term loan facilities and revolving credit facilities: a tranche A-1 loan, a tranche B loan (“Term B Loan”), a tranche C loan (“Term C Loan”), a tranche D loan (“Term D Loan”), a tranche E loan (“Term E Loan”), a tranche F loan (“Term F Loan”), revolving credit facility A-1 (“Revolver A-1” ) and revolving credit facility A-2 (“Revolver A-2”).
	On April 2, 2013, the Company refinanced its credit facilities pursuant to a Credit Agreement (the “New Credit Agreement”) among the Company, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent and an issuing bank, The Bank of Nova Scotia, as revolving agent, swingline lender and an issuing bank, and the other parties thereto. The New Credit Agreement provides for (a) a revolving credit facility (including swing line loans and letters of credit) in an initial aggregate principal amount of $250,000 that will mature on April 2, 2018 (the “Revolving Facility”), (b) an initial term B-1 loan credit facility in an aggregate principal amount of $300,000 that will mature on April 2, 2016 (the “Tranche B-1 Term Facility”) and (c) an initial term B-2 loan credit facility in an aggregate principal amount of $2,100,000 that will mature on April 2, 2020 (the “Tranche B-2 Term Facility”, and together with the Tranche B-1 Term Facility, the “Term Facilities”; the Term Facilities and Revolving Facility collectively, the “WWI Credit Facility”). In connection with this refinancing, the Company used the proceeds from borrowings under the Term Facilities to pay off a total of $2,399,904 of outstanding loans, consisting of $128,759 of Term B Loans, $110,602 of Term C Loans, $117,612 of Term D Loans, $1,125,044 of Term E Loans, $817,887 of Term F Loans, $21,247 of loans under the Revolver A-1 and $78,753 of loans under the Revolver A-2. Following the refinancing of a total of $2,399,904 of loans, at April 2, 2013, the Company had $2,400,000 debt outstanding under the Term Facilities and $248,848 of availability under the Revolving Facility. The Company incurred fees of $44,817 during the second quarter of fiscal 2013 in connection with this refinancing. In the second quarter of fiscal 2013, the Company wrote-off fees associated with this refinancing which resulted in the Company recording a charge of $21,685 in early extinguishment of debt.
	At March 29, 2014, the Company had $2,382,000 outstanding under the WWI Credit Facility, consisting entirely of term loans and there were no loans outstanding under the Revolving Facility. In addition, at March 29, 2014, the Revolving Facility had $1,554 in issued but undrawn letters of credit outstanding thereunder and $248,446 in available unused commitments thereunder. The proceeds from borrowings under the Revolving Facility (including swing line loans and letters of credit) will be used for working capital and general corporate purposes.
	Borrowings under the New Credit Agreement bear interest at a rate equal to, at the Company’s option, LIBOR plus an applicable margin or a base rate plus an applicable margin. LIBOR under the Tranche B-2 Term Facility is subject to a minimum interest rate of 0.75% and the base rate under the Tranche B-2 Term Facility is subject to a minimum interest rate of 1.75%. The applicable margin relating to both of the Term Facilities will increase by 25 basis points in the event that the Company receives a corporate rating of BB- (or lower) from S&P and a corporate rating of Ba3 (or lower) from Moody’s. On February 21, 2014, both S&P and Moody’s issued revised corporate ratings of the Company of B+ and B1, respectively. As a result, effective February 21, 2014, the applicable margin on borrowings under the Tranche B-1 Term Facility went from 2.75% to 3.00% and on borrowings under the Tranche B-2 Term Facility went from 3.00% to 3.25%. The applicable margin relating to the Revolving Facility will fluctuate depending upon the Company’s Consolidated Leverage Ratio (as defined in the New Credit Agreement). At March 29, 2014, borrowings under the Tranche B-1 Term Facility bore interest at LIBOR plus an applicable margin of 3.00% and borrowings under the Tranche B-2 Term Facility bore interest at LIBOR plus an applicable margin of 3.25%. Based on the Company’s Consolidated Leverage Ratio as of March 29, 2014, had there been any borrowings under the Revolving Facility, it would have borne interest at LIBOR plus an applicable margin of 2.25% or base rate plus an applicable margin of 1.25%. On a quarterly basis, the Company will pay a commitment fee to the lenders under the Revolving Facility in respect of unutilized commitments thereunder, which commitment fee will fluctuate depending upon the Company’s Consolidated Leverage Ratio. Based on the Company’s Consolidated Leverage Ratio as of March 29, 2014, the commitment fee was 0.40% per annum. The Company also will pay customary letter of credit fees and fronting fees under the Revolving Facility.
	The New Credit Agreement contains customary covenants including covenants that, in certain circumstances, restrict the Company’s ability to incur additional indebtedness, pay dividends on and redeem capital stock, make other payments, including investments, sell its assets and enter into consolidations, mergers and transfers of all or substantially all of its assets. The Revolving Facility requires the Company to not exceed a specified Consolidated Leverage Ratio, but only if borrowings under the Revolving Facility exceed 20.0% of revolving commitments as of the end of such fiscal quarter. As of March 29, 2014, borrowings in excess of $50,000 would require us to not exceed such ratio. As of March 29, 2014, there were no borrowings under our Revolving Facility and total letters of credit issued were $1,554. The Term Facilities do not require the Company to maintain any financial ratios. The WWI Credit Facility is guaranteed by certain of the Company’s existing and future subsidiaries. Substantially all of the Company’s assets secure the WWI Credit Facility.
	At March 29, 2014 and December 28, 2013, the Company’s debt consisted entirely of variable-rate instruments. Interest rate swaps were entered into to hedge a portion of the cash flow exposure associated with the Company’s variable-rate borrowings. The average interest rate on the Company’s debt, exclusive of the impact of swaps, was approximately 3.90% and 3.65% per annum at March 29, 2014 and December 28, 2013, respectively. The average interest rate on our debt including the impact of swaps was approximately 4.08% per annum at December 28, 2013. The Company’s forward starting swap became effective on March 31, 2014. Therefore, at March 29, 2014, the average interest was not impacted by swaps.

Earnings_Per_Share

Earnings Per Share	3 Months Ended
Earnings Per Share	Mar. 29, 2014
Earnings Per Share	'
	6	Earnings Per Share
	Basic earnings per share (“EPS”) are calculated utilizing the weighted average number of common shares outstanding during the periods presented. Diluted EPS is calculated utilizing the weighted average number of common shares outstanding during the periods presented adjusted for the effect of dilutive common stock equivalents.
	The following table sets forth the computation of basic and diluted EPS:


			Three Months Ended
			March 29,		March 30,
			2014		2013
	Numerator:
	Net income		$	21,531	$	48,753

	Denominator:
	Weighted average shares of common stock outstanding			56,428		55,801
	Effect of dilutive common stock equivalents			78		444

	Weighted average diluted common shares outstanding			56,506		56,245

	Earnings per share
	Basic		$	0.38	$	0.87

	Diluted		$	0.38	$	0.87

	The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 2,190 and 1,056 for the three months ended March 29, 2014 and March 30, 2013, respectively.

Stock_Plans

Stock Plans	3 Months Ended
	Mar. 29, 2014
Stock Plans	'
	7	Stock Plans
	On May 6, 2008 and May 12, 2004, respectively, the Company’s shareholders approved the 2008 Stock Incentive Plan (the “2008 Plan”) and the 2004 Stock Incentive Plan (the “2004 Plan”). On May 6, 2014, the Company’s shareholders approved the 2014 Stock Incentive Plan (the “2014 Plan”), which replaces the 2008 Plan and 2004 Plan for all equity-based awards granted on or after May 6, 2014. The 2014 Plan is designed to promote the long-term financial interests and growth of the Company by attracting, motivating and retaining employees with the ability to contribute to the success of the business and to align compensation for the Company’s employees over a multi-year period directly with the interests of the shareholders of the Company. The Company’s Board of Directors or a committee thereof administers the 2014 Plan.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 29, 2014
Income Taxes	'
	8	Income Taxes
	The effective tax rates for the three months ended March 29, 2014 and March 30, 2013 were 40.3% and 38.5%, respectively. For the three months ended March 29, 2014, the primary differences between the US federal statutory tax rate and the Company’s consolidated effective tax rate were increases in valuation allowances and state income taxes. For the three months ended March 30, 2013, the primary differences between the US federal statutory tax rate and the Company’s consolidated effective tax rate were state income taxes and increases in valuation allowances, offset by lower rates in certain foreign jurisdictions.

Legal

Legal	3 Months Ended
	Mar. 29, 2014
Legal	'
	9	Legal
	Securities Class Action Matters
	In March 2014, two substantially identical purported class action complaints alleging violation of the federal securities laws were filed by individual shareholders against the Company, certain of the Company’s current and former officers and directors, and the Company’s controlling shareholder, in the United States District Court for the Southern District of New York. The complaints were filed on behalf of all purchasers of the Company’s common stock, no par value per share, between February 14, 2012 and October 30, 2013, inclusive (the “Class”). The complaints allege that, during that period, the defendants disseminated materially false and misleading statements and/or concealed material adverse facts. The complaints allege claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 thereunder. The plaintiffs seek to recover unspecified damages on behalf of the Class. The Company believes that the suits are without merit and intends to vigorously defend them.
	Other Litigation Matters
	Due to the nature of the Company’s activities, it is also, at times, subject to pending and threatened legal actions that arise out of the ordinary course of business. In the opinion of management, based in part upon advice of legal counsel, the disposition of any such matters is not expected to have a material effect on the Company’s results of operations, financial condition or cash flows.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging	3 Months Ended
	Mar. 29, 2014
Derivative Instruments and Hedging	'
	10	Derivative Instruments and Hedging
	As of March 29, 2014, due to the interest rate swap termination on January 27, 2014, the Company did not have an interest rate swap in effect. As of March 30, 2013, the Company had in effect an interest rate swap with a notional amount totaling $470,000. In January 2009, the Company entered into this forward-starting interest rate swap with an effective date of January 4, 2010 and a termination date of January 27, 2014. Effective April 2, 2013, due to the Company’s debt refinancing, the Company ceased the application of hedge accounting for this swap. Accordingly, changes in the fair value of this swap were recorded in earnings subsequent to April 2, 2013 and were immaterial for the first fiscal quarter ended March 29, 2014.
	On July 26, 2013, in order to hedge an additional portion of its variable rate debt, the Company entered into a forward-starting interest rate swap with an effective date of March 31, 2014 and a termination date of April 2, 2020. The initial notional amount of this swap is $1,500,000. During the term of this swap, the notional amount will decrease from $1,500,000 effective March 31, 2014 to $1,250,000 on April 3, 2017 with a further reduction to $1,000,000 on April 1, 2019. This interest rate swap effectively fixes the variable interest rate on the notional amount of this swap at 2.38%. This swap qualifies for hedge accounting and, therefore, changes in the fair value of this swap have been recorded in accumulated other comprehensive income (loss).
	As of March 29, 2014 and December 28, 2013, cumulative unrealized losses for qualifying hedges were reported as a component of accumulated other comprehensive income (loss) in the amounts of $12,785 ($20,960 before taxes) and $4,603 ($7,546 before taxes), respectively.
	The Company is hedging forecasted transactions for periods not exceeding the next seven years. The Company expects approximately $11,570 ($18,967 before taxes) of derivative losses included in accumulated other comprehensive income (loss) at March 29, 2014, based on current market rates, will be reclassified into earnings within the next 12 months.

Fair_Value_Measurements

Fair Value Measurements

3 Months Ended

Mar. 29, 2014

Fair Value Measurements

Accounting guidance on fair value measurements for certain financial assets and liabilities requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories:

•

Level 1 – Quoted prices in active markets for identical assets or liabilities.

•

Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

•

Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

When measuring fair value, the Company is required to maximize the use of observable inputs and minimize the use of unobservable inputs.

Fair Value of Financial Instruments

The Company’s significant financial instruments include long-term debt and interest rate swap agreements.

The fair value of the Company’s long-term debt is determined by utilizing average bid prices on or near the end of each fiscal quarter (Level 2 input). As of March 29, 2014 and March 30, 2013, the fair value of the Company’s long-term debt was approximately $1,895,179 and $2,403,021, respectively.

Derivative Financial Instruments

The fair values for the Company’s derivative financial instruments are determined using observable current market information such as the prevailing LIBOR interest rate and LIBOR yield curve rates and include consideration of counterparty credit risk. See Note 10 for disclosures related to derivative financial instruments.

The following table presents the aggregate fair value of the Company’s derivative financial instruments:

Fair Value Measurements Using:

Quoted Prices in

Significant

Total

Active Markets

Significant Other

Unobservable

Fair

for Identical Assets

Observable Inputs

Inputs

Value

(Level 1)

(Level 2)

(Level 3)

Interest rate swap liability at March 29, 2014

20,960

Interest rate swap liability at December 28, 2013

7,578

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income	3 Months Ended
Accumulated Other Comprehensive Income	Mar. 29, 2014
Accumulated Other Comprehensive Income	'
	12	Accumulated Other Comprehensive Income
	Amounts reclassified out of accumulated other comprehensive income are as follows:
	Changes in Accumulated Other Comprehensive Income by Component ^(a)


			Three Months Ended March 29, 2014
			Loss on			Foreign			Total
			Qualifying			Currency
			Hedges			Translation
						Adjustments
	Beginning Balance at December 28, 2013		$	(4,603	)	$	13,120		$	8,517

	Other comprehensive loss before reclassifications, net of tax			(8,682	)		(375	)		(9,057	)
	Amounts reclassified from accumulated other comprehensive income, net of tax ^(b)			500			0			500

	Net current period other comprehensive loss			(8,182	)		(375	)		(8,557	)

	Ending Balance at March 29, 2014		$	(12,785	)	$	12,745		$	(40	)



			Three Months Ended March 30, 2013
			Loss on			Foreign			Total
			Qualifying			Currency
			Hedges			Translation
						Adjustments
	Beginning Balance at December 29, 2012		$	(6,602	)	$	19,461		$	12,859

	Other comprehensive loss before reclassifications, net of tax			(24	)		(33	)		(57	)
	Amounts reclassified from accumulated other comprehensive income, net of tax ^(b)			1,621			0			1,621

	Net current period other comprehensive income (loss)			1,597			(33	)		1,564

	Ending Balance at March 30, 2013		$	(5,005	)	$	19,428		$	14,423

	(a) Amounts in parentheses indicate debits
	(b) See separate table below for details about these reclassifications
	Reclassifications out of Accumulated Other Comprehensive Income ^(a)


	Details about Other Comprehensive		Three Months Ended						Affected Line Item in the Statement
	Income Components		March 29,			March 30,			Where Net Income is Presented
			2014			2013
			Amounts Reclassified from
			Accumulated Other
			Comprehensive Income
	Loss on Qualifying Hedges
	Interest rate contracts		$	(820	)	$	(2,657	)	Interest expense

				(820	)		(2,657	)	Income before income taxes
				320			1,036		Provision for income taxes

			$	(500	)	$	(1,621	)	Net income

	(a) Amounts in parentheses indicate debits to profit / loss

Segment_Data

Segment Data	3 Months Ended
Segment Data	Mar. 29, 2014
Segment Data	'
	13	Segment Data
	Effective December 29, 2013, the Company realigned its organizational structure to better leverage its significant assets and align its innovation efforts by integrating its Internet-based business with its meetings and other businesses and assigning responsibility for those integrated businesses on a geographical basis. This resulted in the Company changing the determination of its reportable segments such that the Company now has four reportable segments: North America, United Kingdom, Continental Europe and Other. Other consists of Asia Pacific and emerging markets operations and franchise revenues and related costs, all of which have been grouped together as if they were a single reportable segment because they do not meet any of the quantitative thresholds and are immaterial for separate disclosure. To be consistent with the information that is presented to the chief operating decision maker, the Company does not include intercompany activity in the segment results. Segment information for the three months ended March 30, 2013 presented below has been revised to reflect the new reportable segment structure.


			Total Revenue
			for the Three Months Ended
			March 29,			March 30,
			2014			2013
	North America		$	264,406		$	332,864
	United Kingdom			42,199			48,945
	Continental Europe			84,231			82,201
	Other			18,522			26,780

	Total revenue		$	409,358		$	490,790


			Net Income
			for the Three Months Ended
			March 29,			March 30,
			2014			2013
	Segment operating income:
	North America		$	57,808		$	102,450
	United Kingdom			(1,546	)		4,930
	Continental Europe			5,843			4,089
	Other			1,088			4,099

	Total segment operating income			63,193			115,568
	General corporate expenses			(12,140	)		(12,449	)
	Interest expense			25,262			22,550
	Other expense, net			270			1,296
	Gain on Brazil acquisition			(10,540	)		0
	Provision for taxes			14,530			30,520

	Net Income		$	21,531		$	48,753


			Depreciation and Amortization
			for the Three Months Ended
			March 29,			March 30,
			2014			2013
	North America		$	7,978		$	8,491
	United Kingdom			358			287
	Continental Europe			593			558
	Other			348			447

	Total segment depreciation and amortization			9,277			9,783
	General corporate depreciation and amortization			4,136			2,486

	Depreciation and amortization		$	13,413		$	12,269

Restructuring_Charges

Restructuring Charges	3 Months Ended
	Mar. 29, 2014
Restructuring Charges	'
	14	Restructuring Charges
	The Company undertook the first phase of its previously disclosed resizing of its organization which resulted in the elimination of certain positions and employees in the three months ended March 29, 2014. In connection with the first phase of this plan, the Company recorded restructuring charges in connection with employee termination benefit costs of $3,656 ($2,235 after tax) during the three months ended March 29, 2014. These charges impacted cost of revenues by $1,512 and selling, general and administrative expense by $2,144. The Company anticipates recording additional restructuring charges in connection with this plan and the related employee termination benefit costs of approximately $6,500 during the remaining quarters of fiscal 2014.
	For the three months ended March 29, 2014, all restructuring charges were recorded to general corporate expense therefore there was no impact to the segments. The liability for these restructuring charges at March 29, 2014 was $3,630 and $26 of payments were made during the first fiscal quarter ended March 29, 2014.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
Summary of Significant Accounting Policies (Policies)	Mar. 29, 2014
Reclassification	'
	Reclassification:
	Certain prior year amounts have been reclassified to conform to the current period presentation. With respect to the Company’s previously announced change in segment reporting, segment data for the three months ended March 30, 2013 has been revised to reflect the new reportable segment structure. See Note 13 for disclosures related to segments.
	In addition, the components of Revenues and Cost of revenues as presented in the Consolidated Statements of Net Income have been reclassified to reflect the integration of the Company’s Internet-based business with its meetings and other businesses. Revenues are comprised of service revenues, which are comprised of meetings fees, Online subscription revenue and eTools subscription revenue, and revenues from product sales and other. Cost of revenues is comprised of cost of services and cost of product sales and other.

Basis_of_Presentation_Tables

Basis of Presentation (Tables)	3 Months Ended
Basis of Presentation (Tables)	Mar. 29, 2014
Revision of Certain Brand Marketing Funds Received From Licensees	'
	The classification of certain brand marketing funds received from licensees has been revised to reflect them as revenue as opposed to being recorded as an offset to expense, increasing the first three months of fiscal 2013 Product sales and other, net, Cost of product sales and other, Gross profit, Marketing expenses and Selling, general and administrative expenses as follows:


		March 30,
		2013
	Product sales and other, net	$	3,862
	Cost of product sales and other	$	375
	Gross profit	$	3,487
	Marketing expenses	$	3,287
	Selling, general and administrative expenses	$	200

Franchise_Rights_Acquired_Good1

Franchise Rights Acquired, Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 29, 2014
Changes in Carrying Amount of Goodwill	'
	For the three months ended March 29, 2014, the change in the carrying amount of goodwill is due to the VPM acquisition and the effect of exchange rate changes as follows:


		North America			UK		CE		Other		Total
	Balance as of December 28, 2013	$	67,699		$	1,530	$	8,345	$	1,720	$	79,294
	Goodwill acquired during the period		0			0		0		29,928		29,928
	Effect of exchange rate changes		(350	)		0		0		1,087		737

	Balance as of March 29, 2014	$	67,349		$	1,530	$	8,345	$	32,735	$	109,959

Schedule of Finite-Lived Intangible Assets by Major Class	'
	The carrying amount of finite-lived intangible assets as of March 29, 2014 and December 28, 2013 was as follows:


		March 29, 2014					December 28, 2013
		Gross					Gross
		Carrying			Accumulated		Carrying		Accumulated
		Amount			Amortization		Amount		Amortization
	Capitalized software costs	$	86,940		$	65,625	$	85,095	$	62,418
	Website development costs		71,956			50,964		69,660		48,060
	Trademarks		10,746			10,023		10,691		9,955
	Other		7,024			6,786		7,021		6,737

		$	176,666		$	133,398	$	172,467	$	127,170

Schedule of Expected Amortization Expense	'
	Estimated amortization expense of existing finite-lived intangible assets for the next five fiscal years is as follows:


	Remainder of fiscal 2014	$	16,520
	Fiscal 2015	$	15,905
	Fiscal 2016	$	8,654
	Fiscal 2017	$	2,037
	Fiscal 2018 and thereafter	$	152

LongTerm_Debt_Tables

Long-Term Debt (Tables)	3 Months Ended
Long-Term Debt (Tables)	Mar. 29, 2014
Schedule of Long-term Debt Instruments	'
	The components of the Company’s long-term debt are as follows:


		March 29, 2014					December 28, 2013
				Effective					Effective
		Balance		Rate			Balance		Rate
	Revolving Facility due April 2, 2018	$	0		0	%	$	0		0	%
	Tranche B-1 Term Facility due April 2, 2016		297,750		3.02	%		298,500		2.97	%
	Tranche B-2 Term Facility due April 2, 2020		2,084,250		3.85	%		2,089,500		3.75	%

	Total Debt		2,382,000		3.75	%		2,388,000		3.49	%
	Less Current Portion		30,000					30,000

	Total Long-Term Debt	$	2,352,000				$	2,358,000

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
Earnings Per Share (Tables)	Mar. 29, 2014
Schedule of Earnings Per Share, Basic and Diluted	'
	The following table sets forth the computation of basic and diluted EPS:


		Three Months Ended
		March 29,		March 30,
		2014		2013
	Numerator:
	Net income	$	21,531	$	48,753

	Denominator:
	Weighted average shares of common stock outstanding		56,428		55,801
	Effect of dilutive common stock equivalents		78		444

	Weighted average diluted common shares outstanding		56,506		56,245

	Earnings per share
	Basic	$	0.38	$	0.87

	Diluted	$	0.38	$	0.87

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
Fair Value Measurements (Tables)	Mar. 29, 2014
Fair Value, Assets Measured on Recurring Basis	'
	The following table presents the aggregate fair value of the Company’s derivative financial instruments:


				Fair Value Measurements Using:
				Quoted Prices in				Significant
		Total		Active Markets		Significant Other		Unobservable
		Fair		for Identical Assets		Observable Inputs		Inputs
		Value		(Level 1)		(Level 2)		(Level 3)
	Interest rate swap liability at March 29, 2014	$	20,960	$	0	$	20,960	$	0
	Interest rate swap liability at December 28, 2013	$	7,578	$	0	$	7,578	$	0

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
Accumulated Other Comprehensive Income (Tables)	Mar. 29, 2014
Changes in Accumulated Other Comprehensive Income by Component	'
	Changes in Accumulated Other Comprehensive Income by Component ^(a)


		Three Months Ended March 29, 2014
		Loss on			Foreign			Total
		Qualifying			Currency
		Hedges			Translation
					Adjustments
	Beginning Balance at December 28, 2013	$	(4,603	)	$	13,120		$	8,517

	Other comprehensive loss before reclassifications, net of tax		(8,682	)		(375	)		(9,057	)
	Amounts reclassified from accumulated other comprehensive income, net of tax ^(b)		500			0			500

	Net current period other comprehensive loss		(8,182	)		(375	)		(8,557	)

	Ending Balance at March 29, 2014	$	(12,785	)	$	12,745		$	(40	)



		Three Months Ended March 30, 2013
		Loss on			Foreign			Total
		Qualifying			Currency
		Hedges			Translation
					Adjustments
	Beginning Balance at December 29, 2012	$	(6,602	)	$	19,461		$	12,859

	Other comprehensive loss before reclassifications, net of tax		(24	)		(33	)		(57	)
	Amounts reclassified from accumulated other comprehensive income, net of tax ^(b)		1,621			0			1,621

	Net current period other comprehensive income (loss)		1,597			(33	)		1,564

	Ending Balance at March 30, 2013	$	(5,005	)	$	19,428		$	14,423

	(a) Amounts in parentheses indicate debits
	(b) See separate table below for details about these reclassifications
Reclassifications out of Accumulated Other Comprehensive Income	'
	Reclassifications out of Accumulated Other Comprehensive Income ^(a)


	Details about Other Comprehensive	Three Months Ended						Affected Line Item in the Statement
	Income Components	March 29,			March 30,			Where Net Income is Presented
		2014			2013
		Amounts Reclassified from
		Accumulated Other
		Comprehensive Income
	Loss on Qualifying Hedges
	Interest rate contracts	$	(820	)	$	(2,657	)	Interest expense

			(820	)		(2,657	)	Income before income taxes
			320			1,036		Provision for income taxes

		$	(500	)	$	(1,621	)	Net income

	(a) Amounts in parentheses indicate debits to profit / loss

Segment_Data_Tables

Segment Data (Tables)	3 Months Ended
Segment Data (Tables)	Mar. 29, 2014
Information About Reportable Segments	'
	Segment information for the three months ended March 30, 2013 presented below has been revised to reflect the new reportable segment structure.


		Total Revenue
		for the Three Months Ended
		March 29,			March 30,
		2014			2013
	North America	$	264,406		$	332,864
	United Kingdom		42,199			48,945
	Continental Europe		84,231			82,201
	Other		18,522			26,780

	Total revenue	$	409,358		$	490,790


		Net Income
		for the Three Months Ended
		March 29,			March 30,
		2014			2013
	Segment operating income:
	North America	$	57,808		$	102,450
	United Kingdom		(1,546	)		4,930
	Continental Europe		5,843			4,089
	Other		1,088			4,099

	Total segment operating income		63,193			115,568
	General corporate expenses		(12,140	)		(12,449	)
	Interest expense		25,262			22,550
	Other expense, net		270			1,296
	Gain on Brazil acquisition		(10,540	)		0
	Provision for taxes		14,530			30,520

	Net Income	$	21,531		$	48,753


		Depreciation and Amortization
		for the Three Months Ended
		March 29,			March 30,
		2014			2013
	North America	$	7,978		$	8,491
	United Kingdom		358			287
	Continental Europe		593			558
	Other		348			447

	Total segment depreciation and amortization		9,277			9,783
	General corporate depreciation and amortization		4,136			2,486

	Depreciation and amortization	$	13,413		$	12,269

Revision_of_Certain_Brand_Mark

Revision of Certain Brand Marketing Funds Received from Licensees (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014	Mar. 30, 2013
Product sales and other, net	$92,661	$119,289
Cost of product sales and other	41,849	52,483
Gross profit	222,900	283,637
Selling, general and administrative expenses	56,512	58,317
Certain Brand Marketing Funds	'	'
Product sales and other, net	'	3,862
Cost of product sales and other	'	375
Gross profit	'	3,487
Marketing expenses	'	3,287
Selling, general and administrative expenses	'	$200

Acquisitions_of_Franchisees_Ad1

Acquisitions of Franchisees, Additional Equity Interest in Brazil and Wello - Additional Information (Detail) (USD $)

3 Months Ended

0 Months Ended

3 Months Ended

In Thousands, except Per Share data, unless otherwise specified

Mar. 29, 2014

Mar. 30, 2013

Dec. 28, 2013

Mar. 04, 2013

Jul. 15, 2013

Jul. 22, 2013

Oct. 28, 2013

Mar. 12, 2014

Mar. 29, 2014

Alberta Ltd and Saskatchewan Ltd

West Virginia, Inc.

Columbus, Inc.

Northern Nevada, Inc.

Columbus, Inc. and Northern Nevada, Inc.

Manitoba Ltd

Franklin and St Lawrence Counties Inc

Vigilantes do Peso Marketing Ltda

Customer Relationships

Franchise Rights

Customer Relationships

Franchise Rights

Customer Relationships

Franchise Rights

Customer Relationships

Franchise Rights

Customer Relationships

Franchise Rights

Call and Put Option

Call Option

Put Option

Business Acquisition

Business acquisition, net purchase price

$35,000

$16,028

$23,357

$3,969

$5,197

$274

$14,181

Business acquisition, purchase price allocation, intangible assets, indefinite lived

30,633

10,131

19,643

4,525

238

Business acquisition, purchase price allocation, goodwill

109,959

79,294

4,626

5,212

7,220

449

Business acquisition, purchase price allocation, intangible assets, finite lived

473

448

494

249

Business acquisition, purchase price allocation, inventory

218

Business acquisition, purchase price allocation, fixed assets

182

209

116

Business acquisition, purchase price allocation, prepaid expenses

Business acquisition, purchase price allocation, deferred revenue

1,135

Business acquisition, assumed liabilities

143

Percentage of ownership

35.00%

20.00%

Percentage of ownership acquired

45.00%

Business acquisition, cash acquired

2,262

Business acquisition, equity interest held immediately before acquisition

Business acquisition, fair value of equity interest

11,029

Remeasurement gain on business acquisition

11,017

Business acquisition cost associated with settlement of royalty-free arrangement

477

Gain related to acquisition

10,540

Gain related to acquisition, after-tax

6,429

Earnings per share, diluted

$0.38

$0.87

$0.11

Business acquisition, fair value of noncontrolling interest

4,682

Fair value of option granted, estimated amount

3,740

7,290

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, receivables

1,139

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, fixed assets

575

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, prepaid expenses

421

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, inventory

287

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, intangible and other assets

199

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, accrued liabilitie

1,063

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, deferred revenue

445

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, income tax payable

258

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, accounts payable

Preliminary fair value of assets acquired and liabilities assumed, subject to final valuation, goodwill

$31,000

Franchise_Rights_Acquired_Good2

Franchise Rights Acquired, Goodwill and Other Intangible Assets - Additional Information (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014	Mar. 30, 2013
Goodwill and Intangible Assets Disclosure	'	'
Effect of exchange rate changes	$2,213	'
Finite-lived intangible assets, aggregate amortization expense	$6,193	$5,817

Changes_in_Carrying_Amount_of_

Changes in Carrying Amount of Goodwill (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014
Goodwill [Line Items]	'
Beginning balance	$79,294
Goodwill acquired during the period	29,928
Effect of exchange rate changes	737
Ending balance	109,959
North America	'
Goodwill [Line Items]	'
Beginning balance	67,699
Goodwill acquired during the period	0
Effect of exchange rate changes	-350
Ending balance	67,349
United Kingdom	'
Goodwill [Line Items]	'
Beginning balance	1,530
Goodwill acquired during the period	0
Effect of exchange rate changes	0
Ending balance	1,530
Continental Europe	'
Goodwill [Line Items]	'
Beginning balance	8,345
Goodwill acquired during the period	0
Effect of exchange rate changes	0
Ending balance	8,345
Other	'
Goodwill [Line Items]	'
Beginning balance	1,720
Goodwill acquired during the period	29,928
Effect of exchange rate changes	1,087
Ending balance	$32,735

Carrying_Amount_of_FiniteLived

Carrying Amount of Finite-Lived Intangible Assets (Detail) (USD $)	Mar. 29, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified	Mar. 29, 2014	Dec. 28, 2013
Finite-Lived Intangible Assets	'	'
Gross Carrying Amount	$176,666	$172,467
Accumulated Amortization	133,398	127,170
Capitalized software costs	'	'
Finite-Lived Intangible Assets	'	'
Gross Carrying Amount	86,940	85,095
Accumulated Amortization	65,625	62,418
Website development costs	'	'
Finite-Lived Intangible Assets	'	'
Gross Carrying Amount	71,956	69,660
Accumulated Amortization	50,964	48,060
Trademarks	'	'
Finite-Lived Intangible Assets	'	'
Gross Carrying Amount	10,746	10,691
Accumulated Amortization	10,023	9,955
Other	'	'
Finite-Lived Intangible Assets	'	'
Gross Carrying Amount	7,024	7,021
Accumulated Amortization	$6,786	$6,737

Estimated_Amortization_Expense

Estimated Amortization Expense of Existing Finite-Lived Intangible Assets (Detail) (USD $)	Mar. 29, 2014
In Thousands, unless otherwise specified	Mar. 29, 2014
Expected Amortization Expense	'
Remainder of fiscal 2014	$16,520
Fiscal 2015	15,905
Fiscal 2016	8,654
Fiscal 2017	2,037
Fiscal 2018 and thereafter	$152

Components_of_LongTerm_Debt_De

Components of Long-Term Debt (Detail) (USD $)	Mar. 29, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified	Mar. 29, 2014	Dec. 28, 2013
Debt Instrument	'	'
Total Debt	$2,382,000	$2,388,000
Less Current Portion	30,000	30,000
Effective Interest Rate	3.75%	3.49%
Total Long-Term Debt	2,352,000	2,358,000
Tranche B-1 Term Facility due April 2, 2016	'	'
Debt Instrument	'	'
Total Debt	297,750	298,500
Effective Interest Rate	3.02%	2.97%
Tranche B-2 Term Facility due April 2, 2020	'	'
Debt Instrument	'	'
Total Debt	2,084,250	2,089,500
Effective Interest Rate	3.85%	3.75%
Revolving Facility due April 2, 2018	'	'
Debt Instrument	'	'
Total Debt	$0	$0
Effective Interest Rate	0.00%	0.00%

LongTerm_Debt_Additional_Infor

Long-Term Debt - Additional Information (Detail) (USD $)

1 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

1 Months Ended

3 Months Ended

1 Months Ended

3 Months Ended

In Thousands, unless otherwise specified

Apr. 30, 2013

Mar. 29, 2014

Jun. 29, 2013

Mar. 30, 2013

Dec. 28, 2013

Mar. 29, 2014

Dec. 28, 2013

Apr. 02, 2013

Feb. 21, 2014

Mar. 29, 2014

Dec. 28, 2013

Apr. 02, 2013

Feb. 21, 2014

Mar. 29, 2014

Apr. 30, 2013

Apr. 02, 2013

Mar. 29, 2014

Dec. 28, 2013

Apr. 02, 2013

Mar. 29, 2014

Tranche B-1 Term Facility due April 2, 2016

Tranche B-2 Term Facility due April 2, 2020

Term B Loan due January 26, 2014

Term C Loan due June 30, 2015

Term D Loan due June 30, 2016

Term E Loan due March 15, 2017

Term F Loan due March 15, 2019

Revolver A-1 Loan due June 30, 2014

Revolver A-2 Loan due March 15, 2017

Term Loan Facility

WWI Credit Facility

Revolving Facility due April 2, 2018

London Interbank Offered Rate (LIBOR)

Base Rate Plus

London Interbank Offered Rate (LIBOR)

Base Rate Plus

Debt Instrument

WWI Credit Facility, maximum borrowing capacity

$300,000

$2,100,000

$250,000

Fees incurred in connection with debt refinancing

44,817

Payments of term loan

2,399,904

6,000

6,343

128,759

110,602

117,612

1,125,044

817,887

21,247

78,753

Early extinguishment of debt charge

21,685

Credit facility available amount

248,446

248,848

Debt outstanding amount

2,400,000

Credit Facility, aggregate principal amount outstanding

2,382,000

2,388,000

297,750

298,500

2,084,250

2,089,500

2,382,000

Letters of credit issued

1,554

WWI Credit Facility, minimum interest rate

0.75%

1.75%

WWI Credit Facility, additional interest rate

2.75%

3.00%

3.25%

2.25%

1.25%

Additional applicable margin in the event the Company receives a corporate rating of BB- from S&P (or lower) and a corporate rating of Ba3 from Moody's (or lower)

0.25%

Revolving credit facility, commitment fee on unused commitments

0.40%

Credit agreement customary covenants, percentage by which borrowings under Revolving Facility to exceed revolving commitments to require maintenance of specified financial ratio

20.00%

Minimum borrowings required to maintain specified financial ratio

50,000

Borrowings under revolver

Average interest rate on debt

3.90%

3.65%

Average interest rate on debt

4.08%

Computation_of_Basic_and_Dilut

Computation of Basic and Diluted EPS (Detail) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 29, 2014	Mar. 30, 2013
Numerator:	'	'
Net income	$21,531	$48,753
Denominator:	'	'
Weighted average shares of common stock outstanding	56,428	55,801
Effect of dilutive common stock equivalents	78	444
Weighted average diluted common shares outstanding	56,506	56,245
Earnings per share	'	'
Basic	$0.38	$0.87
Diluted	$0.38	$0.87

Earnings_Per_Share_Additional_

Earnings Per Share - Additional Information (Detail)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014	Mar. 30, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share	'	'
Anti-dilutive common stock equivalents excluded from the calculation of diluted EPS	2,190	1,056

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail)	3 Months Ended
Income Taxes - Additional Information (Detail)	Mar. 29, 2014	Mar. 30, 2013
Income Taxes [Line Items]	'	'
Effective income tax rate	40.30%	38.50%

Legal_Additional_Information_D

Legal - Additional Information (Detail)	1 Months Ended
	Mar. 29, 2014
	LegalMatter
Loss Contingencies	'
Securities class action filed	2

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging - Additional Information (Detail) (USD $)	Mar. 29, 2014	Jul. 26, 2013	Jan. 01, 2011	Mar. 29, 2014	Dec. 28, 2013	Jul. 26, 2013	Mar. 30, 2013	Mar. 29, 2014	Mar. 29, 2014	Mar. 29, 2014
In Thousands, unless otherwise specified		Interest Rate Swap	Interest Rate Swap	Interest Rate Swap	Interest Rate Swap	Interest Rate Swap	Interest Rate Swap	Interest Rate Swap	Interest Rate Swap	Interest Rate Swap
						Cash Flow Hedging	Cash Flow Hedging	Cash Flow Hedging	Cash Flow Hedging	Cash Flow Hedging
								31-Mar-14	3-Apr-17	1-Apr-19
Derivative	'	'	'	'	'	'	'	'	'	'
Notional amount	'	'	'	'	'	$1,500,000	$470,000	$1,500,000	$1,250,000	$1,000,000
Forward starting interest rate swap, termination date	'	2-Apr-20	27-Jan-14	'	'	'	'	'	'	'
Forward-starting interest rate swap, effective date	'	31-Mar-14	'	'	'	'	'	31-Mar-14	3-Apr-17	1-Apr-19
Derivative interest rate swap percentage	'	'	'	2.38%	'	'	'	'	'	'
Cumulative losses for qualifying hedges reported as a component of accumulated other comprehensive income/(loss), net of tax	'	'	'	12,785	4,603	'	'	'	'	'
Cumulative losses for qualifying hedges reported as a component of accumulated other comprehensive income/(loss), before tax	'	'	'	20,960	7,546	'	'	'	'	'
Derivative losses included in accumulated other comprehensive income/(loss) that are expected to be reclassified into earnings within the next 12 months, net of tax	11,570	'	'	'	'	'	'	'	'	'
Derivative losses included in accumulated other comprehensive income/(loss) that are expected to be reclassified into earnings within the next 12 months, before tax	$18,967	'	'	'	'	'	'	'	'	'

Fair_Value_Measurements_Additi

Fair Value Measurements - Additional Information (Detail) (USD $)	Mar. 29, 2014	Mar. 30, 2013
In Thousands, unless otherwise specified	Mar. 29, 2014	Mar. 30, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Fair value of long-term debt	$1,895,179	$2,403,021

Aggregate_Fair_Value_of_Deriva

Aggregate Fair Value of Derivative Financial Instruments (Detail) (Fair Value, Measurements, Recurring, Interest Rate Swap, USD $)	Mar. 29, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified	Mar. 29, 2014	Dec. 28, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis	'	'
Interest rate swap liability	$20,960	$7,578
Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets (Level 1)	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis	'	'
Interest rate swap liability	0	0
Fair Value Measurements Using Significant Other Observable Inputs (Level 2)	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis	'	'
Interest rate swap liability	20,960	7,578
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis	'	'
Interest rate swap liability	$0	$0

Changes_in_Accumulated_Other_C

Changes in Accumulated Other Comprehensive Income by Component (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014		Mar. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'
Beginning Balance	$8,517	[1]	$12,859	[1]
Other comprehensive loss before reclassifications, net of tax	-9,057	[1]	-57	[1]
Amounts reclassified from accumulated other comprehensive income, net of tax	500	[1],[2]	1,621	[1],[2]
Net current period other comprehensive income (loss)	-8,557	[1]	1,564	[1]
Ending Balance	-40	[1]	14,423	[1]
Loss on Qualifying Hedges	'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'
Beginning Balance	-4,603	[1]	-6,602	[1]
Other comprehensive loss before reclassifications, net of tax	-8,682	[1]	-24	[1]
Amounts reclassified from accumulated other comprehensive income, net of tax	500	[1],[2]	1,621	[1],[2]
Net current period other comprehensive income (loss)	-8,182	[1]	1,597	[1]
Ending Balance	-12,785	[1]	-5,005	[1]
Foreign Currency Translation Adjustments	'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'
Beginning Balance	13,120	[1]	19,461	[1]
Other comprehensive loss before reclassifications, net of tax	-375	[1]	-33	[1]
Amounts reclassified from accumulated other comprehensive income, net of tax	0	[1],[2]	0	[1],[2]
Net current period other comprehensive income (loss)	-375	[1]	-33	[1]
Ending Balance	$12,745	[1]	$19,428	[1]

[1]	Amounts in parentheses indicate debits
[2]	See separate table below for details about these reclassifications

Reclassifications_out_of_Accum

Reclassifications out of Accumulated Other Comprehensive Income (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014		Mar. 30, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Interest expense	($25,262)		($22,550)
Income before income taxes	36,061		79,273
Provision for income taxes	-14,530		-30,520
Net income	21,531		48,753
Reclassification out of Accumulated Other Comprehensive Income \| Loss on Qualifying Hedges \| Interest Rate Contract	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Interest expense	-820	[1]	-2,657	[1]
Income before income taxes	-820	[1]	-2,657	[1]
Provision for income taxes	320	[1]	1,036	[1]
Net income	($500)	[1]	($1,621)	[1]

[1]	Amounts in parentheses indicate debits to profit / loss

Segment_Data_Additional_Inform

Segment Data - Additional Information (Detail)	3 Months Ended
	Mar. 29, 2014
	Segment
Segment Reporting Information [Line Items]	'
Number of reportable segments	4

Information_About_Reportable_S

Information About Reportable Segments (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014	Mar. 30, 2013
Segment Reporting Information [Line Items]	'	'
Net revenue	$409,358	$490,790
Segment operating income	51,053	103,119
Interest expense	25,262	22,550
Other expense, net	270	1,296
Gain on Brazil acquisition	-10,540	0
Provision for taxes	14,530	30,520
Net income	21,531	48,753
Depreciation and amortization	13,413	12,269
Operating Segments	'	'
Segment Reporting Information [Line Items]	'	'
Segment operating income	63,193	115,568
Depreciation and amortization	9,277	9,783
General corporate expenses	'	'
Segment Reporting Information [Line Items]	'	'
General corporate expenses	-12,140	-12,449
Depreciation and amortization	4,136	2,486
North America	'	'
Segment Reporting Information [Line Items]	'	'
Net revenue	264,406	332,864
North America \| Operating Segments	'	'
Segment Reporting Information [Line Items]	'	'
Segment operating income	57,808	102,450
Depreciation and amortization	7,978	8,491
United Kingdom	'	'
Segment Reporting Information [Line Items]	'	'
Net revenue	42,199	48,945
United Kingdom \| Operating Segments	'	'
Segment Reporting Information [Line Items]	'	'
Segment operating income	-1,546	4,930
Depreciation and amortization	358	287
Continental Europe	'	'
Segment Reporting Information [Line Items]	'	'
Net revenue	84,231	82,201
Continental Europe \| Operating Segments	'	'
Segment Reporting Information [Line Items]	'	'
Segment operating income	5,843	4,089
Depreciation and amortization	593	558
Other	'	'
Segment Reporting Information [Line Items]	'	'
Net revenue	18,522	26,780
Other \| Operating Segments	'	'
Segment Reporting Information [Line Items]	'	'
Segment operating income	1,088	4,099
Depreciation and amortization	$348	$447

Restructuring_Charges_Addition

Restructuring Charges - Additional Information (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2014
Restructuring Cost and Reserve [Line Items]	'
Employee termination benefit costs, pretax	$3,656
Employee termination benefit costs, after tax	2,235
Expected restructuring charges and related cost during remainder of current fiscal year	6,500
Restructuring liability	3,630
Payments for restructuring liability	26
Cost of Revenues	'
Restructuring Cost and Reserve [Line Items]	'
Employee termination benefit costs, pretax	1,512
Selling, General and Administrative Expenses	'
Restructuring Cost and Reserve [Line Items]	'
Employee termination benefit costs, pretax	$2,144