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Derivative Financial Instruments (Tables) | 6 Months Ended
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Jun. 28, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Summary of Cash Flow Hedging Instruments | At June 28, 2020, June 30, 2019 and December 29, 2019, the notional amounts and fair values of the Company's foreign currency forward contracts designated as cash flow hedging instruments were as follows:
| June 28, 2020 |  |  |  | June 30, 2019 |  |  |  | December 29, 2019 |  |
Hedged transaction | Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
Inventory purchases | $ | 255,549 |  |  | 20,093 |  |  | $ | 480,244 |  |  | 16,062 |  |  | $ | 398,800 |  |  | 8,727 |
Sales | 77,267 |  |  | 4,859 |  |  | 235,874 |  |  | 8,452 |  |  | 124,920 |  |  | 4,037 |
Production financing and other | 110,648 |  |  | 3,989 |  |  | 12,228 |  |  | 15 |  |  | 19,499 |  |  | 140 |
Total | $ | 443,464 |  |  | 28,941 |  |  | $ | 728,346 |  |  | 24,529 |  |  | $ | 543,219 |  |  | 12,904 |
Schedule of Foreign Currency Forward Contracts Designated as Cash Flow Hedges | The fair values of the Company's foreign currency forward contracts designated as cash flow hedges are recorded in the consolidated balance sheets at June 28, 2020, June 30, 2019 and December 29, 2019 as follows:
| June 28, 2020 |  | June 30, 2019 |  | December 29, 2019
Prepaid expenses and other current assets |  |  |  |  |
Unrealized gains | $ | 23,684 |  |  | 18,554 |  |  | 12,133 |
Unrealized losses | (1,033) |  |  | (1,911) |  |  | (3,955) |
Net unrealized gains | $ | 22,651 |  |  | 16,643 |  |  | 8,178 |
Other assets |  |  |  |  |
Unrealized gains | $ | 6,310 |  |  | 8,250 |  |  | 6,652 |
Unrealized losses | (20) |  |  | (271) |  |  | — |
Net unrealized gains | $ | 6,290 |  |  | 7,979 |  |  | 6,652 |
Accrued liabilities |  |  |  |  |
Unrealized gains | $ | — |  |  | — |  |  | 293 |
Unrealized losses | — |  |  | (78) |  |  | (2,219) |
Net unrealized losses | $ | — |  |  | (78) |  |  | (1,926) |
Other liabilities |  |  |  |  |
Unrealized gains | $ | — |  |  | — |  |  | — |
Unrealized losses | — |  |  | (15) |  |  | — |
Net unrealized losses | $ | — |  |  | (15) |  |  | — |
Schedule of Net Gains (Losses) on Cash Flow Hedges Activities | Net gains (losses) on cash flow hedging activities have been reclassified from other comprehensive earnings (loss) to net earnings for the quarters and six months ended June 28, 2020 and June 30, 2019 as follows:
| Quarter Ended |  |  |  | Six Months Ended |  |
| June 28, 2020 |  | June 30, 2019 |  | June 28, 2020 |  | June 30, 2019
Statements of Operations Classification |  |  |  |  |  |  |
Cost of sales | $ | 5,607 |  |  | 1,986 |  |  | $ | 9,564 |  |  | 4,600 |
Net revenues | 833 |  |  | 599 |  |  | 1,176 |  |  | 1,477 |
Other | 471 |  |  | 34 |  |  | 552 |  |  | 152 |
Net realized gains | $ | 6,911 |  |  | 2,619 |  |  | $ | 11,292 |  |  | 6,229 |
Fair Values of Undesignated Derivative Financial Instruments | At June 28, 2020, June 30, 2019 and December 29, 2019, the fair values of the Company's undesignated derivative financial instruments were recorded in the consolidated balance sheets as follows:
| June 28, 2020 |  | June 30, 2019 |  | December 29, 2019
Prepaid expenses and other current assets |  |  |  |  |
Unrealized gains | $ | — |  |  | 2,391 |  |  | — |
Unrealized losses | — |  |  | (337) |  |  | — |
Net unrealized gains | $ | — |  |  | 2,054 |  |  | — |
Accrued liabilities |  |  |  |  |
Unrealized gains | $ | 4,496 |  |  | 164 |  |  | 13 |
Unrealized losses | (7,389) |  |  | (1,965) |  |  | (3,820) |
Net unrealized losses | $ | (2,893) |  |  | (1,801) |  |  | (3,807) |
Total unrealized (losses) gains, net | $ | (2,893) |  |  | 253 |  |  | (3,807) |

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579240-113959 + Details
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