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Financial Instruments (Tables) | 3 Months Ended
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Apr. 01, 2023
Notes To Financial Statements [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following table summarizes the company’s fair value of interest rate swaps (in thousands):
| Condensed Consolidated Balance Sheet Presentation |  | Apr 1, 2023 |  | Dec 31, 2022
Fair value | Prepaid expense and other |  | $ | 7,034 |  |  | $ | 6,805 |
Fair value | Other assets |  | $ | 46,720 |  |  | $ | 58,180 |
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance | The impact on earnings from interest rate swaps was as follows (in thousands):
|  |  |  |  | Three Months Ended
| Presentation of Gain/(loss) |  |  |  |  |  | Apr 1, 2023 |  | Apr 2, 2022
Gain/(loss) recognized in accumulated other comprehensive income | Other comprehensive income |  |  |  |  |  | $ | (4,222) |  |  | $ | 38,047 |
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion) | Interest expense |  |  |  |  |  | $ | 7,009 |  |  | $ | (3,961) |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B + Details
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