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Shareholders' equity (Tables) | 3 Months Ended
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Apr. 02, 2023
Equity [Abstract] |
Reconciliation of Basic to Diluted Weighted Average Common Shares Outstanding | The following table provides a reconciliation of basic to diluted weighted average number of common shares outstanding:
| Three Months Ended |  |
| April 2, 2023 |  | March 27, 2022 |  |  |  |
Basic | 46,949 |  |  | 46,876 |  |  |  |  |
Dilutive effect of share-based awards | 336 |  |  | 526 |  |  |  |  |
Diluted | 47,285 |  |  | 47,402 |  |  |  |  |
Change in Accumulated Other Comprehensive Income (Loss) | The following tables provide information relating to the changes in accumulated other comprehensive loss, net of tax, for the three months ended April 2, 2023 and March 27, 2022:
| Cash Flow Hedges |  | Pension and Other Postretirement Benefit Plans |  | Foreign Currency Translation Adjustment |  | Accumulated Other Comprehensive (Loss) Income
Balance as of December 31, 2022 | $ | 4,931 |  |  | $ | (135,799) |  |  | $ | (272,654) |  |  | $ | (403,522) |
Other comprehensive income (loss) before reclassifications | 5,260 |  |  | (184) |  |  | 18,570 |  |  | 23,646 |
Amounts reclassified from accumulated other comprehensive income | (2,852) |  |  | 1,397 |  |  | — |  |  | (1,455) |
Net current-period other comprehensive income | 2,408 |  |  | 1,213 |  |  | 18,570 |  |  | 22,191 |
Balance as of April 2, 2023 | $ | 7,339 |  |  | $ | (134,586) |  |  | $ | (254,084) |  |  | $ | (381,331) |
| Cash Flow Hedges |  | Pension and Other Postretirement Benefit Plans |  | Foreign Currency Translation Adjustment |  | Accumulated Other Comprehensive (Loss) Income
Balance as of December 31, 2021 | $ | 1,081 |  |  | $ | (138,290) |  |  | $ | (209,750) |  |  | $ | (346,959) |
Other comprehensive income (loss) before reclassifications | 57 |  |  | 246 |  |  | (23,329) |  |  | (23,026) |
Amounts reclassified from accumulated other comprehensive income | 400 |  |  | 1,340 |  |  | — |  |  | 1,740 |
Net current-period other comprehensive income (loss) | 457 |  |  | 1,586 |  |  | (23,329) |  |  | (21,286) |
Balance as of March 27, 2022 | $ | 1,538 |  |  | $ | (136,704) |  |  | $ | (233,079) |  |  | $ | (368,245) |
Reclassification of Gain/Losses into Income/Expense, Net of Tax | The following table provides information relating to the location in the statements of operations and amount of reclassifications of losses/(gains) in accumulated other comprehensive (loss) income into expense/(income), net of tax, for the three months ended April 2, 2023 and March 27, 2022:
| Three Months Ended
| April 2, 2023 |  | March 27, 2022
(Gains) Loss on foreign exchange contracts: |  |
Cost of goods sold | $ | (3,054) |  |  | $ | 398 |
Total before tax | (3,054) |  |  | 398 |
Taxes | 202 |  |  | 2 |
Net of tax | (2,852) |  |  | 400 |
Amortization of pension and other postretirement benefit items (1):
Actuarial losses | 2,066 |  |  | 2,000 |
Prior-service costs | (252) |  |  | (252) |
Total before tax | 1,814 |  |  | 1,748 |
Tax benefit | (417) |  |  | (408) |
Net of tax | 1,397 |  |  | 1,340 |
Total reclassifications, net of tax | $ | (1,455) |  |  | $ | 1,740 |
(1) These accumulated other comprehensive (loss) income components are included in the computation of net benefit expense for pension and other postretirement benefit plans.

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