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Shareholders' equity (Tables)
9 Months Ended
Oct. 01, 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 EndedNine Months Ended
October 1, 2023September 25, 2022October 1, 2023September 25, 2022
Basic46,992 46,906 46,974 46,894 
Dilutive effect of share-based awards307 357 330 443 
Diluted47,299 47,263 47,304 47,337 
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 nine months ended October 1, 2023 and September 25, 2022:
Cash Flow HedgesPension and Other Postretirement Benefit PlansForeign Currency Translation AdjustmentAccumulated Other Comprehensive (Loss) Income
Balance as of December 31, 2022$4,931 $(135,799)$(272,654)$(403,522)
Other comprehensive income (loss) before reclassifications9,109 (76)(13,368)(4,335)
Amounts reclassified from accumulated other comprehensive (loss) income(8,320)4,027 — (4,293)
Net current-period other comprehensive income (loss)789 3,951 (13,368)(8,628)
Balance as of October 1, 2023$5,720 $(131,848)$(286,022)$(412,150)
 Cash Flow HedgesPension and Other Postretirement Benefit PlansForeign Currency Translation AdjustmentAccumulated Other Comprehensive (Loss) Income
Balance as of December 31, 2021$1,081 $(138,290)$(209,750)$(346,959)
Other comprehensive income (loss) before reclassifications6,871 1,980 (123,576)(114,725)
Amounts reclassified from accumulated other comprehensive (loss) income(1,335)3,827 — 2,492 
Net current-period other comprehensive income (loss)5,536 5,807 (123,576)(112,233)
Balance as of September 25, 2022$6,617 $(132,483)$(333,326)$(459,192)
Reclassification of Gain/Losses into Income/Expense, Net of Tax
The following table provides information relating to the location in the statements of operations and amount of reclassifications of losses/(gains) in accumulated other comprehensive (loss) income into (income) expense, net of tax, for the three and nine months ended October 1, 2023 and September 25, 2022:
Three Months EndedNine Months Ended
October 1, 2023September 25, 2022October 1, 2023September 25, 2022
(Gains) Loss on foreign exchange contracts:
Cost of goods sold$(3,499)$(1,614)$(8,734)$(1,445)
Total before tax(3,499)(1,614)(8,734)(1,445)
Taxes34 84 414 110 
Net of tax(3,465)(1,530)(8,320)(1,335)
Amortization of pension and other postretirement benefit items (1):
Actuarial losses1,851 1,758 5,986 5,747 
Prior-service costs(252)(252)(756)(756)
Total before tax1,599 1,506 5,230 4,991 
Tax benefit(368)(352)(1,203)(1,164)
Net of tax1,231 1,154 4,027 3,827 
Total reclassifications, net of tax$(2,234)$(376)$(4,293)$2,492 
(1) These accumulated other comprehensive (loss) income components are included in the computation of net benefit expense for pension and other postretirement benefit plans.