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Derivatives (Tables)
9 Months Ended
Sep. 29, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
(in thousands):

Functional Currency
 
Contract Currency
Type
Amount
 
Type
Amount
Brazilian real
59,258

 
Euro
12,536

Brazilian real
242,809

 
U.S. dollar
58,903

Euro
109,577

 
U.S. dollar
129,276

Euro
19,425

 
Polish zloty
83,780

Euro
5,592

 
Japanese yen
734,893

Euro
34,973

 
Chinese renminbi
284,178

Euro
12,284

 
Australian dollar
19,850

Euro
3,191

 
British pound
2,833

Polish zloty
21,742

 
Euro
5,046

British pound
161

 
Euro
179

British pound
106

 
U.S. dollar
81

Japanese yen
184,030

 
U.S. dollar
1,674

U.S. dollar
692

 
Japanese yen
78,000

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The table below summarizes the effect of derivatives not designated as hedges on the Company's consolidated statements of operations for the three and nine months ended September 29, 2018 and September 30, 2017 (in thousands):

 
 
 
 
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges
 
 
 
 
Three Months Ended
Nine Months Ended
Derivatives not designated as hedging instruments
 
Location
 
September 29, 2018
September 30, 2017
September 29, 2018
September 30, 2017
 
 
 
 
 
 
 
 
Foreign exchange
 
Foreign currency loss/(gain)
 
$
(1,389
)
$
3,142

$
(3,216
)
$
12,418

Foreign exchange
 
Net sales
 
3,652


3,652


Foreign exchange
 
Cost of sales and operating expenses
 
(880
)

(880
)

Foreign exchange
 
Selling, general and administrative expense
 
359

(2,118
)
3,354

(3,107
)
Corn options and futures
 
Net sales
 
294

165

748

125

Corn options and futures
 
Cost of sales and operating expenses
 
(403
)
(1,566
)
(709
)
(1,250
)
Heating oil swaps and options
 
Net sales
 

492


492

Soybean meal
 
Net sales
 

(131
)

(412
)
Soybean oil
 
Net sales
 



45

Total
 
 
 
$
1,633

$
(16
)
$
2,949

$
8,311