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CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables) | 9 Months Ended
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Oct. 02, 2021
Equity [Abstract] |
Deferred Components of AOCL in Equity, Net of Related Taxes, and Changes in AOCL | The following table presents deferred components of AOCL in equity, net of related taxes:
(In thousands) |  |  | September 2021 |  |  | December 2020 |  | September 2020
Foreign currency translation |  |  | $ | (89,764) |  |  |  | $ | (80,178) |  |  | $ | (101,057) |
Defined benefit pension plans |  |  | (1,822) |  |  |  | (1,889) |  |  | (2,356) |
Derivative financial instruments |  |  | (2,549) |  |  |  | (12,740) |  |  | (19,384) |
Accumulated other comprehensive loss |  |  | $ | (94,135) |  |  |  | $ | (94,807) |  |  | $ | (122,797) |
The following tables present changes in AOCL, net of related tax impact:
| Three Months Ended September 2021 |
| Foreign Currency Translation |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  |  |
(In thousands) |  |  |  | Total |
Balance, June 2021 | $ | (83,192) |  |  | $ | (1,826) |  |  | $ | (3,951) |  |  | $ | (88,969) |  |
Other comprehensive income (loss) due to gains (losses) arising before reclassifications | (6,572) |  |  | — |  |  | 434 |  |  | (6,138) |  |
Reclassifications to net income of previously deferred (gains) losses | — |  |  | 4 |  |  | 968 |  |  | 972 |  |
Net other comprehensive income (loss) | (6,572) |  |  | 4 |  |  | 1,402 |  |  | (5,166) |  |
Balance, September 2021 | $ | (89,764) |  |  | $ | (1,822) |  |  | $ | (2,549) |  |  | $ | (94,135) |  |
| Three Months Ended September 2020 |
| Foreign Currency Translation |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  |  |
(In thousands) |  |  |  | Total |
Balance, June 2020 | $ | (108,129) |  |  | $ | (2,289) |  |  | $ | (20,880) |  |  | $ | (131,298) |  |
Other comprehensive income (loss) due to gains (losses) arising before reclassifications | 7,072 |  |  | (77) |  |  | (469) |  |  | 6,526 |  |
Reclassifications to net income of previously deferred (gains) losses | — |  |  | 10 |  |  | 1,965 |  |  | 1,975 |  |
Net other comprehensive income (loss) | 7,072 |  |  | (67) |  |  | 1,496 |  |  | 8,501 |  |
Balance, September 2020 | $ | (101,057) |  |  | $ | (2,356) |  |  | $ | (19,384) |  |  | $ | (122,797) |  |
| Nine Months Ended September 2021 |
| Foreign Currency Translation |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  |  |
(In thousands) |  |  |  | Total
Balance, December 2020 | $ | (80,178) |  |  | $ | (1,889) |  |  | $ | (12,740) |  |  | $ | (94,807) |  |
Other comprehensive income (loss) before reclassifications | (9,586) |  |  | — |  |  | 4,631 |  |  | (4,955) |  |
Reclassifications to net income of previously deferred (gains) losses | — |  |  | 67 |  |  | 5,560 |  |  | 5,627 |  |
Net other comprehensive income (loss) | (9,586) |  |  | 67 |  |  | 10,191 |  |  | 672 |  |
Balance, September 2021 | $ | (89,764) |  |  | $ | (1,822) |  |  | $ | (2,549) |  |  | $ | (94,135) |  |
| Nine Months Ended September 2020 |
| Foreign Currency Translation |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  |  |
(In thousands) |  |  |  | Total |
Balance, December 2019 | $ | (84,118) |  |  | $ | (2,301) |  |  | $ | 6,721 |  |  | $ | (79,698) |  |
Other comprehensive income (loss) before reclassifications | (16,939) |  |  | (85) |  |  | (24,944) |  |  | (41,968) |  |
Reclassifications to net income of previously deferred (gains) losses | — |  |  | 30 |  |  | (1,161) |  |  | (1,131) |  |
Net other comprehensive income (loss) | (16,939) |  |  | (55) |  |  | (26,105) |  |  | (43,099) |  |
Balance, September 2020 | $ | (101,057) |  |  | $ | (2,356) |  |  | $ | (19,384) |  |  | $ | (122,797) |  |
Reclassification out of AOCL | The following table presents reclassifications out of AOCL:
(In thousands) |  |  |  | Three Months Ended September |  | Nine Months Ended September
Details About Accumulated Other Comprehensive Loss Reclassifications |  | Affected Line Item in the Financial Statements |  |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020
Defined benefit pension plans: |  |  |  |  |  |  |  |  |  |  |  |
Net change in deferred losses during the period |  | Selling, general and administrative expenses |  |  | $ | (4) |  |  |  | $ | (14) |  |  |  | $ | (89) |  |  |  | $ | (42) |
Total before tax |  |  |  |  | (4) |  |  |  | (14) |  |  |  | (89) |  |  |  | (42) |
Income taxes |  | Income taxes |  |  | — |  |  |  | 4 |  |  |  | 22 |  |  |  | 12 |
Net of tax |  |  |  |  | (4) |  |  |  | (10) |  |  |  | (67) |  |  |  | (30) |
Gains (losses) on derivative financial instruments: |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency exchange contracts |  | Net revenues |  |  | $ | 47 |  |  |  | $ | (36) |  |  |  | $ | 247 |  |  |  | $ | (588) |
Foreign currency exchange contracts |  | Cost of goods sold |  |  | 58 |  |  |  | (578) |  |  |  | (2,775) |  |  |  | 4,778 |
Foreign currency exchange contracts |  | Other expense, net |  |  | (170) |  |  |  | 36 |  |  |  | (597) |  |  |  | 173 |
Interest rate swap agreements |  | Interest expense |  |  | (1,507) |  |  |  | (1,636) |  |  |  | (4,515) |  |  |  | (3,216) |
Total before tax |  |  |  |  | (1,572) |  |  |  | (2,214) |  |  |  | (7,640) |  |  |  | 1,147 |
Income taxes |  | Income taxes |  |  | 604 |  |  |  | 249 |  |  |  | 2,080 |  |  |  | 14 |
Net of tax |  |  |  |  | (968) |  |  |  | (1,965) |  |  |  | (5,560) |  |  |  | 1,161 |
Total reclassifications for the period, net of tax |  |  | $ | (972) |  |  |  | $ | (1,975) |  |  |  | $ | (5,627) |  |  |  | $ | 1,131 |

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