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Fair Value Measurements and Fair Value of Financial Instruments (Tables)
 6 Months Ended
Jul. 01, 2017
Fair Value Disclosures [Abstract]  
Fair Value of Assets and Liabilities Measured on a Recurring Basis
The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis:
 
 
Fair Value as of July 1, 2017
(In thousands)
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
 
Money market funds and time deposits
 
$
16,166

 
$
—

 
$
—

 
$
16,166

Forward currency-exchange contracts
 
$
—

 
$
67

 
$
—

 
$
67

Interest rate swap agreement
 
$
—

 
$
48

 
$
—

 
$
48

Banker's acceptance drafts (a)
 
$
—

 
$
10,181

 
$
—

 
$
10,181

 
 
 
 
 
 
 
 
 
Liabilities:
 
 

 
 

 
 

 
 

Forward currency-exchange contracts
 
$
—

 
$
2,042

 
$
—

 
$
2,042

 
 
Fair Value as of December 31, 2016
(In thousands)
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
 
Money market funds and time deposits
 
$
10,855

 
$
—

 
$
—

 
$
10,855

Forward currency-exchange contracts
 
$
—

 
$
2

 
$
—

 
$
2

Interest rate swap agreement
 
$
—

 
$
62

 
$
—

 
$
62

Banker's acceptance drafts (a)
 
$
—

 
$
7,852

 
$
—

 
$
7,852

 
 
 
 
 
 
 
 
 
Liabilities:
 
 

 
 

 
 

 
 

Forward currency-exchange contracts
 
$
—

 
$
278

 
$
—

 
$
278


(a)
Included in accounts receivable in the accompanying condensed consolidated balance sheet.
Carrying Value and Fair Value of Debt Obligations
The carrying value and fair value of the Company's long-term debt obligations are as follows:
 
 
July 1, 2017
 
December 31, 2016
 
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
(In thousands)
 
 
 
 
Long-term Debt Obligations:
 
 
 
 
 
 
 
 
Revolving credit facility
 
$
60,673

 
$
60,673

 
$
61,494

 
$
61,494

Capital lease obligations
 
4,050

 
4,050

 
3,857

 
3,857

Other borrowings
 
348

 
348

 
417

 
417

 
 
$
65,071

 
$
65,071

 
$
65,768

 
$
65,768