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Derivatives (Tables)
 12 Months Ended
Dec. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instruments
The following table summarizes the fair value of the Company's derivative instruments in the accompanying consolidated balance sheet:
 
 
 
 
December 28, 2019
 
December 29, 2018
(In thousands)
 
Balance Sheet
Location
 
Asset
(Liability) (a)
 
Notional
Amount (b)
 
Asset
(Liability) (a)
 
Notional
Amount
Derivatives Designated as Hedging Instruments:
 
 
 
 
 
 
 
 
 
 
Derivatives in an Asset Position:
 
 
 
 
 
 
 
 
 
 
2015 Swap Agreement
 
Other Current Assets
 
$
11

 
$
10,000

 
$
—

 
$
—

2015 Swap Agreement
 
Other Long-Term
Assets
 
$
—

 
$
—

 
$
148

 
$
10,000

Forward currency-exchange contracts
 
Other Long Term
Assets
 
$
—

 
$
—

 
$
11

 
$
842

Derivatives in a Liability Position:
 
 
 
 

 
 

 
 

 
 

Forward currency-exchange contracts
 
Other Current
Liabilities
 
$
(75
)
 
$
4,825

 
$
(50
)
 
$
2,946

2018 Swap Agreement
 
Other Long-Term
Liabilities
 
$
(770
)
 
$
15,000

 
$
(352
)
 
$
15,000

Derivatives Not Designated as Hedging Instruments:
 
 
 
 

 
 

 
 

 
 

Derivatives in an Asset Position:
 
 
 
 

 
 

 
 

 
 

Forward currency-exchange contracts
 
Other Current
Assets
 
$
3

 
$
387

 
$
9

 
$
1,192

Derivatives in a Liability Position:
 
 
 
 

 
 

 
 

 
 

Forward currency-exchange contracts
 
Other Current
Liabilities
 
$
(43
)
 
$
2,545

 
$
(31
)
 
$
1,384


(a)
See Note 11 for the fair value measurements relating to these financial instruments.
(b)
The total 2019 notional amounts are indicative of the level of the Company's recurring derivative activity.
Activity in Accumulated Other Comprehensive Items (OCI)
The following table summarizes the activity in AOCI associated with the Company's derivative instruments designated as cash flow hedges as of and for the year ended December 28, 2019:
(In thousands)
 
Interest Rate Swap
Agreements
 
Forward Currency-
Exchange Contracts
 
Total
Unrealized Loss, Net of Tax, at December 29, 2018
 
$
(170
)
 
$
(27
)
 
$
(197
)
     Loss reclassified to earnings (a)
 
6

 
117

 
123

     Loss recognized in AOCI
 
(425
)
 
(145
)
 
(570
)
Unrealized Loss, Net of Tax, at December 28, 2019
 
$
(589
)
 
$
(55
)
 
$
(644
)

(a)
See Note 14 for the income statement classification.