XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.1

Fair Value Measurements and Fair Value of Financial Instruments (Tables)

3 Months Ended

Apr. 03, 2021

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 April 3, 2021
(In thousands)						Level 1						Level 2						Level 3						Total
Assets:
Money market funds and time deposits						$	10,637					$	—					$	—					$	10,637
Banker's acceptance drafts (a)						$	—					$	10,347					$	—					$	10,347
Liabilities:
2018 Swap Agreement						$	—					$	933					$	—					$	933
Forward currency-exchange contracts						$	—					$	12					$	—					$	12

						Fair Value as of January 2, 2021
(In thousands)						Level 1						Level 2						Level 3						Total
Assets:
Money market funds and time deposits						$	8,054					$	—					$	—					$	8,054
Banker's acceptance drafts (a)						$	—					$	9,445					$	—					$	9,445
Forward currency-exchange contracts						$	—					$	37					$	—					$	37
Liabilities:
2018 Swap Agreement						$	—					$	1,099					$	—					$	1,099
Forward currency-exchange contracts						$	—					$	7					$	—					$	7

(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 debt obligations, excluding lease obligations and other borrowings, are as follows:

						April 3, 2021												January 2, 2021
						Carrying Value						Fair Value						Carrying Value						Fair Value
(In thousands)
Debt Obligations:
Revolving credit facility						$	207,257					$	207,257					$	217,963					$	217,963
Senior promissory notes						10,000						11,130						10,000						11,157
						$	217,257					$	218,387					$	227,963					$	229,120

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration