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Financial Instruments and Risk Management (Tables)
 3 Months Ended
Mar. 31, 2018
Text Block [Abstract]  
Fair Values of Derivative Instruments
The fair values of derivative financial instruments recognized in the Condensed Consolidated Balance Sheets of the Company were as follows:
 
Balance Sheet Location
 
Fair Value
 
March 31,
2018
 
December 30,
2017
Hedges
Other current assets
 
$
1,990

 
$
1,464

Non-hedges
Other current assets
 
181

 
136

Total derivative assets
 
 
2,171

 
1,600

 
 
 
 
 
 
Hedges
Accrued liabilities
 
(11,421
)
 
(14,750
)
Non-hedges
Accrued liabilities
 
(6,611
)
 
(7,818
)
Total derivative liabilities
 
 
(18,032
)
 
(22,568
)
 
 
 
 
 
 
Net derivative liability
 
 
$
(15,861
)
 
$
(20,968
)
Effect of Cash Flow Hedge Derivative Instruments
The effect of cash flow hedge derivative instruments on the Condensed Consolidated Statements of Income and AOCI is as follows:
 
Amount of Loss
Recognized in AOCI
(Effective Portion)
 
Quarter Ended
 
March 31,
2018
 
April 1,
2017
Foreign exchange contracts
$
(1,708
)
 
$
(18,114
)
 
 
Location of Gain (Loss)
Reclassified from AOCI 
into Income
(Effective Portion)
 
Amount of Gain (Loss)
Reclassified from AOCI
into Income
(Effective Portion)
 
 
Quarter Ended
 
 
March 31,
2018
 
April 1,
2017
Foreign exchange contracts
Cost of sales
 
$
(1,665
)
 
$
298
Effect of Mark to Market Hedge Derivative Instruments on Condensed Consolidated Statements of Income
The effect of derivative contracts not designated as hedges on the Condensed Consolidated Statements of Income is as follows:
 
Location of Gain (Loss)
Recognized in Income
on Derivatives
 
Amount of Gain (Loss)
Recognized in Income
 
Quarter Ended
 
March 31,
2018
 
April 1,
2017
Foreign exchange contracts
Cost of sales
 
$
9,100

 
$
—

Foreign exchange contracts
Selling, general and administrative expenses
 
303

 
(4,264
)
Total
 
 
$
9,403

 
$
(4,264
)