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Accumulated Other Comprehensive Loss
 9 Months Ended
Oct. 01, 2016
Accumulated Other Comprehensive Loss
14. Accumulated Other Comprehensive Loss

With respect to the disclosure of the amounts reclassified from accumulated other comprehensive loss for the three and nine months ended October 3, 2015, the Company has revised the amounts previously disclosed to correct those amounts by increasing the amount reclassified related to the Loss on Qualifying Hedges from $(68) to $6,185 and $(41) to $3,773 on a pre- and after-tax basis, respectively, for the three months ended October 3, 2015, and from $476 to $18,555 and $290 to $11,319 on a pre- and after-tax basis, respectively, for the nine months ended October 3, 2015.

 

Amounts reclassified out of accumulated other comprehensive loss are as follows:

Changes in Accumulated Other Comprehensive Loss by Component (a)

 

     Nine Months Ended October 1, 2016  
     Loss on
Qualifying
Hedges		      Loss on
Foreign
Currency
Translation		      Total  

Beginning Balance at January 2, 2016

    $ (23,135 )     $ (14,130 )     $ (37,265 ) 
  

 

 

     

 

 

     

 

 

  

Other comprehensive (loss) income before reclassifications, net of tax

      (17,440 )       6,232         (11,208 ) 

Amounts reclassified from accumulated other comprehensive loss, net of tax (b)

      11,319         0         11,319   
  

 

 

     

 

 

     

 

 

  

Net current period other comprehensive loss including noncontrolling interest

      (6,121 )       6,232         111   
  

 

 

     

 

 

     

 

 

  

Less: net current period other comprehensive income attributable to the noncontrolling interest

      0         (450 )       (450 ) 
  

 

 

     

 

 

     

 

 

  

Ending Balance at October 1, 2016

    $ (29,256 )     $ (8,348 )     $ (37,604 ) 
  

 

 

     

 

 

     

 

 

  

 

(a)     Amounts in parentheses indicate debits

(b)     See separate table below for details about these reclassifications

 

     Nine Months Ended October 3, 2015  
     Loss on
Qualifying
Hedges		      Loss on
Foreign
Currency
Translation		      Total  

Beginning Balance at January 3, 2015

    $ (21,856 )     $ 1,906       $ (19,950 ) 
  

 

 

     

 

 

     

 

 

  

Other comprehensive loss before reclassifications, net of tax

      (21,468 )       (13,862 )       (35,330 ) 

Amounts reclassified from accumulated other comprehensive loss, net of tax (b)

      11,319         0         11,319   
  

 

 

     

 

 

     

 

 

  

Net current period other comprehensive loss including noncontrolling interest

      (10,149 )       (13,862 )       (24,011 ) 
  

 

 

     

 

 

     

 

 

  

Less: net current period other comprehensive loss attributable to the noncontrolling interest

      0         998         998   
  

 

 

     

 

 

     

 

 

  

Ending Balance at October 3, 2015

    $ (32,005 )     $ (10,958 )     $ (42,963 ) 
  

 

 

     

 

 

     

 

 

  

 

(a)     Amounts in parentheses indicate debits

(b)     See separate table below for details about these reclassifications

 

Reclassifications out of Accumulated Other Comprehensive Loss (a)

 

     Three Months Ended     Nine Months Ended      
     October 1,     October 3,     October 1,     October 3,      
     2016     2015     2016     2015      

Details about Other Comprehensive
Loss Components

    Amounts Reclassified from
Accumulated Other
Comprehensive Loss		     Amounts Reclassified from
Accumulated Other
Comprehensive Loss		    

Affected Line Item in the
Statement Where Net
Income is Presented

Loss on Qualifying Hedges

           

Interest rate contracts

    $ (6,185 )    $ (6,185 )    $ (18,555 )    $ (18,555 )    Interest expense
  

 

 

    

 

 

    

 

 

    

 

 

    
     (6,185 )      (6,185 )      (18,555 )      (18,555 )    Income before income taxes
     2,412        2,412        7,236        7,236      Provision for income taxes
  

 

 

    

 

 

    

 

 

    

 

 

    
   $ (3,773 )    $ (3,773 )    $ (11,319 )    $ (11,319 )    Net income
  

 

 

    

 

 

    

 

 

    

 

 

    

 

  (a)    Amounts in parentheses indicate debits to profit/loss