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Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jul. 01, 2023

Equity [Abstract]

Changes in Accumulated Other Comprehensive Loss by Component

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

Changes in Accumulated Other Comprehensive Loss by Component (1)


		Six Months Ended July 1, 2023
		Gain on Qualifying Hedges				Loss on Foreign Currency Translation				Total
Beginning balance at December 31, 2022		$	10,723			$	(16,193	)		$	(5,470	)
Other comprehensive income before reclassifications, net of tax			1,569				697				2,266
Amounts reclassified from accumulated other comprehensive loss, net of tax (2)			(4,325	)			—				(4,325	)
Net current period other comprehensive (loss) income		$	(2,756	)		$	697			$	(2,059	)
Ending balance at July 1, 2023		$	7,967			$	(15,496	)		$	(7,529	)

(1)

Amounts in parentheses indicate debits

(2)

See separate table below for details about these reclassifications


		Six Months Ended July 2, 2022
		(Loss) Gain on Qualifying Hedges				Loss on Foreign Currency Translation				Total
Beginning balance at January 1, 2022		$	(10,843	)		$	(7,761	)		$	(18,604	)
Other comprehensive income (loss) before reclassifications, net of tax			11,162				(6,341	)			4,821
Amounts reclassified from accumulated other comprehensive loss, net of tax (2)			3,181				—				3,181
Net current period other comprehensive income (loss)		$	14,343			$	(6,341	)		$	8,002
Ending balance at July 2, 2022		$	3,500			$	(14,102	)		$	(10,602	)

(1)

Amounts in parentheses indicate debits

(2)

See separate table below for details about these reclassifications

Reclassifications out of Accumulated Other Comprehensive Loss

Reclassifications out of Accumulated Other Comprehensive Loss (1)


	Three Months Ended								Six Months Ended
	July 1,				July 2,				July 1,				July 2,
	2023				2022				2023				2022
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
Gain (Loss) on Qualifying Hedges
Interest rate contracts	$	3,190			$	(2,036	)		$	5,768			$	(4,249	)		Interest expense
		3,190				(2,036	)			5,768				(4,249	)		Income (loss) before income taxes
		(798	)			512				(1,443	)			1,068			Provision for (benefit from) income taxes
	$	2,392			$	(1,524	)		$	4,325			$	(3,181	)		Net income (loss)

(1)

Amounts in parentheses indicate debits to profit/loss