FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Oct. 03, 2015

Schedule of the fair value hierarchy of assets and liabilities measured at fair value 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 as of October 3, 2015 (in thousands):



	Fair Value at October 3, 2015
	Level 1		Level 2		Level 3		Total
Assets:
Forward contracts	$	—	$	17,668	$	—	$	17,668
Deferred compensation plan assets:
Investment in publicly traded mutual funds	2,401		—		—		2,401
Net investment hedges	—		1,917		—		$	1,917
Total	$	2,401	$	19,585	$	—	$	21,986
Liabilities:
Contingent consideration	$	—	$	—	$	5,276	$	5,276
Forward contracts	—		1,675		—		1,675
Interest rate swap	—		3,079		—		3,079
Total	$	—	$	4,754	$	5,276	$	10,030

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of January 3, 2015 (in thousands):



	Fair Value at January 3, 2015
	Level 1		Level 2		Level 3		Total
Assets:
Forward contracts	$	—	$	27,669	$	—	$	27,669
Deferred compensation plan assets:
Investment in publicly traded mutual funds	2,477		—		—		2,477
Interest rate swap	—		1,724		—		1,724
Total	$	2,477	$	29,393	$	—	$	31,870
Liabilities:
Contingent consideration	$	—	$	—	$	7,114	$	7,114
Interest rate swap	—		2,514		—		2,514
Total	$	—	$	2,514	$	7,114	$	9,628