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DERIVATIVES AND RISK MANAGEMENT (Tables) | 9 Months Ended
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Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of outstanding forward contracts | As of September 30, 2017, the Company had the following outstanding forward contracts designated as cash flow hedges that were entered into to hedge the future payments of inventory transactions (in millions):
Functional Currency |  | Contract Currency
Type |  | Amount |  | Type |  | Amount
Euro |  | 253.4 |  |  | U.S. dollar |  | 291.0 |
Canadian dollar |  | 95.0 |  |  | U.S. dollar |  | 73.2 |
British pound |  | 43.5 |  |  | U.S. dollar |  | 58.1 |
Japanese yen |  | 4,636.4 |  |  | U.S. dollar |  | 42.8 |
Mexican peso |  | 378.6 |  |  | U.S. dollar |  | 20.3 |
Australian dollar |  | 21.2 |  |  | U.S. dollar |  | 16.5 |
U.S. dollar |  | 41.1 |  |  | Japanese yen |  | 4,470.0 |
Schedule of effective portion of gains and losses on derivative instruments recognized in other comprehensive income (loss), net of taxes | The effective portion of gains and losses on cash flow hedges that were recognized in other comprehensive income (loss), net of taxes during the Third Quarter, Prior Year Quarter, Year To Date Period and Prior Year YTD Period are set forth below (in thousands):
| For the 13 Weeks Ended September 30, 2017 |  | For the 13 Weeks Ended October 1, 2016
Cash flow hedges: |  |  |  |  |
Forward contracts | $ | (13,923 | ) |  | $ | 2,708 |
Interest rate swaps | 3 |  |  | 296 |
Total gain (loss) recognized in other comprehensive income (loss), net of taxes | $ | (13,920 | ) |  | $ | 3,004 |
| For the 39 Weeks Ended September 30, 2017 |  | For the 39 Weeks Ended October 1, 2016
Cash flow hedges: |  |  |  |  |
Forward contracts | $ | (21,731 | ) |  | $ | 2,488 |
Interest rate swaps | 146 |  |  | (1,217 | )
Total gain (loss) recognized in other comprehensive income (loss), net of taxes | $ | (21,585 | ) |  | $ | 1,271 |
Schedule of effective portion of gains and losses on derivative instruments recognized in other comprehensive income (loss), net of taxes reclassified into earnings and derivatives not designated as hedging instruments recorded directly to earnings | The following table illustrates the effective portion of gains and losses on derivative instruments recorded in accumulated other comprehensive income (loss), net of taxes during the term of the hedging relationship and reclassified into earnings, and gains and losses on derivatives not designated as hedging instruments recorded directly to earnings during the Third Quarter, Prior Year Quarter, Year To Date Period and Prior Year YTD Period (in thousands):
Derivative Instruments |  | Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) Location |  | Effect of Derivative Instruments |  | For the 13 Weeks Ended September 30, 2017 |  | For the 13 Weeks Ended October 1, 2016
Forward contracts designated as cash flow hedging instruments |  | Other income (expense)-net |  | Total gain (loss) reclassified from accumulated other comprehensive income (loss) |  | $ | (4,133 | ) |  | $ | 1,907 |
Forward contracts not designated as hedging instruments |  | Other income (expense)-net |  | Total gain (loss) recognized in income |  | $ | (12 | ) |  | $ | 75 |
Interest rate swap designated as a cash flow hedging instrument |  | Interest expense |  | Total gain (loss) reclassified from accumulated other comprehensive income (loss) |  | $ | (16 | ) |  | $ | (263 | )
Derivative Instruments |  | Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) Location |  | Effect of Derivative Instruments |  | For the 39 Weeks Ended September 30, 2017 |  | For the 39 Weeks Ended October 1, 2016
Forward contracts designated as cash flow hedging instruments |  | Other income (expense)-net |  | Total gain (loss) reclassified from accumulated other comprehensive income (loss) |  | $ | 36 |  |  | $ | 6,858 |
Forward contracts not designated as hedging instruments |  | Other income (expense)-net |  | Total gain (loss) recognized in income |  | $ | 170 |  |  | $ | (222 | )
Interest rate swap designated as a cash flow hedging instrument |  | Interest expense |  | Total gain (loss) reclassified from accumulated other comprehensive income (loss) |  | $ | (257 | ) |  | $ | (846 | )
Schedule of fair value amounts for derivative instruments as separate asset and liability values on a gross basis and their location on condensed consolidated balance sheets | The following table discloses the fair value amounts for the Company’s derivative instruments as separate asset and liability values, presents the fair value of derivative instruments on a gross basis, and identifies the line items in the condensed consolidated balance sheets in which the fair value amounts for these categories of derivative instruments are included (in thousands):
|  | Asset Derivatives |  | Liability Derivatives
|  | September 30, 2017 |  | December 31, 2016 |  | September 30, 2017 |  | December 31, 2016
Derivative Instruments |  | Condensed Consolidated Balance Sheets Location |  | Fair Value |  | Condensed Consolidated Balance Sheets Location |  | Fair Value |  | Condensed Consolidated Balance Sheets Location |  | Fair Value |  | Condensed Consolidated Balance Sheets Location |  | Fair Value
Forward contracts designated as cash flow hedging instruments |  | Prepaid expenses and other current assets |  | $ | 2,710 |  |  | Prepaid expenses and other current assets |  | $ | 23,288 |  |  | Accrued expenses- other |  | $ | 15,215 |  |  | Accrued expenses- other |  | $ | 4,696 |
Forward contracts not designated as cash flow hedging instruments |  | Prepaid expenses and other current assets |  | 72 |  |  | Prepaid expenses and other current assets |  | — |  |  | Accrued expenses- other |  | 1 |  |  | Accrued expenses- other |  | 2 |
Interest rate swap designated as a cash flow hedging instrument |  | Prepaid expenses and other current assets |  | 109 |  |  | Prepaid expenses and other current assets |  | — |  |  | Accrued expenses- other |  | 15 |  |  | Accrued expenses- other |  | 613 |
Forward contracts designated as cash flow hedging instruments |  | Intangible and other assets-net |  | 448 |  |  | Intangible and other assets-net |  | 5,648 |  |  | Other long-term liabilities |  | 4,557 |  |  | Other long-term liabilities |  | 268 |
Interest rate swap designated as a cash flow hedging instrument |  | Intangible and other assets-net |  | — |  |  | Intangible and other assets-net |  | 73 |  |  | Other long-term liabilities |  | — |  |  | Other long-term liabilities |  | — |
Total |  |  |  | $ | 3,339 |  |  |  |  | $ | 29,009 |  |  |  |  | $ | 19,788 |  |  |  |  | $ | 5,579 |

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- Definition Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
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