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Derivatives and Risk Management (Tables) | 12 Months Ended
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Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of outstanding forward contracts | As of December 31, 2022, the Company had the following outstanding forward contracts designated as cash flow hedges that were entered into to hedge the future payments of intercompany inventory transactions (in millions):
Functional Currency |  | Contract Currency
Type |  | Amount |  | Type |  | Amount
Euro |  | 93.0 |  |  | U.S. dollar |  | 99.9 |
Canadian dollar |  | 50.1 |  |  | U.S. dollar |  | 38.0 |
Mexican peso |  | 337.6 |  |  | U.S. dollar |  | 16.5 |
British pound |  | 7.9 |  |  | U.S. dollar |  | 9.8 |
Japanese yen |  | 1,070.5 |  |  | U.S. dollar |  | 8.3 |
Australian dollar |  | 9.0 |  |  | U.S. dollar |  | 6.2 |
U.S. dollar |  | 12.4 |  |  | Japanese Yen |  | 1,620.0 |
Schedule of derivatives instruments statements of financial performance and financial position, location | The effective portion of gains and losses on cash flow hedges that were recognized in other comprehensive income (loss), net of taxes during fiscal years 2022, 2021 and 2020 are set forth below (in thousands):
Fiscal Year | 2022 |  | 2021 |  | 2020
Cash flow hedges: |  |  |  |  |
Forward contracts | $ | 12,176 |  |  | $ | 5,868 |  |  | $ | 2,217 |
Total gain (loss) recognized in other comprehensive income (loss), net of taxes | $ | 12,176 |  |  | $ | 5,868 |  |  | $ | 2,217 |
Schedule of effective portion of gains and losses on derivative instruments designated and qualifying as cash flow hedges recorded in 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 | The following table illustrates the effective portion of gains and losses on derivative instruments recorded in 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 fiscal years 2022, 2021 and 2020 (in thousands):
Derivative Instruments |  | Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) Location |  | Effect of Derivative Instruments |  | Fiscal Year 2022 |  | Fiscal Year 2021 |  | Fiscal Year 2020
Forward contracts designated as cash flow hedging instruments |  | Cost of sales |  | Total gain (loss) reclassified from accumulated other comprehensive income (loss) |  | $ | 10,789 |  |  | $ | 2,429 |  |  | $ | 3,748 |
Forward contracts designated as cash flow hedging instruments |  | Other income (expense)-net |  | Total gain (loss) reclassified from accumulated other comprehensive income (loss) |  | $ | 3,334 |  |  | $ | (55) |  |  | $ | 602 |
Forward contracts not designated as hedging instruments |  | Other income (expense)-net |  | Total gain (loss) recognized in income |  | $ | 128 |  |  | $ | 37 |  |  | $ | (113) |
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 consolidated balance sheets in which the fair value amounts for these categories of derivative instruments are included (in thousands):
| Asset Derivatives |  | Liability Derivatives
| December 31, 2022 |  | January 1, 2022 |  | December 31, 2022 |  | January 1, 2022
| Consolidated Balance Sheets Location |  | Fair Value |  | Consolidated Balance Sheets Location |  | Fair Value |  | Consolidated Balance Sheets Location |  | Fair Value |  | Consolidated Balance Sheets Location |  | Fair Value
Forward contracts designated as cash flow hedging instruments | Prepaid expenses and other current assets |  | $ | 2,783 |  |  | Prepaid expenses and other current assets |  | $ | 3,452 |  |  | Accrued expenses-other |  | $ | 2,659 |  |  | Accrued expenses-other |  | $ | 177 |
Forward contracts not designated as cash flow hedging instruments | Prepaid expenses and other current assets |  | — |  |  | Prepaid expenses and other current assets |  | — |  |  | Accrued expenses-other |  | 16 |  |  | Accrued expenses-other |  | — |
Forward contracts designated as cash flow hedging instruments | Intangible and other assets-net |  | 112 |  |  | Intangible and other assets-net |  | — |  |  | Other long-term liabilities |  | 318 |  |  | Other long-term liabilities |  | — |
Total |  |  | $ | 2,895 |  |  |  |  | $ | 3,452 |  |  |  |  | $ | 2,993 |  |  |  |  | $ | 177 |
The following table summarizes the effects of the Company's derivative instruments on earnings (in thousands):
|  | Effect of Derivative Instruments
|  | Fiscal Year 2022 |  | Fiscal Year 2021
|  | Cost of Sales |  | Other Income (Expense)-net |  | Cost of Sales |  | Other Income (Expense)-net
Total amounts of income and expense line items presented in the consolidated statements of income (loss) and comprehensive income (loss) in which the effects of cash flow hedges are recorded |  | $ | 851,760 |  |  | $ | (1,416) |  |  | $ | 903,662 |  |  | $ | (14,500) |
Gain (loss) on cash flow hedging relationships: |  |  |  |  |  |  |  |
Forward contracts designated as cash flow hedging instruments: |  |  |  |  |  |  |  |
Total gain (loss) reclassified from other comprehensive income (loss) |  | 10,789 |  |  | 3,334 |  |  | 2,429 |  |  | (55) |
Forward contracts not designated as cash flow hedging instruments: |  |  |  |  |  |  |  |
Total gain (loss) recognized in income |  | — |  |  | 128 |  |  | — |  |  | 37 |

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