Quarterly report pursuant to Section 13 or 15(d)

Derivative Financial Instruments (Tables)

v3.10.0.1
Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 29, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Financial Instruments Included in Consolidated Balance Sheets

The fair value of the Company’s derivative financial instruments included in the Consolidated Balance Sheets are presented as follows:

 

Asset Derivatives

 

 

Liability Derivatives

 

 

Balance Sheet

 

Fair Value (1)

 

 

Balance Sheet

 

Fair Value (1)

 

 

Location

 

September 29, 2018

 

 

Location

 

September 29, 2018

 

Derivatives designated as

hedging instruments:

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap contract

Other assets

 

$

119

 

 

Other non-current liabilities

 

$

 

Derivatives not designated as

hedging instruments:

 

 

 

 

 

 

 

 

 

 

 

Forward foreign exchange contract

Other current assets

 

 

 

 

Other current liabilities

 

 

205

 

Total derivatives

 

 

$

119

 

 

 

 

$

205

 

(1) See Note 4 for further information about how the fair value of derivative assets and liabilities are determined

 

 

Schedule of Gains and Losses Related to Derivative Financial Instruments

The amount of the gains and losses related to the Company’s derivative financial instruments are presented as follows:

 

 

Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)

 

 

Location of Gain or (Loss) Reclassified from AOCI

 

Amount of Gain or (Loss) Reclassified from AOCI into Earnings (Effective Portion)

 

 

 

September 29, 2018

 

 

into Earnings (Effective Portion)

 

September 29, 2018

 

Derivatives in cash flow

hedging relationships:

 

 

 

 

 

 

 

 

 

 

Interest rate swap contract

 

$

119

 

 

Interest expense, net

 

$

(254

)

 

 

 

Amount of Gain or (Loss) Recognized

in Earnings on Derivatives

 

 

Location of Gain or (Loss) Recognized

 

 

September 29, 2018

 

 

in Earnings on Derivatives

Derivatives not designated

as hedging instruments:

 

 

 

 

 

 

Forward foreign exchange contracts

 

$

(3,573

)

 

Foreign currency transaction gain loss, net