Quarterly report [Sections 13 or 15(d)]

Derivative Instruments & Hedging Activities (Tables)

v3.25.1
Derivative Instruments & Hedging Activities (Tables)
3 Months Ended
Mar. 29, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Gains and Losses Related to Derivative Financial Instruments

The amount of gains and losses related to the Company’s derivative financial instruments for the three months ended March 29, 2025 and March 30, 2024, are presented as follows:

 

 

Amount of Gain or (Loss) Recognized in
Other Comprehensive Income on Derivatives (Effective Portion)

 

 

Location of Gain or (Loss) Reclassified
from Accumulated Other Comprehensive Income

Amount of Gain or (Loss) Reclassified from Accumulated
Other Comprehensive Income into Earnings (Effective Portion)

 

 

 

March 29, 2025

 

March 30, 2024

 

 

into Earnings (Effective Portion)

 

March 29, 2025

 

March 30, 2024

 

Derivatives in cash flow hedging relationships:

 

 

 

 

 

 

 

 

Interest rate swap contracts

 

$

-

 

$

1.5

 

 

Interest expense, net

 

$

-

 

$

1.8

 

Interest expense presented in the Consolidated Statements of Operations, in which the effects of cash flow hedges are recorded, totaled $7.4 and $8.2 for the three months ended March 29, 2025 and March 30, 2024, respectively.