Quarterly report [Sections 13 or 15(d)]

Derivative Instruments & Hedging Activities (Tables)

v3.25.2
Derivative Instruments & Hedging Activities (Tables)
6 Months Ended
Jun. 28, 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 six months ended June 28, 2025, and June 29, 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)

 

 

 

June 28, 2025

 

June 29, 2024

 

 

into Earnings
(Effective Portion)

 

June 28, 2025

 

June 29, 2024

 

Derivatives in cash flow hedging relationships:

 

 

 

 

 

 

 

 

Interest rate swap contracts

 

$

-

 

$

0.5

 

 

Interest expense, net

 

$

-

 

$

3.6

 

Interest expense presented in the Consolidated Statements of Operations, in which the effects of cash flow hedges are recorded, totaled $14.4 and $16.7 for the six months ended June 28, 2025, and June 29, 2024, respectively.