Annual report [Section 13 and 15(d), not S-K Item 405]

Derivative Instruments & Hedging Activities (Tables)

v3.25.4
Derivative Instruments & Hedging Activities (Tables)
 12 Months Ended
Jan. 03, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Gains and Losses Related to Derivative Financial Instruments

Gains and losses related to the Company’s derivative financial instruments for the 2025, 2024 and 2023 years are presented as follows:

 

 

Amount of Gain or (Loss) Recognized in Other
Comprehensive Income on Derivative
(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)

 

 

 

January 3, 2026

 

 

December 28, 2024

 

 

December 30, 2023

 

 

into Earnings
(Effective Portion)

 

January 3, 2026

 

 

December 28, 2024

 

 

December 30, 2023

 

Derivatives in cash flow hedging relationships:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate
   swap contracts

 

$

(5.4

)

 

$

0.5

 

 

$

(4.4

)

 

Interest expense, net

 

$

(5.4

)

 

$

3.6

 

 

$

7.0

 

 

 

Amount of Gain or (Loss) Recognized
in Earnings on Derivatives

 

 

Location of Gain or (Loss)
Recognized

 

 

January 3, 2026

 

 

December 28, 2024

 

 

December 30, 2023

 

 

in Earnings on Derivatives

Derivatives not designated as hedging instruments:

 

 

 

Forward foreign exchange contracts

 

$

(0.6

)

 

$

—

 

 

$

(0.3

)

 

Foreign currency transaction gain / loss, net