| ACCUMULATED OTHER COMPREHENSIVE LOSS |
15. ACCUMULATED OTHER COMPREHENSIVE LOSS
The following table presents changes in accumulated other comprehensive loss by component:
|
|
|
Unrealized
Gains and
(Losses) on Derivative Instruments
|
|
|
Foreign
Currency
Items
|
|
|
Total
|
|
|
Balance at December 30, 2017
|
|
$
|
—
|
|
|
$
|
(6,478
|
)
|
|
$
|
(6,478
|
)
|
|
Other comprehensive loss before
reclassifications
|
|
|
(2,741
|
)
|
|
|
(37,466
|
)
|
|
|
(40,207
|
)
|
|
Amounts reclassified from accumulated
other comprehensive loss
|
|
|
432
|
|
|
|
—
|
|
|
|
432
|
|
|
Net current period other comprehensive loss
|
|
|
(2,309
|
)
|
|
|
(37,466
|
)
|
|
|
(39,775
|
)
|
|
Balance at December 29, 2018
|
|
$
|
(2,309
|
)
|
|
$
|
(43,944
|
)
|
|
$
|
(46,253
|
)
|
|
Other comprehensive loss before
reclassifications
|
|
|
(2,616
|
)
|
|
|
(9,515
|
)
|
|
|
(12,131
|
)
|
|
Amounts reclassified from accumulated
other comprehensive loss, net of tax
|
|
|
(866
|
)
|
|
|
—
|
|
|
|
(866
|
)
|
|
Tax effect
|
|
|
419
|
|
|
|
3,467
|
|
|
|
3,886
|
|
|
Net current period other comprehensive loss
|
|
|
(3,063
|
)
|
|
|
(6,048
|
)
|
|
|
(9,111
|
)
|
|
Balance at December 28, 2019
|
|
$
|
(5,372
|
)
|
|
$
|
(49,992
|
)
|
|
$
|
(55,364
|
)
|
|
Other comprehensive income before
reclassifications
|
|
|
975
|
|
|
|
27,306
|
|
|
|
28,281
|
|
|
Amounts reclassified from accumulated
other comprehensive loss, net of tax
|
|
|
(2,862
|
)
|
|
|
—
|
|
|
|
(2,862
|
)
|
|
Tax effect
|
|
|
1,337
|
|
|
|
(5,732
|
)
|
|
|
(4,395
|
)
|
|
Net current period other comprehensive (loss) income
|
|
|
(550
|
)
|
|
|
21,574
|
|
|
|
21,024
|
|
|
Balance at January 2, 2021
|
|
$
|
(5,922
|
)
|
|
$
|
(28,418
|
)
|
|
$
|
(34,340
|
)
|
The following table presents reclassifications out of accumulated other comprehensive loss:
|
Details about Accumulated Other
|
Affected Line Item in the Consolidated
|
For the year Ended
|
|
|
Comprehensive Income Components
|
Statements of Operations
|
January 2, 2021
|
|
|
December 28, 2019
|
|
|
December 29, 2018
|
|
|
Derivative financial instruments
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate swap
|
Interest expense, net
|
$
|
(3,712
|
)
|
|
$
|
(1,110
|
)
|
|
$
|
(547
|
)
|
|
|
Tax benefit
|
|
850
|
|
|
|
244
|
|
|
|
115
|
|
|
|
Net of tax
|
$
|
(2,862
|
)
|
|
$
|
(866
|
)
|
|
$
|
(432
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total reclassifications for the period
|
|
$
|
(2,862
|
)
|
|
$
|
(866
|
)
|
|
$
|
(432
|
)
|
|