Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Loss

v3.22.1
Accumulated Other Comprehensive Loss
3 Months Ended
Apr. 02, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS

11. ACCUMULATED OTHER COMPREHENSIVE LOSS

The following tables present changes in accumulated other comprehensive loss by component:

 

 

 

Unrealized
Gains and
(Losses) on
Derivative Instruments

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at January 1, 2022

 

$

(1,334

)

 

$

(47,655

)

 

$

(48,989

)

Other comprehensive income (loss) before reclassifications

 

 

8,220

 

 

 

(9,998

)

 

 

(1,778

)

Amounts reclassified from accumulated other comprehensive loss, net of tax

 

 

(846

)

 

 

 

 

 

(846

)

Tax effect

 

 

(1,750

)

 

 

2,263

 

 

 

513

 

Net current period other comprehensive income (loss)

 

 

5,624

 

 

 

(7,735

)

 

 

(2,111

)

Balance at April 2, 2022

 

$

4,290

 

 

$

(55,390

)

 

$

(51,100

)

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized
Gains and
(Losses) on
Derivative Instruments

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at January 2, 2021

 

$

(5,922

)

 

$

(28,418

)

 

$

(34,340

)

Other comprehensive income (loss) before reclassifications

 

 

3,019

 

 

 

(11,562

)

 

 

(8,543

)

Amounts reclassified from accumulated other comprehensive loss, net of tax

 

 

(809

)

 

 

 

 

 

(809

)

Tax effect

 

 

(505

)

 

 

2,444

 

 

 

1,939

 

Net current period other comprehensive income (loss)

 

 

1,705

 

 

 

(9,118

)

 

 

(7,413

)

Balance at April 3, 2021

 

$

(4,217

)

 

$

(37,536

)

 

$

(41,753

)