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Derivative Instruments
6 Months Ended
Jul. 01, 2023
Derivative Instrument Detail [Abstract]  
Derivative Instruments
9.
Derivative Instruments
The following table summarizes the Company’s outstanding derivative instruments on a gross basis as recorded in its condensed consolidated balance sheets as of July 1, 2023 and December 31, 2022.
 
 
 
   
Notional Amounts
   
Derivative Liabilities
   
Derivative Assets
 
Derivative Instrument
 
July 1,
2023
   
December 31,
2022
   
July 1,
2023
   
December 31,
2022
 
                                     
               
Balance

Sheet

Line
   
Fair

Value
   
Balance

Sheet

Line
   
Fair

Value
 
   
(In thousands)
 
Undesignated Hedges:
                                   
Forward Foreign Currency Contracts
  $ 1,258       2,240      
b
 
  $ 6      
a
 
 
 
  $ 44  
 
 
 
   
 
 
     
 
 
     
 
 
 
Total Hedges
  $ 1,258       2,240       $ 6       $ 44  
 
 
 
   
 
 
     
 
 
     
 
 
 
 
a
Other current assets
b
Other accrued liabilities