Fair Value Measurements (Tables)

3 Months Ended

Apr. 01, 2017

Fair Value Disclosures [Abstract]

Measurement of Assets and Liabilities at Fair Value on Recurring Basis

The following tables set forth the Company’s financial assets and liabilities that were measured at fair value on a recurring basis during the period, by level, within the fair value hierarchy:

	As of April 1, 2017
	Level 1		Level 2			Level 3		Total
Trading securities	$	1,907	$	—		$	—	$	1,907
Interest rate swaps	—		(1,399		)	—		(1,399		)
Foreign exchange forward contracts	—		279			—		279
	As of December 31, 2016
	Level 1		Level 2			Level 3		Total
Trading securities	$	1,787	$	—		$	—	$	1,787
Interest rate swaps	—		(1,858		)	—		(1,858		)
Foreign exchange forward contracts	—		616			—		616

Fair Value of Company's Fixed Rate Senior Notes and Junior Subordinated Debentures

The fair value of the Company's fixed rate senior notes and junior subordinated debentures as of April 1, 2017 and December 31, 2016 were determined by utilizing current trading prices obtained from indicative market data. As a result, the fair value measurements of the Company's senior term notes and debentures are considered to be Level 2.

	April 1, 2017				December 31, 2016
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
6.375% Senior Notes	$	324,166	$	313,088	$	323,888	$	304,013
Junior Subordinated Debentures	128,358		143,754		128,640		139,831