Derivative Financial Instruments (Tables)

3 Months Ended

Apr. 04, 2015

The Company’s derivative financial instrument in cash flow hedging relationships consisted of the following (in thousands):

		Fair Value
	Balance Sheet Location	April 4, 2015		January 3, 2015
Interest rate swap	Other assets, net	$	—	$	331
	Other non-current liabilities	165		—

The before-tax effect of derivative instruments in cash flow hedging relationships was as follows (in thousands):

	Loss Recognized in OCI on Derivatives (Effective Portion) during the:							Loss Reclassified from Accumulated OCI into Income (Effective Portion) during the:
	Three Months Ended						Location of Loss	Three Months Ended
	April 4, 2015			March 29, 2014			Reclassified into Income	April 4, 2015			March 29, 2014
Interest rate swaps	$	(626	)	$	(141	)	Interest expense	$	(130	)	$	(143	)

The before-tax effect of derivative instruments not designated as hedging instruments was as follows (in thousands):

Gain Recognized in Income		Three Months Ended April 4, 2015			Location
Foreign currency forward contracts		$	550		Other income (expense), net