Derivative Financial Instruments (Tables)

9 Months Ended

Oct. 03, 2015

Derivative Financial Instruments

Schedule of derivative financial instrument

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

		Fair Value
	Balance Sheet Location	October 3, 2015		January 3, 2015
Interest rate swap	Other assets, net	$	—	$	331
	Other non-current liabilities	329		—

Schedule of before-tax effect of derivative instruments in cash flow hedging relationships

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

	Gain (Loss) Recognized in OCI on Derivatives (Effective Portion) during the:					Location of Loss Reclassified into Income	Loss Reclassified from Accumulated OCI into Income (Effective Portion) during the:
	Three Months Ended						Three Months Ended
	October 3, 2015			September 27, 2014			October 3, 2015			September 27, 2014
Interest rate swaps	$	(459	)	$	193	Interest expense	$	(165	)	$	(142	)

	Nine Months Ended							Nine Months Ended
	October 3, 2015			September 27, 2014				October 3, 2015			September 27, 2014
Interest rate swaps	$	(1,035	)	$	(434	)	Interest expense	$	(376	)	$	(428	)

Schedule of before-tax effect of derivative instruments not designated as hedging instruments

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

	Three Months Ended				Nine Months Ended
Gain (Loss) Recognized in Income	October 3, 2015		September 27, 2014		October 3, 2015		September 27, 2014		Location
Foreign currency forward contracts	$	379	$	—	$	825	$	—	Other income (expense), net