Derivative Financial Instruments (Tables)

6 Months Ended

Jul. 02, 2016

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	July 2, 2016		January 2, 2016
Interest rate swap	Other assets, net	$	—	$	92
	Other non-current liabilities	193		—

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
	July 2, 2016			July 4, 2015			July 2, 2016			July 4, 2015
Interest rate swaps	$	(126	)	$	50	Interest expense	$	(61	)	$	(81	)

	Six Months Ended							Six Months Ended
	July 2, 2016			July 4, 2015				July 2, 2016			July 4, 2015
Interest rate swaps	$	(412	)	$	(576	)	Interest expense	$	(127	)	$	(211	)

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					Six Months Ended
Gain (Loss) Recognized in Income	July 2, 2016		July 4, 2015			July 2, 2016			July 4, 2015		Location
Foreign currency forward contracts	$	48	$	(104	)	$	(252	)	$	446	Other, net