Derivative Financial Instruments (Tables)

9 Months Ended

Oct. 01, 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	October 1, 2016		January 2, 2016
Interest rate swap	Other assets, net	$	72	$	92

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 1, 2016		October 3, 2015				October 1, 2016			October 3, 2015
Interest rate swaps	$	202	$	(459	)	Interest expense	$	(64	)	$	(165	)

	Nine Months Ended							Nine Months Ended
	October 1, 2016			October 3, 2015				October 1, 2016			October 3, 2015
Interest rate swaps	$	(211	)	$	(1,035	)	Interest expense	$	(191	)	$	(376	)

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 1, 2016			October 3, 2015		October 1, 2016			October 3, 2015		Location
Foreign currency forward contracts	$	(219	)	$	379	$	(471	)	$	825	Other, net