Company's assets and liabilities measured at fair value for each fair value hierarchy level [Table Text Block] |
A summary of the Company’s assets and liabilities that are measured at fair value for each fair value hierarchy level for the periods presented is as follows: | | | | | | | | | | | | | | | | | | April 1, 2016 | | Level One | | Level Two | | Level Three | | Total | | (In thousands) | Assets: | | | | | | | | Cash equivalents | $ | 20,455 |
| | $ | — |
| | $ | — |
| | $ | 20,455 |
| Foreign currency contracts related to sales - designated as hedges | — |
| | 2,228 |
| | — |
| | 2,228 |
| Foreign currency contracts related to sales - not designated as hedges | — |
| | 1,922 |
| | — |
| | 1,922 |
| Foreign currency contracts related to purchases - designated as hedges | — |
| | 1,889 |
| | — |
| | 1,889 |
| Foreign currency contracts related to purchases - not designated as hedges | — |
| | 64 |
| | — |
| | 64 |
| Deferred compensation plans | — |
| | 4,216 |
| | — |
| | 4,216 |
| | $ | 20,455 |
| | $ | 10,319 |
| | $ | — |
| | $ | 30,774 |
| | | | | | | | | Liabilities: | | | | | | | | Foreign currency contracts related to sales - designated as hedges | $ | — |
| | $ | 5,950 |
| | $ | — |
| | $ | 5,950 |
| Foreign currency contracts related to sales - not designated as hedges | — |
| | 199 |
| | — |
| | 199 |
| Foreign currency contracts related to purchases - designated as hedges | — |
| | 1,049 |
| | — |
| | 1,049 |
| Foreign currency contracts related to purchases - not designated as hedges | — |
| | 890 |
| | — |
| | 890 |
| Deferred compensation plans | — |
| | 4,216 |
| | — |
| | 4,216 |
| | $ | — |
| | $ | 12,304 |
| | $ | — |
| | $ | 12,304 |
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| | | | | | | | | | | | | | | | | | December 31, 2015 | | Level One | | Level Two | | Level Three | | Total | | (In thousands) | Assets: | | | | | | | | Cash equivalents | $ | 22,516 |
| | $ | — |
| | $ | — |
| | $ | 22,516 |
| Foreign currency contracts related to sales - designated as hedges | — |
| | 988 |
| | — |
| | 988 |
| Foreign currency contracts related to sales - not designated as hedges | — |
| | 664 |
| | — |
| | 664 |
| Foreign currency contracts related to purchases - designated as hedges | — |
| | 1,554 |
| | — |
| | 1,554 |
| Foreign currency contracts related to purchases - not designated as hedges | — |
| | 338 |
| | — |
| | 338 |
| Deferred compensation plans | — |
| | 4,000 |
| | — |
| | 4,000 |
| | $ | 22,516 |
| | $ | 7,544 |
| | $ | — |
| | $ | 30,060 |
| | | | | | | | | Liabilities: | | | | | | | | Foreign currency contracts related to sales - designated as hedges | $ | — |
| | $ | 6,368 |
| | $ | — |
| | $ | 6,368 |
| Foreign currency contracts related to sales - not designated as hedges | — |
| | 969 |
| | — |
| | 969 |
| Foreign currency contracts related to purchases - designated as hedges | — |
| | 322 |
| | — |
| | 322 |
| Foreign currency contracts related to purchases - not designated as hedges | — |
| | 128 |
| | — |
| | 128 |
| Deferred compensation plans | — |
| | 4,000 |
| | — |
| | 4,000 |
| | $ | — |
| | $ | 11,787 |
| | $ | — |
| | $ | 11,787 |
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There were no transfers in or out of Level One, Two or Three during the three months ended April 1, 2016.
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Schedule of Foreign Exchange Contracts, Notional Values |
As of April 1, 2016 and December 31, 2015, the Company had foreign currency contracts with the following notional values: | | | | | | | | | | April 1, 2016 | | December 31, 2015 | | (In thousands) | Foreign currency contracts sold - not designated as hedges | $ | 120,217 |
| | $ | 119,653 |
| Foreign currency contracts sold - designated as hedges | 186,063 |
| | 206,366 |
| Foreign currency contracts purchased - not designated as hedges | 36,215 |
| | 41,480 |
| Foreign currency contracts purchased - designated as hedges | 61,866 |
| | 62,794 |
| Total foreign currency derivatives | $ | 404,361 |
| | $ | 430,293 |
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Schedule of Derivative Instruments, Gain (Loss) in Condensed Consolidated Financial Statements [Table Text Block] |
The Company recognized the following in its Condensed Consolidated Financial Statements related to its derivative instruments: | | | | | | | | | | Three Months Ended | | April 1, 2016 | | March 27, 2015 | | (In thousands) | Contracts Designated as Hedges: | | Foreign Currency Contracts - related to customer sales contracts: | | | | Unrealized loss | $ | (1,205 | ) | | $ | (5,759 | ) | Realized gain | 2,369 |
| | 452 |
| Foreign Currency Contracts - related to supplier purchase contracts: | | | | Unrealized loss | (347 | ) | | (2,553 | ) | Realized gain | 33 |
| | 1,313 |
| Unrealized (loss) gain on net investment hedges(1) | (10,573 | ) | | 28,685 |
| Contracts Not Designated in a Hedge Relationship: | | | | Foreign Currency Contracts - related to customer sales contracts: | | | | Unrealized gain | 2,028 |
| | 526 |
| Realized loss | (13 | ) | | (3,726 | ) | Foreign Currency Contracts - related to supplier purchases contracts: | | | | Unrealized loss | (1,036 | ) | | (144 | ) | Realized (loss) gain | (36 | ) | | 579 |
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(1) The unrealized (loss) gain on net investment hedges is attributable to the change in valuation of Euro denominated debt.
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