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Comprehensive Income (Tables)
6 Months Ended
Jul. 03, 2022
Equity [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in accumulated other comprehensive income (loss) for the twenty-six weeks ended July 4, 2021 and July 3, 2022.

 

 

 

Cash Flow
Hedges

 

Balance at January 3, 2021

 

$

(8,474

)

Other comprehensive income (loss), net of tax

 

 

 

Unrealized gains on cash flow hedging activities, net of income tax of $1,485

 

 

4,295

 

Reclassification of net losses on cash flow hedges to net income, net of income
    tax of ($
740)

 

 

(2,140

)

Total other comprehensive income (loss)

 

 

2,155

 

Balance at July 4, 2021

 

$

(6,319

)

 

 

 

 

Balance at January 2, 2022

 

$

(3,758

)

Other comprehensive income (loss), net of tax

 

 

 

Unrealized gains on cash flow hedging activities, net of income tax of $2,018

 

 

5,834

 

Reclassification of net losses on cash flow hedges to net income, net of income
    tax of ($
651)

 

 

(1,883

)

Total other comprehensive income (loss)

 

 

3,951

 

Balance at July 3, 2022

 

$

193