Fair Value Measurements (Tables)

3 Months Ended

Mar. 28, 2020

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis

The following table presents the carrying amount, estimated fair values and categorization under the fair value hierarchy for financial instruments held by the Company, using market information and what management believes to be appropriate valuation methodologies:

	March 28, 2020						December 31, 2019
	Carrying Amount		Fair Value				Carrying Amount		Fair Value
Assets:			Level 1		Level 2				Level 1		Level 2
Cash and cash equivalents	$	42,672	$	42,672	$	—	$	64,025	$	64,025	$	—
Foreign currency forward contracts (a)	—		—		—		5,108		—		5,108
Liabilities (b):
Interest rate swaps (a)	2,276		—		2,276		639		—		639
Foreign currency forward contracts (a)	28,932		—		28,932		1,115		—		1,115
Fixed-rate long-term debt	578,083		—		280,049		585,027		—		465,449
Variable-rate long-term debt	494,582		—		498,875		494,299		—		498,875

(a) These items represent derivative instruments.

(b) Liabilities exclude finance lease obligation.