ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

6 Months Ended

Jun. 27, 2020

Equity [Abstract]

Deferred Components of OCI Reported, Net of Related Income Taxes, in Accumulated OCI in Stockholders' Equity and Changes in Accumulated OCI

The following table presents deferred components of AOCL in equity, net of related taxes:

(In thousands)	June 2020		December 2019		June 2019
Foreign currency translation	$	(108,129)	$	(84,118)	$	(81,841)
Defined benefit pension plans	(2,289)		(2,301)		(1,072)
Derivative financial instruments	(20,880)		6,721		9,225
Accumulated other comprehensive loss	$	(131,298)	$	(79,698)	$	(73,688)

The following tables present changes in AOCL, net of related tax impact:

	Three Months Ended June 2020
	Foreign Currency Translation		Defined Benefit Pension Plans		Derivative Financial Instruments
(In thousands)							Total
Balance, March 2020	$	(111,328)	$	(2,272)	$	(19,862)	$	(133,462)
Other comprehensive income (loss) before reclassifications	3,199		(27)		(820)		2,352
Amounts reclassified from accumulated other comprehensive income (loss)	—		10		(198)		(188)
Net other comprehensive (loss) income	3,199		(17)		(1,018)		2,164
Balance, June 2020	$	(108,129)	$	(2,289)	$	(20,880)	$	(131,298)

	Three Months Ended June 2019
	Foreign Currency Translation		Defined Benefit Pension Plans		Derivative Financial Instruments
(In thousands)							Total
Balance, March 2019	$	(144,424)	$	—	$	—	$	(144,424)
Other comprehensive income (loss) before reclassifications	4,686		(14)		(2,058)		2,614
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		(362)		(362)
Net other comprehensive income (loss)	4,686		(14)		(2,420)		2,252
Amounts transferred from former parent	57,897		(1,058)		11,645		68,484
Balance, June 2019	$	(81,841)	$	(1,072)	$	9,225	$	(73,688)

	Six Months Ended June 2020
	Foreign Currency Translation		Defined Benefit Pension Plans		Derivative Financial Instruments
(In thousands)							Total
Balance, December 2019	$	(84,118)	$	(2,301)	$	6,721	$	(79,698)
Other comprehensive income (loss) before reclassifications	(24,011)		(8)		(24,475)		(48,494)
Amounts reclassified from accumulated other comprehensive income (loss)	—		20		(3,126)		(3,106)
Net other comprehensive income (loss)	(24,011)		12		(27,601)		(51,600)
Balance, June 2020	$	(108,129)	$	(2,289)	$	(20,880)	$	(131,298)

	Six Months Ended June 2019
	Foreign Currency Translation		Defined Benefit Pension Plans		Derivative Financial Instruments
(In thousands)							Total
Balance, December 2018	$	(145,182)	$	—	$	—	$	(145,182)
Other comprehensive income (loss) before reclassifications	5,444		(14)		(2,058)		3,372
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		(362)		(362)
Net other comprehensive income (loss)	5,444		(14)		(2,420)		3,010
Amounts transferred from former parent	57,897		(1,058)		11,645		68,484
Balance, June 2019	$	(81,841)	$	(1,072)	$	9,225	$	(73,688)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

(In thousands)		Three Months Ended June					Six Months Ended June
Details About Accumulated Other Comprehensive Loss Reclassifications	Affected Line Item in the Financial Statements
			2020		2019			2020		2019
Defined benefit pension plans:
Net change in deferred actuarial losses	Selling, general and administrative expenses		$	(14)	$	—		$	(28)	$	—
Total before tax			(14)		—			(28)		—
Tax benefit	Income taxes		4		—			8		—
Net of tax			(10)		—			(20)		—
Gains (losses) on derivative financial instruments:
Foreign currency exchange contracts	Net revenues		$	(194)	$	(96)		$	(552)	$	(96)
Foreign currency exchange contracts	Cost of goods sold		1,615		415			5,356		415
Foreign currency exchange contracts	Other expense, net		141		43			137		43
Interest rate swap agreements	Interest expense		(1,349)		—			(1,580)		—
Total before tax			213		362			3,361		362
Tax expense	Income taxes		(15)		—			(235)		—
Net of tax			198		362			3,126		362
Total reclassifications for the period, net of tax			$	188	$	362		$	3,106	$	362