ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Jan. 02, 2021

Equity [Abstract]

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

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

(In thousands)	December 2020		December 2019		December 2018
Foreign currency translation	$	(80,178)	$	(84,118)	$	(145,182)
Defined benefit pension plans	(1,889)		(2,301)		—
Derivative financial instruments	(12,740)		6,721		—
Accumulated other comprehensive loss	$	(94,807)	$	(79,698)	$	(145,182)

The following table presents changes in AOCL and related tax impact:

(In thousands)	Foreign Currency Translation		Defined Benefit Pension Plans		Derivative Financial Instruments		Total
Balance, December 2017	$	(122,482)	$	—	$	—	$	(122,482)
Other comprehensive income (loss)	(22,700)		—		—		(22,700)
Net other comprehensive income (loss)	(22,700)		—		—		(22,700)
Balance, December 2018	$	(145,182)	$	—	$	—	$	(145,182)
Other comprehensive income (loss) before reclassifications	3,167		(2,010)		1,729		2,886
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		(7,380)		(7,380)
Net other comprehensive income (loss)	3,167		(2,010)		(5,651)		(4,494)
Amounts transferred from former parent	57,897		(1,058)		11,645		68,484
Income taxes	—		767		727		1,494
Balance, December 2019	(84,118)		(2,301)		6,721		(79,698)
Other comprehensive income (loss) before reclassifications	3,940		490		(26,417)		(21,987)
Amounts reclassified from accumulated other comprehensive income (loss)	—		59		2,142		2,201
Net other comprehensive income (loss)	3,940		549		(24,275)		(19,786)
Income taxes	—		(137)		4,814		4,677
Balance, December 2020	$	(80,178)	$	(1,889)	$	(12,740)	$	(94,807)

Reclassifications Out of AOCI

The following table presents reclassifications out of AOCL:

(In thousands)		Year Ended December
Details About Accumulated Other Comprehensive Loss Reclassifications	Affected Line Item in the Financial Statements		2020		2019		2018
Defined benefit pension plans:
Net change in deferred losses (gains) during the period	Selling, general and administrative expenses		$	(59)	$	—	$	—
Total before tax			(59)		—		—
Income taxes	Income taxes		15		—		—
Net of tax			(44)		—		—
Gains (losses) on derivative financial instruments:
Foreign currency exchange contracts	Net revenues		$	(458)	$	(844)	$	—
Foreign currency exchange contracts	Cost of goods sold		3,171		6,745		—
Foreign currency exchange contracts	Other expense, net		149		343		—
Interest rate swap agreements	Interest expense		(5,004)		1,136		—
Total before tax			(2,142)		7,380		—
Income taxes	Income taxes		600		(706)		—
Net of tax			(1,542)		6,674		—
Total reclassifications for the period, net of tax			$	(1,586)	$	6,674	$	—