CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

9 Months Ended

Oct. 02, 2021

Equity [Abstract]

Deferred Components of AOCL in Equity, Net of Related Taxes, and Changes in AOCL

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

(In thousands)	September 2021		December 2020		September 2020
Foreign currency translation	$	(89,764)	$	(80,178)	$	(101,057)
Defined benefit pension plans	(1,822)		(1,889)		(2,356)
Derivative financial instruments	(2,549)		(12,740)		(19,384)
Accumulated other comprehensive loss	$	(94,135)	$	(94,807)	$	(122,797)

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

	Three Months Ended September 2021
	Foreign Currency Translation		Defined Benefit Pension Plans		Derivative Financial Instruments
(In thousands)							Total
Balance, June 2021	$	(83,192)	$	(1,826)	$	(3,951)	$	(88,969)
Other comprehensive income (loss) due to gains (losses) arising before reclassifications	(6,572)		—		434		(6,138)
Reclassifications to net income of previously deferred (gains) losses	—		4		968		972
Net other comprehensive income (loss)	(6,572)		4		1,402		(5,166)
Balance, September 2021	$	(89,764)	$	(1,822)	$	(2,549)	$	(94,135)

	Three Months Ended September 2020
	Foreign Currency Translation		Defined Benefit Pension Plans		Derivative Financial Instruments
(In thousands)							Total
Balance, June 2020	$	(108,129)	$	(2,289)	$	(20,880)	$	(131,298)
Other comprehensive income (loss) due to gains (losses) arising before reclassifications	7,072		(77)		(469)		6,526
Reclassifications to net income of previously deferred (gains) losses	—		10		1,965		1,975
Net other comprehensive income (loss)	7,072		(67)		1,496		8,501
Balance, September 2020	$	(101,057)	$	(2,356)	$	(19,384)	$	(122,797)

	Nine Months Ended September 2021
	Foreign Currency Translation		Defined Benefit Pension Plans		Derivative Financial Instruments
(In thousands)							Total
Balance, December 2020	$	(80,178)	$	(1,889)	$	(12,740)	$	(94,807)
Other comprehensive income (loss) before reclassifications	(9,586)		—		4,631		(4,955)
Reclassifications to net income of previously deferred (gains) losses	—		67		5,560		5,627
Net other comprehensive income (loss)	(9,586)		67		10,191		672
Balance, September 2021	$	(89,764)	$	(1,822)	$	(2,549)	$	(94,135)

	Nine Months Ended September 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	(16,939)		(85)		(24,944)		(41,968)
Reclassifications to net income of previously deferred (gains) losses	—		30		(1,161)		(1,131)
Net other comprehensive income (loss)	(16,939)		(55)		(26,105)		(43,099)
Balance, September 2020	$	(101,057)	$	(2,356)	$	(19,384)	$	(122,797)

Reclassification out of AOCL

The following table presents reclassifications out of AOCL:

(In thousands)		Three Months Ended September					Nine Months Ended September
Details About Accumulated Other Comprehensive Loss Reclassifications	Affected Line Item in the Financial Statements
			2021		2020			2021		2020
Defined benefit pension plans:
Net change in deferred losses during the period	Selling, general and administrative expenses		$	(4)	$	(14)		$	(89)	$	(42)
Total before tax			(4)		(14)			(89)		(42)
Income taxes	Income taxes		—		4			22		12
Net of tax			(4)		(10)			(67)		(30)
Gains (losses) on derivative financial instruments:
Foreign currency exchange contracts	Net revenues		$	47	$	(36)		$	247	$	(588)
Foreign currency exchange contracts	Cost of goods sold		58		(578)			(2,775)		4,778
Foreign currency exchange contracts	Other expense, net		(170)		36			(597)		173
Interest rate swap agreements	Interest expense		(1,507)		(1,636)			(4,515)		(3,216)
Total before tax			(1,572)		(2,214)			(7,640)		1,147
Income taxes	Income taxes		604		249			2,080		14
Net of tax			(968)		(1,965)			(5,560)		1,161
Total reclassifications for the period, net of tax			$	(972)	$	(1,975)		$	(5,627)	$	1,131