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Fair Value Measurements (Tables)
9 Months Ended
Oct. 02, 2016
Fair Value Disclosures [Abstract]  
Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis
The following tables show the assets and liabilities carried at fair value measured on a recurring basis as of October 2, 2016 and January 3, 2016 classified in one of the three classifications described above:
 
 
 
Fair Value Measurements at October 2, 2016 Using:
 
Total Carrying Value at October 2, 2016
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(In thousands)
Marketable securities
$
1,539

 
$
1,539

 
$

 
$

Foreign exchange derivative assets
1,148

 

 
1,148

 

Foreign exchange derivative liabilities
(124
)
 

 
(124
)
 

Contingent consideration
(66,915
)
 

 

 
(66,915
)
 
 
 
 
Fair Value Measurements at January 3, 2016 Using:
 
Total Carrying Value at January 3, 2016
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable 
Inputs
(Level 3)
 
(In thousands)
Marketable securities
$
1,586

 
$
1,586

 
$

 
$

Foreign exchange derivative assets
2,659

 

 
2,659

 

Foreign exchange derivative liabilities
(442
)
 

 
(442
)
 

Contingent consideration
(57,350
)
 

 

 
(57,350
)
Reconciliation of Beginning and Ending Level 3 Net Liabilities
A reconciliation of the beginning and ending Level 3 net liabilities for contingent consideration is as follows:
 
Three Months Ended
 
Nine Months Ended
 
October 2,
2016
 
October 4,
2015
 
October 2,
2016
 
October 4,
2015
 
(In thousands)
Balance at beginning of period
$
(62,878
)
 
$
(475
)
 
$
(57,350
)
 
$
(91
)
Additions

 

 

 
(475
)
Amounts paid and foreign currency translation
14

 
26

 
113

 
36

Change in fair value (included within selling, general and administrative expenses)
(4,051
)
 
(70
)
 
(9,678
)
 
11

Balance at end of period
$
(66,915
)
 
$
(519
)
 
$
(66,915
)
 
$
(519
)