Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 29, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Cash Flow Hedging Instruments

At September 29, 2019, September 30, 2018 and December 30, 2018, the notional amounts and fair values of the Company's foreign currency forward contracts designated as cash flow hedging instruments were as follows:

	September 29, 2019				September 30, 2018			December 30, 2018
Hedged transaction	Notional Amount		Fair Value		Notional Amount	Fair Value		Notional Amount	Fair Value
Inventory purchases	$	420,839	24,462		555,661	6,827		468,305	15,089
Sales	212,062		7,231		319,421	13,027		298,194	11,232
Royalties and Other	16,935		(137	)	117,534	(2,420	)	26,341	(304	)
Total	$	649,836	31,556		992,616	17,434		792,840	26,017

Schedule of Foreign Currency Forward Contracts Designated as Cash Flow Hedges

The fair values of the Company's foreign currency forward contracts designated as cash flow hedges are recorded in the consolidated balance sheets at September 29, 2019, September 30, 2018 and December 30, 2018 as follows:

	September 29, 2019			September 30, 2018		December 30, 2018
Prepaid expenses and other current assets
Unrealized gains	$	22,529		15,414		21,718
Unrealized losses	(1,333		)	(4,079	)	(972	)
Net unrealized gains	$	21,196		11,335		20,746
Other assets
Unrealized gains	$	10,609		9,591		6,173
Unrealized losses	(249		)	(1,455	)	(843	)
Net unrealized gains	$	10,360		8,136		5,330
Accrued liabilities
Unrealized gains	$	—		596		77
Unrealized losses	—			(1,182	)	(136	)
Net unrealized losses	$	—		(586	)	(59	)
Other liabilities
Unrealized gains	$	—		1,035		—
Unrealized losses	—			(2,486	)	—
Net unrealized losses	$	—		(1,451	)	—

Schedule of Net Gains (Losses) on Cash Flow Hedges Activities

Net gains (losses) on cash flow hedging activities have been reclassified from other comprehensive earnings (loss) to net earnings for the quarters and nine months ended September 29, 2019 and September 30, 2018 as follows:

	Quarter Ended					Nine Months Ended
	September 29, 2019			September 30, 2018		September 29, 2019	September 30, 2018
Statements of Operations Classification
Cost of sales	$	4,678		3,358		9,278	(1,483	)
Net revenues	1,889			1,328		3,366	2,090
Other	(23		)	(17	)	129	(101	)
Net realized gains	$	6,544		4,669		12,773	506

Fair Values of Undesignated Derivative Financial Instruments

At September 29, 2019, September 30, 2018 and December 30, 2018, the fair values of the Company's undesignated derivative financial instruments were recorded in the consolidated balance sheets as follows:

	September 29, 2019			September 30, 2018		December 30, 2018
Prepaid expenses and other current assets
Unrealized gains	$	2,630		2,060		—
Unrealized losses	(301		)	(1,452	)	—
Net unrealized gains	$	2,329		608		—
Accrued liabilities
Unrealized gains	$	164		12		1,269
Unrealized losses	(203		)	(33	)	(2,820	)
Net unrealized losses	$	(39	)	(21	)	(1,551	)
Other liabilities
Unrealized gains	—			30		—
Unrealized losses	—			(85	)	—
Net unrealized losses	—			(55	)	—
Total unrealized (losses) gains, net	$	2,290		532		(1,551	)