Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 29, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Cash Flow Hedging Instruments

At March 29, 2020, March 31, 2019 and December 29, 2019, the notional amounts and fair values of the Company's foreign currency forward contracts designated as cash flow hedging instruments were as follows:

	March 29, 2020			March 31, 2019		December 29, 2019
Hedged transaction	Notional Amount		Fair Value	Notional Amount	Fair Value	Notional Amount	Fair Value
Inventory purchases	$	343,227	32,186	486,999	21,649	398,800	8,727
Sales	101,120		4,761	263,221	8,358	124,920	4,037
Production financing and other	161,303		6,687	26,422	190	19,499	140
Total	$	605,650	43,634	776,642	30,197	543,219	12,904

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 March 29, 2020, March 31, 2019 and December 29, 2019 as follows:

	March 29, 2020			March 31, 2019		December 29, 2019
Prepaid expenses and other current assets
Unrealized gains	$	40,376		22,737		12,133
Unrealized losses	(1,893		)	(2,008	)	(3,955	)
Net unrealized gains	$	38,483		20,729		8,178
Other assets
Unrealized gains	$	7,128		9,752		6,652
Unrealized losses	—			(239	)	—
Net unrealized gains	$	7,128		9,513		6,652
Accrued liabilities
Unrealized gains	$	—		—		293
Unrealized losses	(1,974		)	(45	)	(2,219	)
Net unrealized losses	$	(1,974	)	(45	)	(1,926	)
Other liabilities
Unrealized gains	$	—		—		—
Unrealized losses	(3		)	—		—
Net unrealized losses	$	(3	)	—		—

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 ended March 29, 2020 and March 31, 2019 as follows:

	Quarter Ended
	March 29, 2020		March 31, 2019
Statements of Operations Classification
Cost of sales	$	3,957	2,614
Net revenues	343		878
Other	81		118
Net realized gains	$	4,381	3,610

Fair Values of Undesignated Derivative Financial Instruments

At March 29, 2020, March 31, 2019 and December 29, 2019, the fair values of the Company's undesignated derivative financial instruments were recorded in the consolidated balance sheets as follows:

	March 29, 2020			March 31, 2019		December 29, 2019
Prepaid expenses and other current assets
Unrealized gains	$	1,170		2,391		—
Unrealized losses	—			(337	)	—
Net unrealized gains	$	1,170		2,054		—
Accrued liabilities
Unrealized gains	$	1,252		—		13
Unrealized losses	(12,406		)	—		(3,820	)
Net unrealized losses	$	(11,154	)	—		(3,807	)
Total unrealized (losses) gains, net	$	(9,984	)	2,054		(3,807	)