Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Apr. 01, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value Of Outstanding Designated And Undesignated Derivative Assets And Liabilities

The fair value of our outstanding designated and undesignated derivative assets and liabilities are reported in the Consolidated Balance Sheets as follows: 

	April 1, 2017
(in thousands)	Prepaid Expenses and Other Current Assets		Other Accrued Liabilities
Designated hedge derivatives
Cash flow derivatives	$	373	$	504
Interest rate swaps	4,310		—
Total designated hedge derivatives	4,683		504
Hedge derivatives not designated
Balance sheet derivatives	—		196
Total hedge derivatives	$	4,683	$	700

	October 1, 2016
(in thousands)	Prepaid Expenses and Other Current Assets		Other Accrued Liabilities
Designated hedge derivatives
Cash flow derivatives	$	149	$	633
Hedge derivatives not designated
Balance sheet derivatives	—		78
Total hedge derivatives	$	149	$	711

Reconciliation Of The Net Fair Value Of Foreign Exchange Cash Flow Hedge Assets And Liabilities

A reconciliation of the net fair value of foreign exchange cash flow hedge assets and liabilities subject to master netting arrangements recorded in the April 1, 2017 and October 1, 2016 Consolidated Balance Sheets to the net fair value that could have been reported in the respective Consolidated Balance Sheets are as follows: 

(in thousands)	Gross Recognized Amount		Gross Offset Amount		Net Amount Presented		Derivatives Subject to Offset			Cash Collateral Received		Net Amount 1
April 1, 2017
Assets	$	4,683	$	—	$	4,683	$	—		$	—	$	4,683
Liabilities	504		—		504		—			—		504
October 1, 2016
Assets	$	149	$	—	$	149	$	(147	)	$	—	$	2
Liabilities	633		—		633		(147		)	—		486

¹  Net fair value of foreign exchange cash flow hedge assets / liabilities that could have been reported in the Consolidated Balance Sheet.

Pretax Amounts Recognized In Accumulated Other Comprehensive Income On Currency Contracts

The pretax amounts recognized in AOCI on currency exchange contracts, including (gains) losses reclassified into earnings in the Consolidated Statements of Income and gains (losses) recognized in other comprehensive income (loss) (OCI), are as follows:

	Three Months Ended						Six Months Ended
(in thousands)	April 1, 2017			April 2, 2016			April 1, 2017			April 2, 2016
Beginning unrealized net gain (loss) in AOCI	$	1,423		$	669		$	(400	)	$	608
Net (gain) loss reclassified into revenue (effective portion)	(318		)	132			(737		)	(18		)
Net gain (loss) recognized in OCI (effective portion)	(1,220		)	(1,136		)	1,022			(925		)
Ending unrealized net gain (loss) in AOCI	$	(115	)	$	(335	)	$	(115	)	$	(335	)

Pretax Amounts Recognized In AOCI On Interest Rate Swaps

The pretax amounts recognized in AOCI on interest rate swaps, including (gains) losses reclassified into earnings in the Consolidated Statements of Income and gains (losses) recognized in OCI, are as follows:

	Three Months Ended					Six Months Ended
(in thousands)	April 1, 2017			April 2, 2016		April 1, 2017		April 2, 2016
Beginning unrealized net gain (loss) in AOCI	$	4,267		$	—	$	—	$	—
Net (gain) loss reclassified into interest expense (effective portion)	416			—		416		—
Net gain (loss) recognized in OCI (effective portion)	(373		)	—		3,894		—
Ending unrealized net gain (loss) in AOCI	$	4,310		$	—	$	4,310	$	—

Net Gains (Losses) Recognized In Income For Derivative Contracts

The net gain (loss) recognized in the Consolidated Statements of Income on foreign exchange balance sheet derivative contracts was as follows:

	Three Months Ended						Six Months Ended
(in thousands)	April 1, 2017			April 2, 2016			April 1, 2017			April 2, 2016
Net gain (loss) recognized in other income (expense), net	$	(432	)	$	(743	)	$	(11	)	$	(834	)