Items Reclassified from Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Schedule of Items Reclassified out of Accumulated Other Comprehensive Loss

Amounts reclassified out of accumulated other comprehensive loss (“AOCI”), before tax, to the consolidated statements of operations for the fiscal years 2023, 2022 and 2021, are reflected in the table below:

		Fiscal Year
	Statement of Operations Location	2023		2022		2021
		(in thousands)
Loss on foreign subsidiary liquidation(1)	Other expense, net	$	(6,221)	$	—	$	—
Interest rate swap contracts loss(2)	Interest expense	(982)		(2,809)		(4,861)
Amortization of benefit plan net actuarial losses and prior service cost(3)	Other expense, net	(800)		(1,875)		(2,825)
Total loss reclassified from AOCI		$	(8,003)	$	(4,684)	$	(7,686)

(1) The Company’s foreign subsidiaries in Russia and Brazil were substantially liquidated in 2023, and the cumulative foreign currency translation losses associated with these entities were recognized in the consolidated statements of operations. The tax impact of the cumulative foreign currency translation reclassification for 2023 is approximately $1.1 million.

(2) The tax impact of the interest rate swap reclassifications were $0.2 million, $0.8 million and $1.4 million for 2023, 2022 and 2021, respectively, related to the discontinued cash flow hedges. See Note 10 entitled “Derivative Instruments” for additional information.

(3) See Note 19 entitled “Employee Benefit Plans” for the tax impact of reclassifications related to the Company’s defined benefit plans.