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Stockholders' Equity
 9 Months Ended
Sep. 27, 2016
Stockholders' Equity Attributable to Parent [Abstract]  
Stockholders' Equity
Stockholders' Equity

Share Repurchase Authorization

On June 5, 2014, the Company's Board of Directors approved a three year share repurchase authorization of up to $600 million of the Company's Class A common stock (the “2014 repurchase authorization”), pursuant to which the Company may repurchase shares from time to time on the open market or in privately negotiated transactions and which may be made under a Rule 10b5-1 plan. On April 15, 2015, the Company's Board of Directors approved an increase of the 2014 repurchase authorization to $750 million. During the thirty-nine weeks ended September 27, 2016, the Company repurchased 839,759 shares under the 2014 repurchase authorization, at an average price of $201.15 per share, for an aggregate purchase price of approximately $168.9 million. On May 19, 2016, the Company's Board of Directors terminated the 2014 repurchase authorization program.

On May 19, 2016, the Company's Board of Directors approved a new three year share repurchase authorization of up to $600 million of the Company's Class A common stock (the "2016 repurchase authorization"), pursuant to which the Company may repurchase shares from time to time on the open market or in privately negotiated transactions and which may be made under a Rule 10b5-1 plan. Repurchased shares may be retired immediately and resume the status of authorized but unissued shares or may be held by the Company as treasury stock. The 2016 repurchase authorization may be modified, suspended, or discontinued by the Company's Board of Directors at any time. As of September 27, 2016, the Company had repurchased a total of 557,981 shares under the 2016 share repurchase authorization, at a weighted average price of $213.21 per share, for an aggregate purchase price of approximately $119.0 million, of which $7.5 million remained unpaid as of September 27, 2016. These repurchases traded during the thirteen weeks ended September 27, 2016 and settled in the subsequent quarter. There was approximately $481.0 million available under the 2016 repurchase authorization as of September 27, 2016.

In total, during the thirty-nine weeks ended September 27, 2016, the Company repurchased 1,397,740 shares under the 2014 repurchase authorization and 2016 repurchase authorization, at an average price of $205.97 per share, for an aggregate purchase price of approximately $287.9 million.

Accumulated Other Comprehensive Income (Loss)

The following table summarizes changes in accumulated other comprehensive income (loss), net of tax, for the thirteen weeks ended September 27, 2016 and September 29, 2015 (in thousands):
 
Foreign Currency Translation Adjustment
 
Cash Flow Hedging Instruments
 
Total
September 27, 2016
Net gains (losses), beginning of period
$
(2,631
)
 
$
(5,870
)
 
$
(8,501
)
Net gains (losses) recognized in OCI before reclassifications
(84
)
 
689

 
605

Net (gains) losses reclassified from AOCI to earnings
—

 
418

 
418

Other comprehensive income (loss), net of tax
(84
)
 
1,107

 
1,023

Net gains (losses), end of period
$
(2,715
)
 
$
(4,763
)
 
$
(7,478
)
 
 
 
 
 
 
September 29, 2015
Net gains (losses), beginning of period
$
(2,063
)
 
$
—

 
$
(2,063
)
Net gains (losses) recognized in OCI before reclassifications
(963
)
 
(2,967
)
 
(3,930
)
Net (gains) losses reclassified from AOCI to earnings
—

 
—

 
—

Other comprehensive income (loss), net of tax
(963
)
 
(2,967
)
 
(3,930
)
Net gains (losses), end of period
$
(3,026
)
 
$
(2,967
)
 
$
(5,993
)


The following table summarizes changes in accumulated other comprehensive income (loss), net of tax, for the thirty-nine weeks ended September 27, 2016 and September 29, 2015 (in thousands):
 
Foreign Currency Translation Adjustment
 
Cash Flow Hedging Instruments
 
Total
September 27, 2016
Net gains (losses), beginning of period
$
(3,486
)
 
$
(1,543
)
 
$
(5,029
)
Net gains (losses) recognized in OCI before reclassifications
771

 
(3,638
)
 
(2,867
)
Net (gains) losses reclassified from AOCI to earnings
—

 
418

 
418

Other comprehensive income (loss), net of tax
771

 
(3,220
)
 
(2,449
)
Net gains (losses), end of period
$
(2,715
)
 
$
(4,763
)
 
$
(7,478
)
 
 
 
 
 
 
September 29, 2015
Net gains (losses), beginning of period
$
(1,360
)
 
$
—

 
$
(1,360
)
Net gains (losses) recognized in OCI before reclassifications
(1,666
)
 
(2,967
)
 
(4,633
)
Net (gains) losses reclassified from AOCI to earnings
—

 
—

 
—

Other comprehensive income (loss), net of tax
(1,666
)
 
(2,967
)
 
(4,633
)
Net gains (losses), end of period
$
(3,026
)
 
$
(2,967
)
 
$
(5,993
)