Summary of Significant Accounting Policies (Tables)

9 Months Ended

Oct. 03, 2015

Accounting Policies [Abstract]

Summary of Income Tax Examinations

A summary of the tax years that remain subject to examination in the company’s major tax jurisdictions are: 

United States - federal	2012 – 2014
United States - states	2005 – 2014
Australia	2011 – 2014
Brazil	2010 – 2014
Canada	2009 – 2014
China	2005 – 2014
Czech Republic	2013 – 2014
Denmark	2012 – 2014
France	2011 – 2014
Germany	2012 – 2014
India	2013 – 2014
Ireland	2009 – 2014
Italy	2010 – 2014
Luxembourg	2011 – 2014
Mexico	2010 – 2014
Netherlands	2000 – 2014
Philippines	2012 – 2014
Romania	2005 – 2014
Scotland	2011 – 2014
South Korea	2010 – 2011
Spain	2011 – 2014
Sweden	2008 – 2014
Switzerland	2008 – 2014
Taiwan	2010 – 2012
United Kingdom	2011 – 2014

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The company’s financial liabilities that are measured at fair value and are categorized using the fair value hierarchy are as follows (in thousands):

	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3		Total
As of October 3, 2015
Financial Liabilities:
Interest rate swaps	$	—	$	1,436	$	—	$	1,436
Contingent consideration	$	—	$	—	$	12,289	$	12,289
As of January 3, 2015
Financial Liabilities:
Interest rate swaps	$	—	$	810	$	—	$	810
Contingent consideration	$	—	$	—	$	14,558	$	14,558