Financial Instruments (Tables)

9 Months Ended

Oct. 03, 2015

Notes To Financial Statements [Abstract]

Foreign Exchange Transaction

The fair value of the forward and option contracts was a gain of $0.8 million at the end of the third quarter of 2015.

Sell		Purchase		Maturity
5,000,000	Euro Dollars	5,599,700	US Dollars	December 30, 2015
5,000,000	Euro Dollars	5,595,750	US Dollars	December 30, 2015
5,000,000	Euro Dollars	5,601,000	US Dollars	December 30, 2015
5,300,000	Euro Dollars	5,937,060	US Dollars	December 30, 2015
3,500,000	British Pounds	4,729,538	Euro Dollars	December 30, 2015
4,000,000	British Pounds	5,407,415	Euro Dollars	December 30, 2015
5,000,000	British Pounds	6,754,931	Euro Dollars	December 30, 2015
3,796,697	Euro Dollars	2,805,000	British Pounds	December 30, 2015
7,500,000	Australian Dollars	5,241,750	US Dollars	December 30, 2015
12,900,000	Australian Dollars	9,024,518	US Dollars	December 30, 2015
12,500,000	Australian Dollars	8,737,500	US Dollars	December 30, 2015
11,500,000	Canadian Dollars	8,685,801	US Dollars	December 30, 2015
2,300,000	Australian Dollars	1,608,505	US Dollars	December 30, 2015
10,000,000	Brazilian Reais	2,748,763	US Dollars	December 17, 2015
20,167,500	Brazilian Reais	5,000,000	US Dollars	August 23, 2016

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following tables summarize the company’s fair value of interest rate swaps (in thousands):

	Condensed Consolidated Balance Sheet Presentation	Oct 3, 2015			Jan 3, 2015
Fair value	Other non-current liabilities	$	(1,436	)	$	(810	)

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The impact on earnings from interest rate swaps was as follows (in thousands):

		Three Months Ended						Nine Months Ended
	Presentation of Gain/(loss)	Oct 3, 2015			Sep 27, 2014			Oct 3, 2015			Sep 27, 2014
Gain/(loss) recognized in accumulated other comprehensive income	Other comprehensive income	$	(768	)	$	343		$	(2,069	)	$	(768	)
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	Interest expense	$	(477	)	$	(538	)	$	(1,451	)	$	(1,653	)
Gain/(loss) recognized in income (ineffective portion)	Other expense	$	(23	)	$	25		$	(8	)	$	8