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Financial Instruments (Tables)
6 Months Ended
Jul. 02, 2016
Notes To Financial Statements [Abstract]  
Foreign Exchange Transaction
The fair value of the forward and option contracts was a gain of $3.1 million at the end of the second quarter of 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
 
Jul 2, 2016

 
Jan 2, 2016

Fair value
Other non-current liabilities
 
$
(610
)
 
$
(412
)
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
 
Six Months Ended
 
Presentation of Gain/(loss)
 
Jul 2, 2016
 
Jul 4, 2015

 
Jul 2, 2016
 
Jul 4, 2015

Gain/(loss) recognized in accumulated other comprehensive income
Other comprehensive income
 
$
(211
)
 
$
(4
)
 
$
(730
)
 
$
(1,301
)
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)
Interest expense
 
$
(208
)
 
$
(489
)
 
$
(525
)
 
$
(974
)
Gain/(loss) recognized in income (ineffective portion)
Other expense
 
$
(4
)
 
$
2

 
$
7

 
$
15