Other Comprehensive Income (Tables)

6 Months Ended

Jun. 27, 2020

Disclosure Other Comprehensive Income Additional Information [Abstract]

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

Changes in accumulated other comprehensive income⁽¹⁾ were as follows (in thousands):

	Currency Translation Adjustment		Pension Benefit Costs		Unrealized Gain/(Loss) Interest Rate Swap		Total
Balance as of December 28, 2019	$	(105,705)	$	(228,336)	$	(16,892)	$	(350,933)
Other comprehensive income before reclassification	(29,064)		12,317		(33,141)		(49,888)
Amounts reclassified from accumulated other comprehensive income	—		—		5,261		5,261
Net current-period other comprehensive income	$	(29,064)	$	12,317	$	(27,880)	$	(44,627)
Balance as of June 27, 2020	$	(134,769)	$	(216,019)	$	(44,772)	$	(395,560)
Balance as of December 29, 2018	$	(112,771)	$	(170,938)	$	7,233	$	(276,476)
Adoption of ASU 2017-12 (2)	—		—		11		11
Other comprehensive income before reclassification	(1,762)		(9)		(21,952)		(23,723)
Amounts reclassified from accumulated other comprehensive income	—		—		(1,550)		(1,550)
Net current-period other comprehensive income	$	(1,762)	$	(9)	$	(23,491)	$	(25,262)
Balance as of June 29, 2019	$	(114,533)	$	(170,947)	$	(16,258)	$	(301,738)

Schedule of Comprehensive Income (Loss)

Components of other comprehensive income were as follows (in thousands):

	Three Months Ended				Six Months Ended
	Jun 27, 2020		Jun 29, 2019		Jun 27, 2020		Jun 29, 2019
Net earnings	$	21,162	$	92,210	$	94,941	$	161,223
Currency translation adjustment	19,852		(12,445)		(29,064)		(1,762)
Pension liability adjustment, net of tax	(2,491)		5,254		12,317		(9)
Unrealized loss on interest rate swaps, net of tax	(2,661)		(14,124)		(27,880)		(23,491)
Comprehensive income	$	35,862	$	70,895	$	50,314	$	135,961