Other Comprehensive Income (Tables)

9 Months Ended

Sep. 26, 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	(3,213)		6,184		(35,646)		(32,675)
Amounts reclassified from accumulated other comprehensive income	—		—		10,419		10,419
Net current-period other comprehensive income	$	(3,213)	$	6,184	$	(25,227)	$	(22,256)
Balance as of September 26, 2020	$	(108,918)	$	(222,152)	$	(42,119)	$	(373,189)
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	(27,190)		4,966		(27,201)		(49,425)
Amounts reclassified from accumulated other comprehensive income	—		—		(1,953)		(1,953)
Net current-period other comprehensive income	$	(27,190)	$	4,966	$	(29,143)	$	(51,367)
Balance as of September 28, 2019	$	(139,961)	$	(165,972)	$	(21,910)	$	(327,843)

Schedule of Comprehensive Income (Loss)

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

	Three Months Ended				Nine Months Ended
	Sep 26, 2020		Sep 28, 2019		Sep 26, 2020		Sep 28, 2019
Net earnings	$	60,516	$	82,020	$	155,457	$	243,243
Currency translation adjustment	25,851		(25,428)		(3,213)		(27,190)
Pension liability adjustment, net of tax	(6,133)		4,975		6,184		4,966
Unrealized gain (loss) on interest rate swaps, net of tax	2,653		(5,652)		(25,227)		(29,143)
Comprehensive income	$	82,887	$	55,915	$	133,201	$	191,876