Other Comprehensive Income (Tables)

3 Months Ended

Apr. 02, 2022

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		Unrealized Gain Certain Investments		Total
Balance as of January 1, 2022	$	(97,654)	$	(249,696)	$	(13,064)	$	1,330	$	(359,084)
Other comprehensive income before reclassification	(27,191)		6,244		27,155		1,348		7,556
Amounts reclassified from accumulated other comprehensive income	—		—		3,961		—		3,961
Net current-period other comprehensive income	$	(27,191)	$	6,244	$	31,116	1,348		$	11,517
Balance as of April 2, 2022	$	(124,845)	$	(243,452)	$	18,052	2,678		$	(347,567)
Balance as of January 2, 2021	$	(49,961)	$	(400,919)	$	(37,548)	$	—	$	(488,428)
Other comprehensive income before reclassification	(10,614)		(3,970)		7,389		—		(7,195)
Amounts reclassified from accumulated other comprehensive income	—		—		5,023		—		5,023
Net current-period other comprehensive income	$	(10,614)	$	(3,970)	$	12,412	$	—	$	(2,172)
Balance as of April 3, 2021	$	(60,575)	$	(404,889)	$	(25,136)	$	—	$	(490,600)

Schedule of Comprehensive Income (Loss)

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

	Three Months Ended
	Apr 2, 2022		Apr 3, 2021
Net earnings	$	85,755	$	89,263
Currency translation adjustment	(27,191)		(10,614)
Pension liability adjustment, net of tax	6,244		(3,970)
Unrealized gain on interest rate swaps, net of tax	31,116		12,412
Unrealized gain on certain investments, net of tax	1,348		—
Comprehensive income	$	97,272	$	87,091