Other Comprehensive Income (Tables)

3 Months Ended

Apr. 01, 2023

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 December 31, 2022	$	(205,345)	$	(121,701)	$	48,574	$	—	$	(278,472)
Other comprehensive income before reclassification	26,959		(3,479)		(1,312)		—		22,168
Amounts reclassified from accumulated other comprehensive income	—		670		(7,009)		—		(6,339)
Net current-period other comprehensive income	$	26,959	$	(2,809)	$	(8,321)	—		$	15,829
Balance as of April 1, 2023	$	(178,386)	$	(124,510)	$	40,253	—		$	(262,643)
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)

Schedule of Comprehensive Income (Loss)

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

	Three Months Ended
	Apr 1, 2023		Apr 2, 2022
Net earnings	$	99,089	$	85,755
Currency translation adjustment	26,959		(27,191)
Pension liability adjustment, net of tax	(2,809)		6,244
Unrealized (loss) gain on interest rate swaps, net of tax	(8,321)		31,116
Unrealized gain on certain investments, net of tax	—		1,348
Comprehensive income	$	114,918	$	97,272