Derivative and Hedging Activities (Tables)

6 Months Ended

Jun. 26, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments gain and losses by Statement of Operations locations

Losses on the non-designated derivative instruments recognized during the periods presented were as follows (in thousands):

		Three months ended					Six months ended
	Financial Statement Location	June 26, 2020		June 28, 2019			June 26, 2020			June 28, 2019
Derivatives not designated as hedging instruments:
Gains (losses) recognized in operations	Other expense, net	$	579	$	(44	)	$	(333	)	$	(609	)

Schedule of Notional Amounts of Outstanding Derivative Positions

The U.S. dollar equivalents of all outstanding notional amounts of foreign currency forward contracts are summarized as follows (in thousands):

	June 26, 2020		December 31, 2019
Derivatives not designated as hedging instruments:
Purchase	$	24,415	$	14,806
Sell	$	1,451	$	2,629

Schedule of Derivatives Instruments Balance Sheet Location

The locations and fair value amounts of the Company’s derivative instruments reported in its Condensed Consolidated Balance Sheets are as follows (in thousands):

		Asset Derivatives					Derivative Liabilities
	Balance Sheet Location	June 26, 2020		December 31, 2019		Balance Sheet Location	June 26, 2020		December 31, 2019
Derivatives not designated as hedging instruments:
Foreign currency contracts	Prepaid expenses and other current assets	$	48	$	43	Accrued and other current liabilities	$	153	$	112
Total derivatives		$	48	$	43		$	153	$	112

Changes in fair values of non-designated foreign currency forward contracts

As of June 26, 2020, information related to the offsetting arrangements was as follows (in thousands):

	Gross Amounts of Derivatives		Gross Amounts of Derivatives Offset in the Condensed Consolidated Balance Sheets	Net Amounts of Derivatives Presented in the Condensed Consolidated Balance Sheets
Derivative assets	$	48	—	$	48
Derivative liabilities	$	153	—	$	153