Fair Value Measurements (Tables)

6 Months Ended

Jul. 02, 2017

Fair Value Disclosures [Abstract]

Summary of assets and liabilities measured and recorded at fair value on a recurring basis

The following table summarizes the Company's assets and liabilities measured and recorded at fair value on a recurring basis as of July 2, 2017 and January 1, 2017:

	July 2, 2017						January 1, 2017
(In thousands)	Total		Level 1		Level 2		Total		Level 1		Level 2
Assets
Restricted cash and cash equivalents1:
Money market funds	$	3,005	$	3,005	$	—	$	3,002	$	3,002	$	—
Prepaid expenses and other current assets:
Derivative financial instruments (Note 11)	2,737		—		2,737		4,802		—		4,802
Other long-term assets:
Derivative financial instruments (Note 11)	9,432		—		9,432		11,429		—		11,429
Total assets	$	15,174	$	3,005	$	12,169	$	19,233	$	3,002	$	16,231
Liabilities
Accrued liabilities:
Derivative financial instruments (Note 11)	$	1,902	$	—	$	1,902	$	2,023	$	—	$	2,023
Other long-term liabilities:
Derivative financial instruments (Note 11)	1,129		—		1,129		448		—		448
Total liabilities	$	3,031	$	—	$	3,031	$	2,471	$	—	$	2,471

¹  The Company's restricted cash and cash equivalents consist of money market fund instruments and commercial paper that are classified as available-for-sale and are highly liquid investments with original maturities of 90 days or less. The Company's money market fund instruments are categorized within Level 1 of the fair value hierarchy because they are valued using quoted market prices for identical instruments in active markets.