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Derivatives (Tables)
12 Months Ended
Jan. 01, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivative instruments
The following table summarizes the fair value of derivative instruments in the accompanying consolidated balance sheet:
  January 1, 2022January 2, 2021
(In thousands)Balance Sheet
Location
Asset
(Liability) (a)
Notional
Amount (b)
Asset
(Liability) (a)
Notional
Amount
Derivatives Designated as Hedging Instruments:
Derivatives in an Asset Position: 
Forward currency-exchange contractOther Current Assets$— $— $25 $842 
Derivatives in a Liability Position:     
Forward currency-exchange contractOther Current
Liabilities
$(44)$842 $— $— 
2018 Swap AgreementOther Long-Term
Liabilities
$(550)$15,000 $(1,099)$15,000 
Derivatives Not Designated as Hedging Instruments:    
Derivatives in an Asset Position:     
Forward currency-exchange contractsOther Current Assets$14 $1,200 $12 $582 
Derivatives in a Liability Position:     
Forward currency-exchange contractsOther Current
Liabilities
$— $— $(7)$825 
(a)See Note 11, Fair Value Measurements and Fair Value of Financial Instruments, for the fair value measurements relating to these financial instruments.
(b)The year-end 2021 notional amounts are indicative of the level of the Company's recurring derivative activity during the year.
Activity in accumulated other comprehensive items (AOCI)
The following table summarizes the activity in AOCI associated with the Company's derivative instruments designated as cash flow hedges as of and for the year ended January 1, 2022:
(In thousands)Interest Rate Swap
Agreements
Forward Currency-
Exchange Contracts
Total
Unrealized (Loss) Gain, Net of Tax, at January 2, 2021$(846)$18 $(828)
   Loss (gain) reclassified to earnings (a)343 (119)224 
   Gain recognized in AOCI74 68 142 
Unrealized Loss, Net of Tax, at January 1, 2022$(429)$(33)$(462)
(a)See Note 14, Accumulated Other Comprehensive Items, for the income statement classification.