| Changes in Accumulated Other Comprehensive Loss by Component |
Amounts reclassified out of accumulated other comprehensive loss were as follows: Changes in Accumulated Other Comprehensive Loss by Component (1)
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
Nine Months Ended October 1, 2022 |
|
|
|
(Loss) Gain on
Qualifying
Hedges |
|
|
Loss on
Foreign
Currency
Translation |
|
|
Total |
|
Beginning balance at January 1, 2022 |
|
$ |
(10,843 |
) |
|
$ |
(7,761 |
) |
|
$ |
(18,604 |
) |
Other comprehensive income (loss) before
reclassifications, net of tax |
|
|
17,350 |
|
|
|
(13,488 |
) |
|
|
3,862 |
|
Amounts reclassified from accumulated other
comprehensive loss, net of tax (2) |
|
|
3,425 |
|
|
|
— |
|
|
|
3,425 |
|
Net current period other comprehensive income (loss) |
|
|
20,775 |
|
|
|
(13,488 |
) |
|
|
7,287 |
|
Ending balance at October 1, 2022 |
|
$ |
9,932 |
|
|
$ |
(21,249 |
) |
|
$ |
(11,317 |
) |
(1)Amounts in parentheses indicate debits (2)See separate table below for details about these reclassifications
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|
Nine Months Ended October 2, 2021 |
|
|
|
Loss on
Qualifying
Hedges |
|
|
Loss on
Foreign
Currency
Translation |
|
|
Total |
|
Beginning balance at January 2, 2021 |
|
$ |
(20,979 |
) |
|
$ |
(4,170 |
) |
|
$ |
(25,149 |
) |
Other comprehensive income (loss) before
reclassifications, net of tax |
|
|
418 |
|
|
|
(2,349 |
) |
|
|
(1,931 |
) |
Amounts reclassified from accumulated other
comprehensive loss, net of tax (2) |
|
|
6,028 |
|
|
|
— |
|
|
|
6,028 |
|
Net current period other comprehensive income (loss) |
|
|
6,446 |
|
|
|
(2,349 |
) |
|
|
4,097 |
|
Ending balance at October 2, 2021 |
|
$ |
(14,533 |
) |
|
$ |
(6,519 |
) |
|
$ |
(21,052 |
) |
(1)Amounts in parentheses indicate debits (2)See separate table below for details about these reclassifications
|
| Reclassifications out of Accumulated Other Comprehensive Loss |
Reclassifications out of Accumulated Other Comprehensive Loss (1)
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|
Three Months Ended |
|
|
Nine Months Ended |
|
|
October 1, |
|
|
October 2, |
|
|
October 1, |
|
|
October 2, |
|
|
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
|
|
Details about Other Comprehensive
Loss Components |
Amounts Reclassified from
Accumulated Other
Comprehensive Loss |
|
|
Amounts Reclassified from
Accumulated Other
Comprehensive Loss |
Affected Line Item in the
Statement Where Net
Income is Presented |
Loss on Qualifying Hedges |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
$ |
(326 |
) |
|
$ |
(2,213 |
) |
|
$ |
(4,575 |
) |
|
$ |
(8,058 |
) |
|
Interest expense |
|
|
(326 |
) |
|
|
(2,213 |
) |
|
|
(4,575 |
) |
|
|
(8,058 |
) |
|
(Loss) income before income taxes |
|
|
82 |
|
|
|
557 |
|
|
|
1,150 |
|
|
|
2,030 |
|
|
(Benefit from) provision for income taxes |
|
$ |
(244 |
) |
|
$ |
(1,656 |
) |
|
$ |
(3,425 |
) |
|
$ |
(6,028 |
) |
|
Net (loss) income |
(1)Amounts in parentheses indicate debits to profit/loss
|