| Accumulated Other Comprehensive Loss |
13.Accumulated Other Comprehensive Loss Amounts reclassified out of accumulated other comprehensive loss were as follows: Changes in Accumulated Other Comprehensive Loss by Component (1)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2023 |
|
|
|
Gain on
Qualifying
Hedges |
|
|
Loss on
Foreign
Currency
Translation |
|
|
Total |
|
Beginning balance at December 31, 2022 |
|
$ |
10,723 |
|
|
$ |
(16,193 |
) |
|
$ |
(5,470 |
) |
Other comprehensive income (loss) before reclassifications, net of tax |
|
|
1,778 |
|
|
|
(1,282 |
) |
|
|
496 |
|
Amounts reclassified from accumulated other comprehensive loss, net of tax (2) |
|
|
(6,994 |
) |
|
|
— |
|
|
|
(6,994 |
) |
Net current period other comprehensive loss |
|
$ |
(5,216 |
) |
|
$ |
(1,282 |
) |
|
$ |
(6,498 |
) |
Ending balance at September 30, 2023 |
|
$ |
5,507 |
|
|
$ |
(17,475 |
) |
|
$ |
(11,968 |
) |
(1)Amounts in parentheses indicate debits (2)See separate table below for details about these reclassifications
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 Reclassifications out of Accumulated Other Comprehensive Loss (1)
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
September 30, |
|
|
October 1, |
|
|
September 30, |
|
|
October 1, |
|
|
|
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
|
|
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 |
Gain (Loss) on Qualifying Hedges |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
$ |
3,559 |
|
|
$ |
(326 |
) |
|
$ |
9,327 |
|
|
$ |
(4,575 |
) |
|
Interest expense |
|
|
3,559 |
|
|
|
(326 |
) |
|
|
9,327 |
|
|
|
(4,575 |
) |
|
Income (loss) before income taxes |
|
|
(890 |
) |
|
|
82 |
|
|
|
(2,333 |
) |
|
|
1,150 |
|
|
Benefit from income taxes |
|
$ |
2,669 |
|
|
$ |
(244 |
) |
|
$ |
6,994 |
|
|
$ |
(3,425 |
) |
|
Net income (loss) |
(1)Amounts in parentheses indicate debits to profit/loss |