HEDGING ACTIVITIES (Tables)

9 Months Ended

Sep. 28, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of derivative instruments at September 28, 2019 and December 29, 2018 are as follows:



Derivatives designated as hedging instruments:	Balance sheet location	September 28, 2019		December 29, 2018
Commodity forward contracts	Prepaid expenses and other assets	$	—	$	(285	)
Foreign currency forward contracts	Prepaid expenses and other assets	4,936		8,357
Cross currency swap contracts	Prepaid expenses and other assets	4,472		1,075
		$	9,408	$	9,147

Gains (losses) on derivatives recognized on statements of earnings

Gains (losses) on derivatives recognized in the condensed consolidated statements of earnings for the thirteen and thirty-nine weeks ended September 28, 2019 and September 29, 2018 are as follows:



		Thirteen weeks ended						Thirty-nine weeks ended
	Statements of earnings location	September 28, 2019			September 29, 2018			September 28, 2019			September 29, 2018
Commodity forward contracts	Product cost of sales	$	(1,329	)	$	717		$	(1,425	)	$	717
Foreign currency forward contracts	Other income (expenses)	123			230			827			230
Foreign currency forward contracts	Loss from divestiture of grinding media business	$	—		—			—			(1,215		)
Interest rate hedges	Interest expense	(16		)	(395		)	(48		)	(439		)
Cross currency swap contracts	Interest expense	769			206			2,096			206
		$	(453	)	$	758		$	1,450		$	(501	)

Schedule of notional amounts of outstanding derivative

Key terms of the two CCS are as follows:



Currency	Notional Amount		Termination Date	Swapped Interest Rate	Set Settlement Amount
Danish Krone, DKK	$	50,000	April 1, 2024	2.68%	DKK 333,625
Euro	$	80,000	April 1, 2024	2.825%	€71,550