Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 29, 2019

Fair Value Disclosures [Abstract]

Summary of Fair Value Information and Derivative Financial Instruments

The following table summarizes the financial instruments measured at fair value in the Consolidated Balance Sheets as of March 29, 2019 and December 31, 2018:

(Thousands)	Total Carrying Value in the Consolidated Balance Sheets				Quoted Prices in  Active Markets  for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	2019		2018		2019		2018		2019		2018		2019		2018
Financial Assets
Deferred compensation investments	$	2,915	$	2,156	$	2,915	$	2,156	$	—	$	—	$	—	$	—
Foreign currency forward contracts	495		246		—		—		495		246		—		—
Precious metal swaps	112		237		—		—		112		237		—		—
Copper swaps	273		—		—		—		273		—		—		—
Total	$	3,795	$	2,639	$	2,915	$	2,156	$	880	$	483	$	—	$	—
Financial Liabilities
Deferred compensation liability	$	2,915	$	2,156	$	2,915	$	2,156	$	—	$	—	$	—	$	—
Foreign currency forward contracts	136		432		—		—		136		432		—		—
Precious metal swaps	144		135		—		—		144		135		—		—
Copper swaps	29		569		—		—		29		569		—		—
Total	$	3,224	$	3,292	$	2,915	$	2,156	$	309	$	1,136	$	—	$	—