Derivative Instruments and Hedging Activity Tables (Tables)

6 Months Ended

Jun. 28, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DerivativeInstrumentsNonHedging [Table Text Block]

The following table summarizes the notional amount and the fair value of the Company’s outstanding derivatives not designated as hedging instruments (on a gross basis) and balance sheet classification as of June 28, 2019 and December 31, 2018:

	June 28, 2019				December 31, 2018
(Thousands)	Notional Amount		Fair Value		Notional Amount		Fair Value
Foreign currency forward contracts - euro
Prepaid expenses	$	2,421	$	27	$	8,767	$	244
Other liabilities and accrued items	3,836		52		8,771		249

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

following table summarizes the notional amount and the fair value of the Company’s outstanding derivatives designated as cash flow hedges (on a gross basis) and balance sheet classification as of June 28, 2019 and December 31, 2018:

	June 28, 2019				December 31, 2018
(Thousands)	Notional Amount		Fair Value		Notional Amount		Fair Value
Prepaid expenses
Foreign currency forward contracts - yen	$	1,465	$	9	$	—	$	—
Foreign currency forward contracts - euro	7,475		83		725		2
Precious metal swaps	—		—		4,533		237
Copper swaps	977		9		—		—
Total	9,917		101		5,258		239
Other liabilities and accrued items
Foreign currency forward contracts - yen	2,065		35		1,264		17
Foreign currency forward contracts - euro	7,459		34		19,158		166
Precious metal swaps	6,828		573		2,864		135
Copper swaps	4,359		182		11,170		569
Total	20,711		824		34,456		887
Other long-term liabilities
Precious metal swaps	697		23		—		—
Total	$	31,325	$	746	$	39,714	$	648

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following table summarizes the amounts reclassified from accumulated other comprehensive income relating to the hedging relationship of the Company’s outstanding derivatives designated as cash flow hedges and income statement classification as of the second quarter and first six months of of 2019: 

		Second Quarter Ended			Six Months ended
(Thousands)		June 28, 2019			June 28, 2019
Hedging relationship	Line item
Foreign currency forward contracts	Net sales	(46		)	(44		)
Precious metal swaps	Cost of sales	(1		)	(62		)
Copper swaps	Cost of sales	163			92
Total		$	116		$	(14	)