Financial Instruments (Tables)

9 Months Ended

Sep. 28, 2020

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Fair Values of Derivative Instruments in Consolidated Condensed Balance Sheets

The fair values of derivative instruments in the consolidated condensed balance sheets are as follows:

		Asset/(Liability) Fair Value
	Balance Sheet Location	September 28, 2020			December 30, 2019
		(In thousands)
Cash flow derivative instruments designated as hedges:
Interest rate swap	Other long-term liabilities	$	(17,461	)	$	(12,067	)
Cash flow derivative instruments not designated as hedges:
Foreign exchange contracts	Prepaid expenses and other current assets		19			1
Foreign exchange contracts	Other current liabilities		—			(3	)

Summary of Accumulated Other Comprehensive Loss Related to Derivatives Designated as Cash Flow Hedges

The following table provides information about the amounts recorded in accumulated other comprehensive loss related to derivatives designated as cash flow hedges, as well as the amounts recorded in each caption in the consolidated condensed statements of operations when derivative amounts are reclassified out of accumulated other comprehensive loss for the quarter and three quarters ended September 28, 2020 and September 30, 2019:

		Quarter Ended September 28, 2020						Quarter Ended September 30, 2019
	Financial Statement Caption	Loss Recognized in Other Comprehensive Loss			Loss Reclassified into Income			Loss Recognized in Other Comprehensive Loss			Loss Reclassified into Income
		(In thousands)
Cash flow hedge:
Interest rate swap	Interest expense	$	(586	)	$	(2,707	)	$	(1,923	)	$	(602	)

		Three Quarters Ended September 28, 2020						Three Quarters Ended September 30, 2019
	Financial Statement Caption	Loss Recognized in Other Comprehensive Loss			Loss Reclassified into Income			Loss Recognized in Other Comprehensive Loss			Loss Reclassified into Income
		(In thousands)
Cash flow hedge:
Interest rate swap	Interest expense	$	(11,618	)	$	(6,224	)	$	(10,586	)	$	(1,308	)

Summary of Activity of Designated Cash Flow Hedges in Accumulated Other Comprehensive Loss

The following table provides a summary of the activity associated with the designated cash flow hedges reflected in accumulated other comprehensive loss for the three quarters ended September 30, 2020 and September 30, 2019:

	Three Quarters Ended
	September 28,			September 30,
	2020			2019
	(In thousands)
Beginning balance, net of tax	$	(9,617	)	$	(4,214	)
Changes in fair value loss, net of tax		(8,667	)		(8,164	)
Reclassification to earnings, net of tax		4,727			1,128
Derecognition of unrealized losses on cash flow hedge      due to sale of Mobility business unit		384			—
Ending balance, net of tax	$	(13,173	)	$	(11,250	)