Derivative Instruments (Tables)

3 Months Ended

Mar. 28, 2020

Derivative Instruments, Gain (Loss) [Line Items]

Derivative Instruments, Gain (Loss) [Table Text Block]

Gains (losses) associated with derivative instruments not designated as hedging instruments are as follows (in thousands):

		Three Months Ended
	Classification	March 28, 2020			March 30, 2019
(Loss) gain recognized in income	Other (expense) income, net	$	(545	)	$	433

The following tables reflect the effect of derivatives designated as cash flow hedging (in thousands): 

	Gain (loss) recognized in OCI on Derivative (1)
	Three Months Ended
	March 28, 2020		March 30, 2019
Foreign currency forward contracts	$	7,566	$	6,404

(1) The amount represents the change in fair value of derivative contracts due to changes in spot rates.

	Gain (loss) recognized in earnings on cash flow hedging instruments
	Three Months Ended
	March 28, 2020		March 30, 2019
	Revenue		Revenue
Consolidated statements of operations in which the effects of cash flow hedging instruments are recorded	$	192,535	$	237,661
Gain (loss) on cash flow hedging relationships:
Foreign currency forward contracts:
Amount of gain (loss) reclassified from AOCI into earnings	$	1,957	$	(144	)