Derivative Instruments (Tables)

6 Months Ended

Jun. 27, 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						Six Months Ended
	Classification	June 27, 2020			June 29, 2019			June 27, 2020			June 29, 2019
Loss recognized in income	Other (expense) income, net	$	(701	)	$	(1,085	)	$	(1,247	)	$	(652	)

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						Six Months Ended
	June 27, 2020			June 29, 2019			June 27, 2020		June 29, 2019
Foreign currency forward contracts	$	(3,512	)	$	(2,054	)	$	4,053	$	4,350

(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				Six Months Ended
	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
	Revenue				Revenue
Consolidated statements of operations in which the effects of cash flow hedging instruments are recorded	$	279,883	$	260,172	$	472,418	$	497,833
Gain (loss) on cash flow hedging relationships:
Foreign currency forward contracts:
Amount of gain reclassified from AOCI into earnings	$	1,761	$	359	$	3,718	$	214