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Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Cross Currency Swap Contracts, Forward Contracts, and Interest Rate Swaps
The fair values of cross currency swap contracts, forward contracts and interest rate swap contracts were as follows:
(in thousands)Balance Sheet LocationMarch 30, 2024December 30, 2023
Derivatives not designated as hedging instruments:
Forward contractsDerivative asset – current$8 $— 
Cross currency swapsDerivative asset – current26,102 — 
Cross currency swapsDerivative asset – non-current— 20,831 
Total derivatives in an asset position$26,110 $20,831 
Forward contractsAccounts payable and accrued liabilities$108 $384 
Cross currency swapsAccounts payable and accrued liabilities78 466 
Total derivatives in a liability position$186 $850 
Derivatives designated as hedging instruments:
Interest rate swapsDerivative asset – current$10,023 $7,691 
Interest rate swapsDerivative asset – non-current— 2,688 
Total derivatives in an asset position$10,023 $10,379 
Total deferred gainAccumulated other comprehensive income$12,220 $13,045 
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location
The impact of derivative financial instruments on the unaudited interim condensed consolidated statements of operations and comprehensive loss was as follows:
Thirteen Weeks Ended
(in thousands)March 30, 2024April 1, 2023
Gain (loss) on forward contracts recognized in (loss) gain on foreign currency, net$271 $(65)
Gain on cross currency swaps recognized in (loss) gain on foreign currency, net$5,614 $689 
Gain on interest rate swaps recognized in interest expense, net$3,024 $2,394 
Schedule of Accumulated Other Comprehensive Income (Loss)
The table below presents the effect of cash flow hedge accounting on other comprehensive loss, net of tax:
Thirteen Weeks Ended
(in thousands)March 30, 2024April 1, 2023
Gain (loss) recognized in other comprehensive loss$2,199 $(1,253)
Gain reclassified from accumulated other comprehensive income into net loss$3,024 $2,394