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Interest and Other Expense (Income), Net
 6 Months Ended
Jul. 02, 2017
Other Income and Expenses [Abstract]  
Interest and Other Expense (Income), Net
Interest and Other Expense, Net

Interest and other expense, net, consisted of the following:
 
Three Months Ended
 
Six Months Ended
 
July 2,
2017
 
July 3,
2016
 
July 2,
2017
 
July 3,
2016
 
(In thousands)
Interest income
$
(490
)
 
$
(127
)
 
$
(710
)
 
$
(237
)
Interest expense
10,672

 
9,939

 
21,536

 
19,780

Loss (gain) on disposition of businesses and assets, net
301

 
(5,562
)
 
301

 
(5,562
)
Other (income) expense, net
(5,278
)
 
1,143

 
(4,326
)
 
2,498

Total interest and other expense, net
$
5,205

 
$
5,393

 
$
16,801

 
$
16,479


Foreign currency transaction gains were $1.2 million and $2.7 million for the three and six months ended July 2, 2017, respectively. Foreign currency transaction (gains) losses were $(0.6) million and $3.5 million for the three and six months ended July 3, 2016, respectively. Net gains from forward currency hedge contracts were $4.1 million and $1.7 million for the three and six months ended July 2, 2017, respectively. Net losses (gains) from forward currency hedge contracts were $1.8 million and $(1.0) million for the three and six months ended July 3, 2016, respectively. These amounts were included in other expense, net.