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Fair Value Measurements (Tables)
12 Months Ended
Jan. 02, 2022
Fair Value Disclosures [Abstract]  
Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis The following tables show the assets and liabilities carried at fair value measured on a recurring basis as of January 2, 2022 and January 3, 2021 classified in one of the three classifications described above: 
 Fair Value Measurements at January 2, 2022 Using:
 Total Carrying
Value at January 2, 2022
Quoted Prices in
Active Markets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
 (In thousands)
Marketable securities$53,073 $53,073 $— $— 
Foreign exchange derivative assets3,765 — 3,765 — 
Foreign exchange derivative liabilities(3,463)— (3,463)— 
Contingent consideration(57,996)— — (57,996)
 Fair Value Measurements at January 3, 2021 Using:
 Total Carrying
Value at January 3, 2021
Quoted Prices in
Active Markets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
 (In thousands)
Marketable securities$2,154 $2,154 $— $— 
Foreign exchange derivative assets31,248 — 31,248 — 
Foreign exchange derivative liabilities(21,413)— (21,413)— 
Contingent consideration(2,953)— — (2,953)
Reconciliation of Beginning and Ending Level 3 Net Liabilities
A reconciliation of the beginning and ending Level 3 net liabilities for contingent consideration is as follows:
 
 (In thousands)
Balance at December 30, 2018$(69,661)
Additions(12,734)
Amounts paid and foreign currency translation50,795 
Change in fair value (included within selling, general and administrative expenses)(3,881)
Balance at December 29, 2019(35,481)
Amounts paid and foreign currency translation23,701 
Change in fair value (included within selling, general and administrative expenses)8,827 
Balance at January 3, 2021(2,953)
Additions(57,431)
Amounts paid and foreign currency translation5,507 
Change in fair value (included within selling, general and administrative expenses)(3,119)
Balance at January 2, 2022$(57,996)