XML 45 R33.htm IDEA: XBRL DOCUMENT v3.25.3
Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 28, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Cash Flow Hedging Instruments
The notional amounts and fair values of the Company's foreign currency forward contracts designated as cash flow hedging instruments were as follows:
September 28, 2025September 29, 2024December 29, 2024
Hedged transactionNotional
Amount
Fair
Value
Notional
Amount
Fair
Value
Notional
Amount
Fair
Value
Inventory purchases$208.7 $(9.9)$164.7 $1.3 $131.5 $8.0 
Sales106.7 2.4 104.6 (3.2)86.0 (1.4)
Other51.8 (0.7)26.4 1.5 22.8 0.9 
Total$367.2 $(8.2)$295.7 $(0.4)$240.3 $7.5 
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location The fair values of the Company's foreign currency forward contracts designated as cash flow hedges are recorded in the Consolidated Balance Sheets as follows:
September 28,
2025
September 29,
2024
December 29,
2024
Prepaid expenses and other current assets
Unrealized gains$0.5 $3.1 $9.1 
Unrealized losses(0.2)(0.2)(1.1)
Net unrealized gains$0.3 $2.9 $8.0 
Other assets
Unrealized gains$0.3 $0.5 $— 
Unrealized losses(0.2)— — 
Net unrealized gains$0.1 $0.5 $— 
Accrued liabilities
Unrealized gains$2.6 $1.0 $0.5 
Unrealized losses(8.7)(4.0)(1.0)
Net unrealized losses$(6.1)$(3.0)$(0.5)
Other liabilities
Unrealized gains$0.5 $0.1 $— 
Unrealized losses(3.0)(1.0)— 
Net unrealized losses$(2.5)$(0.9)$— 
Schedule of Derivative Instruments, Gain (Loss) in Statement of Operations
Net gains (losses) on cash flow hedging activities have been reclassified from other comprehensive earnings (loss) to net earnings (loss) as follows:
Three Months EndedNine Months Ended
September 28,
2025
September 29,
2024
September 28,
2025
September 29,
2024
Statements of Operations Classification
Cost of sales$(0.6)$(0.6)$1.2 $(0.7)
Net revenues0.4 0.8 0.3 1.4 
Other(0.3)(0.3)(0.3)— 
Net realized (losses) gains$(0.5)$(0.1)$1.2 $0.7 
Schedule of Fair Values of Undesignated Derivative Financial Instruments
The fair values of the Company's undesignated derivative financial instruments were recorded in the Consolidated Balance Sheets as follows:
September 28,
2025
September 29,
2024
December 29,
2024
Prepaid expenses and other current assets
Unrealized gains$1.2 $— $1.9 
Unrealized losses(0.6)— (0.2)
Net unrealized gains$0.6 $— $1.7 
Accrued liabilities
Unrealized gains$— $0.2 $— 
Unrealized losses— (2.2)(1.2)
Net unrealized losses$— $(2.0)$(1.2)