Items Reclassified from Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Oct. 01, 2023

Equity [Abstract]

Schedule of Items Reclassified out of Accumulated Other Comprehensive Loss

Amounts reclassified out of accumulated other comprehensive loss (“AOCI”), before tax, to the consolidated condensed statements of operations during the three and nine months ended October 1, 2023 and October 2, 2022, are reflected in the tables below:

		Three Months Ended
	Statement of Operations Location	October 1, 2023		October 2, 2022
		(in thousands)
Loss on foreign subsidiary liquidation(1)	Other expense, net	$	(6,221)	$	—
Interest rate swap contracts loss	Interest expense	(196)		(645)
Amortization of benefit plan net actuarial losses and prior service cost	Other expense, net	(198)		(450)
Total loss reclassified from AOCI		$	(6,615)	$	(1,095)

		Nine Months Ended
	Statement of Operations Location	October 1, 2023		October 2, 2022
		(in thousands)
Loss on foreign subsidiary liquidation(1)	Other expense, net	$	(6,221)	$	—
Interest rate swap contracts loss	Interest expense	(982)		(2,416)
Amortization of benefit plan net actuarial losses and prior service cost	Other expense, net	(585)		(1,420)
Total loss reclassified from AOCI		$	(7,788)	$	(3,836)

(1) The Company’s foreign subsidiaries in Russia and Brazil were substantially liquidated during the three months ended October 1, 2023, and the cumulative foreign currency translation losses associated with these entities were recognized in the consolidated condensed statements of operations. The tax impact of the cumulative foreign currency translation reclassification is approximately $1.1 million.