Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2023

Notes To Financial Statements [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table summarizes the company’s fair value of interest rate swaps (in thousands):

	Condensed Consolidated Balance Sheet Presentation	Sep 30, 2023		Dec 31, 2022
Fair value	Prepaid expense and other	$	3,288	$	6,805
Fair value	Other assets	$	58,875	$	58,180

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The impact on earnings from interest rate swaps was as follows (in thousands):

		Three Months Ended				Nine Months Ended
	Presentation of Gain/(loss)	Sep 30, 2023		Oct 1, 2022		Sep 30, 2023		Oct 1, 2022
Gain/(loss) recognized in accumulated other comprehensive income	Other comprehensive income	$	8,706	$	33,105	$	21,141	$	78,347
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	Interest expense	$	8,679	$	171	$	23,963	$	(7,646)