Other Comprehensive Income (Tables)

6 Months Ended

Jun. 29, 2024

Disclosure Other Comprehensive Income Additional Information [Abstract]

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

Changes in accumulated other comprehensive income(1) were as follows (in thousands):

	Currency Translation Adjustment		Pension Benefit Costs		Unrealized Gain/(Loss) Interest Rate Swap		Total
Balance as of December 30, 2023	$	(145,490)	$	(109,713)	$	32,005	$	(223,198)
Other comprehensive income before reclassification	(36,014)		565		15,424		(20,025)
Amounts reclassified from accumulated other comprehensive income	—		1,010		(14,425)		(13,415)
Net current-period other comprehensive income	$	(36,014)	$	1,575	$	999	$	(33,440)
Balance as of June 29, 2024	$	(181,504)	$	(108,138)	$	33,004	$	(256,638)
Balance as of December 31, 2022	$	(205,345)	$	(121,701)	$	48,574	$	(278,472)
Other comprehensive income before reclassification	31,851		(6,106)		13,173		38,918
Amounts reclassified from accumulated other comprehensive income	—		1,126		(15,284)		(14,158)
Net current-period other comprehensive income	$	31,851	$	(4,980)	$	(2,111)	$	24,760
Balance as of July 1, 2023	$	(173,494)	$	(126,681)	$	46,463	$	(253,712)

Schedule of Comprehensive Income (Loss)

Components of other comprehensive income were as follows (in thousands):

	Three Months Ended				Six Months Ended
	Jun 29, 2024		Jul 1, 2023		Jun 29, 2024		Jul 1, 2023
Net earnings	$	115,395	$	116,850	$	201,963	$	215,939
Currency translation adjustment	(9,528)		4,892		(36,014)		31,851
Pension liability adjustment, net of tax	524		(2,171)		1,575		(4,980)
Unrealized (loss) gain on interest rate swaps, net of tax	(2,391)		6,210		999		(2,111)
Comprehensive income	$	104,000	$	125,781	$	168,523	$	240,699