Other Comprehensive Income (Tables)

9 Months Ended

Sep. 28, 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	31,352		(5,671)		9,135		34,816
Amounts reclassified from accumulated other comprehensive income	—		1,535		(21,309)		(19,774)
Net current-period other comprehensive income	$	31,352	$	(4,136)	$	(12,174)	$	15,042
Balance as of September 28, 2024	$	(114,138)	$	(113,849)	$	19,831	$	(208,156)
Balance as of December 31, 2022	$	(205,345)	$	(121,701)	$	48,574	$	(278,472)
Other comprehensive income before reclassification	(4,751)		(2,131)		21,872		14,990
Amounts reclassified from accumulated other comprehensive income	—		1,587		(23,963)		(22,376)
Net current-period other comprehensive income	$	(4,751)	$	(544)	$	(2,091)	$	(7,386)
Balance as of September 30, 2023	$	(210,096)	$	(122,245)	$	46,483	$	(285,858)

Schedule of Comprehensive Income (Loss)

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

	Three Months Ended				Nine Months Ended
	Sep 28, 2024		Sep 30, 2023		Sep 28, 2024		Sep 30, 2023
Net earnings	$	114,166	$	108,650	$	316,129	$	324,589
Currency translation adjustment	67,366		(36,602)		31,352		(4,751)
Pension liability adjustment, net of tax	(5,711)		4,436		(4,136)		(544)
Unrealized (loss) gain on interest rate swaps, net of tax	(13,173)		20		(12,174)		(2,091)
Comprehensive income	$	162,648	$	76,504	$	331,171	$	317,203