FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Apr. 04, 2020

Fair Value Disclosures [Abstract]

Schedule of the fair value hierarchy of assets and liabilities measured at fair value on a recurring basis

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of April 4, 2020 (in thousands):

	Fair Value at April 4, 2020
	Level 1		Level 2		Level 3		Total
Assets:
Forward contracts	$	—	$	12,285	$	—	$	12,285
Deferred compensation plan assets:
Investment in publicly traded mutual funds	4,460		—		—		4,460
Total	$	4,460	$	12,285	$	—	$	16,745
Liabilities:
Contingent consideration	$	—	$	—	$	1,464	$	1,464
Forward contracts	—		273		—		273
Total	$	—	$	273	$	1,464	$	1,737

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 28, 2019 (in thousands):

	Fair Value at December 28, 2019
	Level 1		Level 2		Level 3		Total
Assets:
Forward contracts	$	—	$	3,348	$	—	$	3,348
Deferred compensation plan assets:
Investment in publicly traded mutual funds	5,243		—		—		5,243
Total	$	5,243	$	3,348	$	—	$	8,591
Liabilities:
Contingent consideration	$	—	$	—	$	1,141	$	1,141
Forward contracts	—		1,824		—		1,824
Total	$	—	$	1,824	$	1,141	$	2,965