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Hedging Transactions and Derivative Financial Instruments (Tables)
12 Months Ended
Jan. 02, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Reconciliation of Company's Derivatives by Contract Type

A reconciliation of the Company’s derivatives by contract type is shown below:

 

(in millions of U.S. dollars)

Derivative Contract

  

Assets

    

Liabilities

 

Foreign currency hedge

   $ 0.6       $ —     

Aluminum swaps

     —           8.0   
  

 

 

    

 

 

 
   $ 0.6       $ 8.0   
  

 

 

    

 

 

 
Summary of Fair Value of Aluminum Swap Assets and Liabilities

The fair value of the aluminum swap assets and liabilities which are shown on a net basis are reconciled in the table below:

 

     Assets      Liabilities  

Aluminum swap assets

   $ —         $ —     

Aluminum swap liabilities

     —           8.0   
  

 

 

    

 

 

 

Net asset (liability)

   $ —         $ 8.0