XML 43 R34.htm IDEA: XBRL DOCUMENT v3.22.1
Fair Value of Assets and Liabilities (Tables)
 3 Months Ended
Apr. 02, 2022
Fair Value Disclosures [Abstract]  
Schedule of fair value, assets measured on recurring basis
The following table presents assets measured at fair value by classification within the fair value hierarchy as of April 2, 2022:
 
 Fair Value Measurements Using 
(in thousands)Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
Cash equivalents$12,476 $— $— $12,476 
Investments in equity securities20,864 — — 20,864 
Mutual funds15,546 — — 15,546 
   Total $48,886 $— $— $48,886 

The following table presents assets measured at fair value by classification within the fair value hierarchy as of January 1, 2022: 
 Fair Value Measurements Using 
(in thousands)Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
Cash equivalents$12,475 $— $— $12,475 
Investments in equity securities26,070 — — 26,070 
Mutual funds15,021 — — 15,021 
   Total$53,566 $— $— $53,566 
Schedule of fair value, by balance sheet grouping
The carrying value and estimated fair values of the Company’s Euro Senior Notes, Series A and Series B and USD Senior Notes, Series A and Series B, as of April 2, 2022 and January 1, 2022 were as follows:
 
 April 2, 2022January 1, 2022
(in thousands)Carrying
Value		Estimated
Fair Value		Carrying
Value		Estimated
Fair Value
Euro Senior Notes, Series A due 2023$129,478 $129,149 $132,444 $134,119 
Euro Senior Notes, Series B due 2028105,132 101,072 107,540 110,837 
USD Senior Notes, Series A due 2022— — 25,000 25,055 
USD Senior Notes, Series B due 2027100,000 98,501 100,000 104,828 
USD Senior Notes, Series A due 202550,000 49,284 50,000 51,720 
USD Senior Notes, Series B due 2030125,000 122,010 125,000 131,837