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Derivatives (Tables)
12 Months Ended
Dec. 29, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
(in thousands):
Functional Currency
 
Contract Currency
Type
Amount
 
Type
Amount
Brazilian real
46,905

 
Euro
10,233

Brazilian real
408,100

 
U.S. Dollar
101,235

Euro
55,044

 
U.S. Dollar
63,381

Euro
36,950

 
Polish zloty
158,780

Euro
7,806

 
Japanese yen
1,007,000

Euro
39,280

 
Chinese renminbi
310,585

Euro
13,965

 
Australian dollar
21,850

Euro
3,844

 
British pound
3,452

Polish zloty
19,278

 
Euro
4,486

British pound
73

 
Euro
81

Japanese yen
229,343

 
U.S. dollar
2,064

U.S. dollar
648

 
Japanese yen
73,000

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The table below summarizes the effect of derivatives not designated as hedges on the Company's consolidated statements of operations for the year ended December 29, 2018, December 30, 2017 and December 31, 2016 (in thousands):
 
 
 
 
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges
 
 
 
 
For The Year Ended
Derivatives not designated as hedging instruments
 
Location
 
December 29, 2018
December 30, 2017
December 31, 2016
Foreign exchange
 
Foreign currency loss/(gain)
 
$
(2,160
)
$
13,460

$
(1,542
)
Foreign exchange
 
Net sales
 
2,806



Foreign exchange
 
Cost of sales and operating expenses
 
(1,005
)


Foreign exchange
 
Selling, general and administrative expense
 
3,040

(2,763
)
(8,543
)
Corn options and futures
 
Net sales
 
683

212

472

Corn options and futures
 
Cost of sales and operating expenses
 
(543
)
(1,659
)
(1,411
)
Natural gas and heating oil swaps and options
 
Cost of sales and operating expenses
 
1,031



Heating oil swaps and options
 
Net sales
 

492

455

Soybean meal
 
Net sales
 

(405
)
7

Soybean oil
 
Net sales
 

45


Total
 
 
 
$
3,852

$
9,382

$
(10,562
)