Derivatives (Tables)

12 Months Ended

Dec. 28, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

(in thousands):

Functional Currency		Contract Currency
Type	Amount	Type	Amount
Brazilian real	45,908	Euro	9,983
Brazilian real	1,106,077	U.S. Dollar	308,320
Euro	71,203	U.S. Dollar	79,664
Euro	26,943	Polish zloty	115,500
Euro	5,159	Japanese yen	624,510
Euro	21,074	Chinese renminbi	166,146
Euro	13,441	Australian dollar	21,850
Euro	6,905	British pound	5,930
Polish zloty	26,647	Euro	6,233
British pound	94	Euro	113
Japanese yen	204,824	U.S. dollar	1,909
U.S. dollar	705	Japanese yen	77,000
U.S. dollar	49,833	Euro	45,000
Australian dollar	432	Euro	267

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 28, 2019, December 29, 2018 and December 30, 2017 (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 28, 2019			December 29, 2018			December 30, 2017
Foreign exchange	Foreign currency loss/(gain)	$	1,565		$	(2,160	)	$	13,460
Foreign exchange	Net sales	903			2,806			—
Foreign exchange	Cost of sales and operating expenses	(452		)	(1,005		)	—
Foreign exchange	Selling, general and administrative expense	1,649			3,040			(2,763		)
Corn options and futures	Net sales	670			683			212
Corn options and futures	Cost of sales and operating expenses	(1,636		)	(543		)	(1,659		)
Natural gas and heating oil swaps and options	Cost of sales and operating expenses	(506		)	1,031			—
Heating oil swaps and options	Net sales	—			—			492
Soybean meal	Net sales	—			—			(405		)
Soybean oil	Net sales	—			—			45
Total		$	2,193		$	3,852		$	9,382