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Derivatives (Tables)
 9 Months Ended
Oct. 01, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments (in thousands):
Functional CurrencyContract Currency
TypeAmountTypeAmount
Brazilian real8,959 Euro1,700 
Brazilian real2,232,773 U.S. dollar459,054 
Euro36,517 U.S. dollar36,777 
Euro27,815 Polish zloty133,000 
Euro11,251 Japanese yen1,568,150 
Euro22,276 Chinese renminbi156,238 
Euro17,073 Australian dollar25,050 
Euro2,775 British pound2,500 
Euro38 Canadian dollar50 
Euro1,000,000 Brazilian real5,000,000 
Polish zloty507 U.S. dollar103 
Polish zloty29,878 Euro6,250 
British pound335 Euro371 
British pound350 U.S. dollar376 
Japanese yen41,996 U.S. dollar366 
U.S. dollar488 Japanese yen70,000 
Australian dollar208 Euro131 
Australian dollar214 U.S. dollar140 
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 three and nine months ended October 1, 2022 and October 2, 2021 (in thousands):

Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges
Three Months EndedNine Months Ended
Derivatives not designated as hedging instrumentsLocationOctober 1, 2022October 2, 2021October 1, 2022October 2, 2021
Foreign exchangeForeign currency loss$(3,092)$5,656 $39,400 $13,626 
Foreign exchange
Net sales
5,348 323 6,238 895 
Foreign exchange
Cost of sales and operating expenses
(597)(98)(1,355)(524)
Foreign exchangeSelling, general and administrative expenses106 2,732 (2,481)2,001 
Corn options and futuresNet sales(875)753 (2,160)(2,724)
Corn options and futures
Cost of sales and operating expenses
2,526 (1,871)5,695 3,683 
Total$3,416 $7,495 $45,337 $16,957