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Financial instruments (Tables)
 6 Months Ended
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of foreign exchange gains and losses recognized within AOCI and the interest benefit recognized within interest expense The following table summarizes the foreign exchange gains and losses recognized within AOCI and the interest benefit recognized within interest expense related to cross currency swap for the three and six months ended June 30, 2024 and July 2, 2023:
Three Months EndedSix Months Ended
June 30, 2024July 2, 2023June 30, 2024July 2, 2023
Foreign exchange gain (loss)
$5,297 $(4,259)$14,190 $(14,290)
Interest benefit4,280 5,180 8,000 10,288 
Fair Values of Derivative Instruments Designated as Hedging Instruments
The following table presents the locations in the condensed consolidated balance sheet and fair value of derivative financial instruments as of June 30, 2024 and December 31, 2023:
June 30, 2024December 31, 2023
Fair Value
Asset derivatives:
Designated foreign currency forward contracts$1,539 $1,629 
Non-designated foreign currency forward contracts206 937 
Cross-currency interest rate swaps16,409 16,883 
Prepaid expenses and other current assets18,154 19,449 
Cross-currency interest rate swaps1,151 — 
Other assets1,151 — 
Total asset derivatives$19,305 $19,449 
Liability derivatives:  
Designated foreign currency forward contracts$3,024 $1,866 
Non-designated foreign currency forward contracts320 1,340 
Other current liabilities3,344 3,206 
Cross-currency interest rate swaps24,637 32,097 
Other liabilities24,637 32,097 
Total liability derivatives$27,981 $35,303