Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.23.1
FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Apr. 01, 2023
Fair Value Disclosures [Abstract]  
Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis
The following tables present financial assets and financial liabilities that are measured and recorded in the Company's financial statements at fair value on a recurring basis:
  Fair Value Measurement Using
(In thousands) Total Fair Value Level 1 Level 2 Level 3
March 2023
Financial assets:
Cash equivalents:
Money market funds $ 25,798  $ 25,798  $ —  $ — 
Time deposits 2,079  2,079  —  — 
Foreign currency exchange contracts 20,377  —  20,377  — 
Interest rate swap agreements 8,946  —  8,946  — 
Investment securities 46,641  46,641  —  — 
Financial liabilities:
Foreign currency exchange contracts 3,230  —  3,230  — 
Deferred compensation 48,539  —  48,539  — 
  Fair Value Measurement Using
(In thousands) Total Fair Value Level 1 Level 2 Level 3
December 2022
Financial assets:
Cash equivalents:
Money market funds $ 20,097  $ 20,097  $ —  $ — 
Time deposits 2,194  2,194  —  — 
Foreign currency exchange contracts 15,565  —  15,565  — 
Interest rate swap agreements 11,357  —  11,357  — 
Investment securities 43,131  43,131  —  — 
Financial liabilities:
Foreign currency exchange contracts 2,307  —  2,307  — 
Deferred compensation 44,589  —  44,589  —