Annual report pursuant to Section 13 and 15(d)

ACCRUED LIABILITIES AND OTHER LIABILITIES

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ACCRUED LIABILITIES AND OTHER LIABILITIES
 12 Months Ended
Jan. 02, 2021
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES AND OTHER LIABILITIES ACCRUED LIABILITIES AND OTHER LIABILITIES
The following table presents components of "accrued liabilities" as reflected in the Company's balance sheets:
(In thousands) December 2020 December 2019
Customer discounts, allowances and incentives $ 58,873  $ 60,060 
Compensation 38,948  36,315 
Other taxes 23,797  22,995 
Advertising 11,266  10,285 
Derivative liabilities (Note 14) 7,166  2,058 
Deferred compensation (Note 12) 6,919  6,528 
Restructuring (Note 21) 6,520  2,172 
Professional services 6,410  14,005 
Income taxes payable 6,328  7,513 
Customer deposits 5,017  9,273 
Insurance 3,368  2,789 
Contract liabilities (Note 2) 787  1,775 
Other 17,553  18,976 
Accrued liabilities $ 192,952  $ 194,744 
The following table presents components of "other liabilities" as reflected in the Company's balance sheets:
(In thousands) December 2020 December 2019
Deferred compensation (Note 12) $ 51,116  $ 53,601 
Derivative liabilities (Note 14) 17,937  3,826 
Income taxes payable 16,735  17,678 
Pension liabilities (Note 12) 14,056  13,224 
Insurance 1,082  875 
Restructuring (Note 21) 221  — 
Other 14,194  9,671 
Other liabilities $ 115,341  $ 98,875