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. 01, 2022
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES AND OTHER LIABILITIES ACCRUED LIABILITIES AND OTHER LIABILITIES
The following table presents components of "accrued liabilities" recorded in the Company's balance sheets:
(In thousands) December 2021 December 2020
Customer discounts, allowances and incentives $ 58,881  $ 58,873 
Compensation 62,135  38,948 
Other taxes 20,016  23,797 
Advertising 11,976  11,266 
Derivative liabilities (Note 14) 1,623  7,166 
Deferred compensation (Note 12) 6,629  6,919 
Restructuring (Note 21) 1,079  6,520 
Professional services 13,529  6,410 
Income taxes payable 17,722  6,328 
Customer deposits 6,141  5,017 
Insurance 2,796  3,368 
Contract liabilities (Note 2) 2,258  787 
Other 12,379  17,553 
Accrued liabilities $ 217,164  $ 192,952 
The following table presents components of "other liabilities" recorded in the Company's balance sheets:
(In thousands) December 2021 December 2020
Deferred compensation (Note 12) $ 52,162  $ 51,116 
Derivative liabilities (Note 14) 6,401  17,937 
Income taxes payable 16,570  16,735 
Pension liabilities (Note 12) 13,685  14,056 
Insurance 1,257  1,082 
Restructuring (Note 21) —  221 
Other 9,117  14,194 
Other liabilities $ 99,192  $ 115,341