Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.21.2
FAIR VALUE MEASUREMENTS (Tables)
 9 Months Ended
Oct. 02, 2021
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
September 2021
Financial assets:
Cash equivalents:
Money market funds $ 156,238  $ 156,238  $ —  $ — 
Time deposits 2,850  2,850  —  — 
Foreign currency exchange contracts 7,130  —  7,130  — 
Investment securities 57,285  57,285  —  — 
Financial liabilities:
Foreign currency exchange contracts 2,545  —  2,545  — 
Interest rate swap agreements 10,582  —  10,582  — 
Deferred compensation 58,563  —  58,563  — 
  Fair Value Measurement Using
(In thousands) Total Fair Value Level 1 Level 2 Level 3
December 2020
Financial assets:
Cash equivalents:
Money market funds $ 165,751  $ 165,751  $ —  $ — 
Time deposits 4,978  4,978  —  — 
Foreign currency exchange contracts 7,531  —  7,531  — 
Investment securities 57,166  57,166  —  — 
Financial liabilities:
Foreign currency exchange contracts 8,794  —  8,794  — 
Interest rate swap agreements 16,309  —  16,309  — 
Deferred compensation 58,035  —  58,035  —