v3.22.2.2
FAIR VALUE MEASUREMENTS (Tables)
 9 Months Ended
Oct. 01, 2022
Fair Value Disclosures [Abstract]  
Schedule of the fair value hierarchy of assets and liabilities measured at fair value on a recurring basis
The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of October 1, 2022 (in thousands):
 Fair Value at October 1, 2022
 Level 1Level 2Level 3Total
Assets:    
Forward contracts$— $14,589 $— $14,589 
Total$— $14,589 $— $14,589 
Liabilities:    
Contingent consideration$— $— $2,063 $2,063 
Forward contracts— 1,290 — 1,290 
Total$— $1,290 $2,063 $3,353 
The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of January 1, 2022 (in thousands):
 Fair Value at January 1, 2022
 Level 1Level 2Level 3Total
Assets:    
Forward contracts$— $3,452 $— $3,452 
Total$— $3,452 $— $3,452 
Liabilities:    
Contingent consideration$— $— $1,840 $1,840 
Forward contracts— 177 — 177 
Total$— $177 $1,840 $2,017