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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Fair Value of Derivative Instruments

 

 

 

As of

March 31, 2019

 

 

As of

December 30, 2018

 

 

 

Balance Sheet Location

 

Fair Value

 

 

Balance Sheet Location

 

Fair Value

 

Interest rate swaps

 

Other current assets

 

$

446

 

 

Other current assets

 

$

944

 

Interest rate swaps

 

Other long-term liabilities

 

 

2,436

 

 

Other assets

 

 

578

 

 

Summary of Gains and Losses of Derivative Instruments

The gain or loss on these derivative instruments is recognized in other comprehensive income, net of tax, with the portion related to current period interest payments reclassified to interest expense on the consolidated statements of income. The following table summarizes these gains and losses classified on the consolidated statements of income:

 

 

 

Thirteen Weeks Ended

 

 

 

 

March 31, 2019

 

 

April 1, 2018

 

 

Consolidated Statements of

   Income Classification

 

 

 

 

 

 

 

 

 

Interest expense (income), net

 

$

(213

)

 

$

132