Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 28, 2020

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Derivative Instruments

The following table summarizes the fair value of the Company’s derivative instruments designated as hedging instruments:

	As of June 28, 2020			As of December 29, 2019
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Interest rate swaps	Accrued liabilities		3,178	Accrued liabilities		1,736
Interest rate swaps	Other long-term liabilities		11,061	Other long-term liabilities		4,569

Summary of Losses (Gains) 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 losses (gains) classified on the consolidated statements of income:

	Thirteen weeks ended					Twenty-six weeks ended
	June 28, 2020		June 30, 2019			June 28, 2020		June 30, 2019
Consolidated Statements of    Income Classification
Interest expense (income), net	$	1,117	$	(192	)	$	1,510	$	(405	)