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Fair Value Measurements (Tables)
 6 Months Ended
Jun. 24, 2017
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
The following table presents the carrying amount, estimated fair values and categorization under the fair value hierarchy for financial instruments held by the Company at June 24, 2017 and December 31, 2016, using market information and what management believes to be appropriate valuation methodologies:
 
June 24, 2017
 
December 31, 2016
 
Carrying
Amount
 
Fair Value
 
Carrying
Amount
 
Fair Value
Asset (liability) (a)
 
 
Level 1
 
Level 2
 
 
 
Level 1
 
Level 2
Cash and cash equivalents
$
368,698

 
$
368,698

 
$
—

 
$
326,655

 
$
326,655

 
$
—

Current derivative assets
2,062

 
—

 
2,062

 
—

 
—

 
—

Current maturities of long-term debt
(12,823
)
 
—

 
(13,250
)
 
(9,327
)
 
—

 
(9,775
)
Fixed-rate long-term debt
(499,908
)
 
—

 
(493,752
)
 
(499,444
)
 
—

 
(474,761
)
Variable-rate long-term debt
(265,468
)
 
—

 
(266,400
)
 
(270,836
)
 
—

 
(271,975
)

(a) Table excludes the Company’s capital lease obligation.