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Debt (Tables)
3 Months Ended
Mar. 29, 2015
Debt  
Summary of Long-Term Debt

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

March 29,

 

December 31,

 

($ in thousands)

    

2015

    

2014

 

Revolving credit facility due in 2017

 

$

83,200 

 

$

75,000 

 

Weighted average interest rate

 

 

1.4 

%  

 

1.5 

%

Amount available

 

$

114,335 

 

$

122,535 

 

Total credit facility

 

$

200,000 

 

$

200,000 

 

Standby letters of credit

 

$

2,465 

 

$

2,465 

 

Commitment fee percentage per annum

 

 

0.25 

 

 

0.25 

 

 

Summary of Interest Rate Swaps Activity Recorded in Other Comprehensive Income Before Tax

 

 

 

 

 

 

 

 

 

Three Months Ended

($ in thousands)

 

March 29, 2015

 

March 30, 2014

Unrealized loss

 

$

(327)

 

$

(54)

Realized gain reclassified to interest expense

 

$

190 

 

$

118 

 

Summary of Interest Rate Swaps Included on Balance Sheets

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

March 29,

 

December 31,

 

($ in thousands)

    

2015

    

2014

 

Accrued liabilities

 

$

733 

 

$

640 

 

Other long-term obligations

 

$

424 

 

$

380