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Debt (Tables)
9 Months Ended
Sep. 27, 2015
Debt  
Summary of Long-Term Debt

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

September 27,

 

December 31,

 

($ in thousands)

    

2015

    

2014

 

Revolving credit facility due in 2020

 

$

90,500

 

$

75,000

 

Weighted average interest rate

 

 

1.5

%  

 

1.5

%

Amount available

 

$

107,185

 

$

122,535

 

Total credit facility

 

$

200,000

 

$

200,000

 

Standby letters of credit

 

$

2,315

 

$

2,465

 

Commitment fee percentage per annum

 

 

0.30

 

 

0.25

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

($ in thousands)

    

September 27, 2015

    

September 28, 2014

    

September 27, 2015

    

September 28, 2014

 

Unrealized (loss) gain

 

$

(219)

 

$

124

 

$

(628)

 

$

(288)

 

Realized gain reclassified to interest expense

 

$

192

 

$

123

 

$

574

 

$

363

 

 

Summary of Interest Rate Swaps Included on Balance Sheets

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

September 27,

 

December 31,

 

($ in thousands)

    

2015

    

2014

 

Accrued liabilities

 

$

892

 

$

640

 

Other long-term obligations

 

$

181

 

$

380