Fair Value Measurements (Tables)

6 Months Ended

Jun. 26, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following table reflects the fair values of assets and liabilities measured and recognized at fair value on a recurring basis on the Company's Consolidated Condensed Balance Sheets as of June 26, 2021 and December 26, 2020:

	June 26, 2021		December 26, 2020		Fair Value Hierarchy Level
Liabilities:
Interest rate swaps (1)	$	328	$	440	Level 2

(1)     The Company uses certain external sources in deriving the fair value of the interest rate swaps. The interest rate swaps were valued using observable inputs (e.g., LIBOR yield curves, credit spreads). Valuations of interest rate swaps may fluctuate considerably from period-to-period due to volatility in underlying interest rates, which are driven by market conditions and the duration of the instrument. Credit adjustments could have a significant impact on the valuations due to changes in credit ratings of the Company or its counterparties.

Fair Value, by Balance Sheet Grouping [Table Text Block]

The carrying amounts and estimated fair values of the Company's financial instruments are summarized as follows:

	June 26, 2021				December 26, 2020
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial assets:
Cash and cash equivalents	$	2,398	$	2,398	$	1,920	$	1,920
Financial liabilities:
Long-term debt, including current portion	62,475		60,662		61,219		58,803
Finance leases, including current portion	15,458		17,802		16,938		18,451
Interest rate swaps	328		328		440		440