XML 56 R43.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investments (Tables)
12 Months Ended
Dec. 30, 2018
Schedule of Equity Method Investments  
Schedule of Equity Method Investments and Other Investments in Equity Securities
The following is a summary of the carrying value of our investments:
 
Year End
 
December 30,
2018
 
December 31,
2017
Equity method investments
$
47,021

 
$
55,363

Other investments in equity securities
639

 
639

 
$
47,660

 
$
56,002

Schedule of Equity Method Investments
Presented below is activity related to our portion of TimWen and the Brazil JV included in our consolidated balance sheets and consolidated statements of operations as of and for the years ended December 30, 2018, December 31, 2017 and January 1, 2017.
 
Year Ended
 
2018
 
2017
 
2016
Balance at beginning of period
$
55,363

 
$
54,545

 
$
55,541

 
 
 
 
 
 
Investment
13

 
375

 
172

 
 
 
 
 
 
Equity in earnings for the period
10,402

 
9,897

 
10,627

Amortization of purchase price adjustments (a)
(2,326
)
 
(2,324
)
 
(2,276
)
 
8,076

 
7,573

 
8,351

Distributions received
(13,390
)
 
(11,713
)
 
(11,426
)
Foreign currency translation adjustment included in
    “Other comprehensive (loss) income, net” and other
(3,041
)
 
4,583

 
1,907

Balance at end of period
$
47,021

 
$
55,363

 
$
54,545

_______________

(a)
Purchase price adjustments that impacted the carrying value of the Company’s investment in TimWen are being amortized over the average original aggregate life of 21 years.