XML 94 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 29, 2020
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments:
 
March 29,
2020
 
December 29,
2019
 
 
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
Fair Value
Measurements
Financial assets
 
 
 
 
 
 
 
 
 
Cash equivalents
$
120,273

 
$
120,273

 
$
114,992

 
$
114,992

 
Level 1
Other investments in equity securities (a)
639

 
1,032

 
639

 
1,649

 
Level 3
 
 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
 
Series 2019-1 Class A-2-I Notes (b)
395,000

 
360,315

 
398,000

 
405,152

 
Level 2
Series 2019-1 Class A-2-II Notes (b)
444,375

 
395,058

 
447,750

 
459,136

 
Level 2
Series 2018-1 Class A-2-I Notes (b)
439,875

 
408,274

 
441,000

 
444,859

 
Level 2
Series 2018-1 Class A-2-II Notes (b)
464,313

 
417,083

 
465,500

 
475,718

 
Level 2
Series 2015-1 Class A-2-III Notes (b)
477,500

 
459,202

 
478,750

 
490,531

 
Level 2
Series 2019-1 Class A-1 Notes (b)
120,000

 
115,500

 
—

 
—

 
Level 2
U.S. advertising fund revolving line of credit
25,000

 
25,000

 
—

 
—

 
Level 2
Canadian revolving credit facility
3,918

 
3,918

 
—

 
—

 
Level 2
7% debentures, due in 2025 (b)
83,126

 
89,550

 
82,837

 
94,838

 
Level 2
_______________

(a)
The fair values of our investments are not significant and are based on our review of information provided by the investment managers or investees which was based on (1) valuations performed by the investment managers or investees, (2) quoted market or broker/dealer prices for similar investments and (3) quoted market or broker/dealer prices adjusted by the investment managers for legal or contractual restrictions, risk of nonperformance or lack of marketability, depending upon the underlying investments.

(b)
The fair values were based on quoted market prices in markets that are not considered active markets.
Fair value of assets and liabilities (other than cash and cash equivalents) measured at fair value on a nonrecurring basis
 
 
 
Fair Value Measurements
 
March 29,
2020
 
Level 1
 
Level 2
 
Level 3
Held and used
$
358

 
$
—

 
$
—

 
$
358

Held for sale
927

 
—

 
—

 
927

Total
$
1,285

 
$
—

 
$
—

 
$
1,285



 
 
 
Fair Value Measurements
 
December 29,
2019
 
Level 1
 
Level 2
 
Level 3
Held and used
$
3,582

 
$
—

 
$
—

 
$
3,582

Held for sale
988

 
—

 
—

 
988

Total
$
4,570

 
$
—

 
$
—

 
$
4,570