Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 29, 2019

Fair Value Disclosures [Abstract]

Fair Value Hierarchy

At December 29, 2019 and December 30, 2018, the Company had the following assets and liabilities measured at fair value in its consolidated balance sheets (excluding assets for which the fair value is measured using net asset value per share):

			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)
December 29, 2019
Assets:
Available-for-sale securities	$	1,296	1,296	—	—
Derivatives	48,973		—	48,973	—
Total assets	$	50,269	1,296	48,973	—
Liabilities:
Derivatives	$	5,733	—	5,733	—
Option agreement	22,145		—	—	22,145
Total liabilities	$	27,878	—	5,733	22,145
December 30, 2018
Assets:
Available-for-sale securities	$	914	914	—	—
Derivatives	26,076		—	26,076	—
Total assets	$	26,990	914	26,076	—
Liabilities:
Derivatives	$	1,610	—	1,610	—
Option agreement	23,440		—	—	23,440
Total liabilities	$	25,050	—	1,610	23,440

Reconciliation of Level 3 Fair Value

The following is a reconciliation of the beginning and ending balances of the fair value measurements of the Company’s financial instruments which use significant unobservable inputs (Level 3):

	2019			2018
Balance at beginning of year	$	(23,440	)	(23,980	)
Net gains from change in fair value	1,295			540
Balance at end of year	$	(22,145	)	(23,440	)