Summary of Significant Accounting Policies (Tables)

3 Months Ended

Apr. 01, 2017

Accounting Policies [Abstract]

Summary of Income Tax Examinations

The effective rate for the three months period ended April 1, 2017 was 24.3% as compared to 33.4%three months period ended April 2, 2016. The tax rate in the three months period ended April 1, 2017 was favorably impacted by a tax

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The company’s financial liabilities that are measured at fair value and are categorized using the fair value hierarchy are as follows (in thousands):

	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3		Total
As of April 1, 2017
Financial Assets:
Interest rate swaps	$	—	$	9,585	$	—	$	9,585
Financial Liabilities:
Interest rate swaps	$	—	$	16	$	—	$	16
Contingent consideration	$	—	$	—	$	4,797	$	4,797
As of December 31, 2016
Financial Assets:
Interest rate swaps	$	—	$	8,842	$	—	$	8,842
Financial Liabilities:
Interest rate swaps	$	—	$	100	$	—	$	100
Contingent consideration	$	—	$	—	$	6,612	$	6,612