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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Summary of Income Tax Examinations
The effective rate for the nine months period ended September 30, 2017 was 30.8% as compared to 33.0% for the nine months period ended October 1, 2016. The tax rate in the nine months period ended September 30, 2017 was favorably impacted by a
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 September 30, 2017
 
 
 
 
 
 
 
Financial Assets:
 
 
 
 
 
 
 
    Interest rate swaps
$

 
$
7,705

 
$

 
$
7,705

 
 
 
 
 
 
 
 
Financial Liabilities:
 
 
 
 
 
 
 
    Contingent consideration


 


 
$
2,864

 
$
2,864

 
 
 
 
 
 
 
 
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