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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 27, 2016
Derivative [Line Items]  
Fair value of derivative instruments in Condensed Consolidated Balance Sheet
Fair Value of Derivative Instruments and the Classification in Condensed Consolidated Balance Sheet:
(In thousands)
 
Condensed Consolidated
Balance Sheet Location
 
Fair Value as of
 
Fair Value as of
 
Fair Value as of
March 27, 2016
 
December 31, 2015
 
March 29, 2015
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
Interest rate swaps
 
Derivative Liability
 
$

 
$
(22,918
)
 
$
(19,252
)
Total derivatives designated as hedging instruments
 
 
 
$

 
$
(22,918
)
 
$
(19,252
)
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
 
Interest rate swaps
 
Current Derivative Liability
 
$

 
$

 
$
(9,989
)
Interest rate swaps
 
Derivative Liability
 
$
(27,855
)
 
$

 
$

Total derivatives not designated as hedging instruments
 
 
 
$
(27,855
)
 
$

 
$
(9,989
)
Net derivative liability
 
 
 
$
(27,855
)
 
$
(22,918
)
 
$
(29,241
)
Effects of derivative instruments on income (loss) and other comprehensive income (loss)
Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the three-month periods ended March 27, 2016 and March 29, 2015:

($'s in thousands):
 
Amount of (Loss)
recognized in OCI on
Derivatives
(Effective Portion)
 
Amount and Location of (Loss)
Reclassified from Accumulated OCI into Income
(Effective Portion)
 
Amount and Location of Gain (Loss) Recognized
in Income on Derivatives
Designated Derivatives
 
Three months ended 3/27/2016
 
Three months ended 3/29/2015
 
Designated Derivatives
 
Three months ended 3/27/2016
 
Three months ended 3/29/2015
 
Derivatives
Not Designated
 
Three months ended 3/27/2016
 
Three months ended 3/29/2015
Interest rate swaps
 
$
(4,671
)
 
$
(4,602
)
 
Interest Expense
 
$
(851
)
 
$

 
Net effect of swaps
 
$
(265
)
 
$
1,802