Derivative (Tables)

3 Months Ended

Mar. 29, 2022

Derivative

Schedule of changes in AOCI, net of tax, related to the interest rate swap

The following table summarizes the changes related to the interest rate swap in accumulated other comprehensive income (“AOCI”), net of tax, during the thirteen weeks ended March 30, 2021 (in thousands):

Beginning balance	$	(3,464)
Other comprehensive loss before reclassifications		1,270
Amounts reclassified from AOCI		468
Other comprehensive loss, net of tax		1,738
Ending balance	$	(1,726)