Fair Value Measurements and Disclosures (Tables)

6 Months Ended

Jun. 24, 2012

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Our financial assets and liabilities that were measured at fair value on a recurring basis as of June 24, 2012 and December 25, 2011 are as follows (in thousands):

	Carrying		Fair Value Measurements
	Value		Level 1		Level 2		Level 3
June 24, 2012
Financial assets:
Cash surrender value of life insurance policies *	$	12,438	$	12,438	$	-	$	-
Financial liabilities:
Interest rate swap		127		-		127		-
December 25, 2011
Financial assets:
Cash surrender value of life insurance policies *	$	11,387	$	11,387	$	-	$	-
Interest rate swap		11		-		11		-

* Represents life insurance policies held in our non-qualified deferred compensation plan.