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Interest Rate Swap (Tables)
6 Months Ended
Jun. 25, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Liabilities at Fair Value [Table Text Block]
The liabilities measured at fair value related to the Company’s interest rate swap, excluding accrued interest, were as follows (in thousands):
 
Balance Sheet Location
 
June 25, 2016
 
December 26, 2015
 
June 27, 2015
Interest rate swap (short-term portion)
Other accrued expenses
 
$
1,237

 
$

 
$

Interest rate swap (long-term portion)
Other long-term liabilities
 
1,303

 

 

Total liabilities
 
 
$
2,540

 
$

 
$

Derivative Instruments, Gain (Loss) [Table Text Block]
The following table summarizes the impact of pre-tax gains and losses derived from the interest rate swap (in thousands):
 
 
 
Fiscal three months ended
 
Fiscal six months ended
 
Financial Statement Location
 
June 25, 2016
 
June 27, 2015
 
June 25, 2016
 
June 27, 2015
Effective portion of gains and losses recognized in OCI during the period
Other comprehensive loss
 
$
2,234

 
$

 
$
2,234

 
$

Amounts reclassified from AOCL into earnings
Interest expense, net
 

 

 

 

Ineffective portion of gains and losses recognized in earnings during the period
Interest expense, net
 
306

 

 
306

 

The following table summarizes the changes in AOCL, net of tax, related to the Company’s interest rate swaps (in thousands):
 
 
June 25, 2016
 
December 26, 2015
 
June 27, 2015
Beginning AOCL balance
 
$

 
$

 
$

Current period losses recognized in OCI
 
(1,362
)
 

 

Amounts reclassified from AOCL into current period earnings
 

 

 

Other comprehensive loss, net of tax
 
(1,362
)
 

 

Ending AOCL balance
 
$
(1,362
)
 
$

 
$

Schedule of Derivative Instruments [Table Text Block]
The following table summarizes the impact of taxes affecting AOCL as a result of the interest rate swap (in thousands):
 
 
Fiscal three months ended
 
Fiscal six months ended
 
 
June 25, 2016
 
June 27, 2015
 
June 25, 2016
 
June 27, 2015
Income tax benefit of interest rate swap on AOCL
 
$
(872
)
 
$

 
$
(872
)
 
$