BANK CREDIT ARRANGEMENTS	12 Months Ended
Dec. 28, 2019
BANK CREDIT ARRANGEMENTS
BANK CREDIT ARRANGEMENTS	BANK CREDIT ARRANGEMENTSThe Company maintains various lines of credit for short-term borrowings totaling $132,849 at December 28, 2019. As of December 28, 2019 and December 29, 2018, $21,774 and $10,678 was outstanding and recorded as notes payable in the Consolidated Balance Sheets, respectively. The interest rates charged on these lines of credit vary in relation to the banks’ costs of funds. The weighted average interest rate on short-term borrowings was 2.54% at December 28, 2019. The unused and available borrowings under the lines of credit were $111,075 at December 28, 2019. The lines of credit can be modified at any time at the option of the banks. The Company pays no fees in connection with unused lines of credit.

BANK CREDIT ARRANGEMENTS

12 Months Ended

Dec. 28, 2019

BANK CREDIT ARRANGEMENTSThe Company maintains various lines of credit for short-term borrowings totaling $132,849 at December 28, 2019. As of December 28, 2019 and December 29, 2018, $21,774 and $10,678 was outstanding and recorded as notes payable in the Consolidated Balance Sheets, respectively. The interest rates charged on these lines of credit vary in relation to the banks’ costs of funds. The weighted average interest rate on short-term borrowings was 2.54% at December 28, 2019. The unused and available borrowings under the lines of credit were $111,075 at December 28, 2019. The lines of credit can be modified at any time at the option of the banks. The Company pays no fees in connection with unused lines of credit.