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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 25, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments Fair value of derivative instruments at December 25, 2021 and December 26, 2020 are as follows:
Derivatives designated as hedging instruments:Balance sheet locationDecember 25, 2021December 26, 2020
Commodity forward contractsAccrued expenses$(5,802)$— 
Foreign currency forward contractsPrepaid expenses and other assets149 724 
Foreign currency forward contractsAccrued expenses(118)— 
Cross currency swap contractsPrepaid expenses and other assets1,764 600 
Cross currency swap contractsAccrued expenses— (7,235)
$(4,007)$(5,911)
Schedule of Gains (Losses) on Derivatives Recognized on Statements of Earnings Gains (losses) on derivatives recognized in the consolidated statements of earnings for the years ended December 25, 2021, December 26, 2020, and December 28, 2019 are as follows:
Derivatives designated as hedging instruments:Statements of earnings location202120202019
Commodity forward contracts
Product cost of sales
$25,821 $— $(2,130)
Foreign currency forward contractsProduct Sales— 1,598 — 
Foreign currency forward contracts
Other income (expense)
(40)187 950 
Interest rate contracts
Interest expense
(64)(64)(64)
Cross currency swap contracts
Interest expense
2,780 2,738 2,823 
$28,497 $4,459 $1,579 
Schedule of notional amounts of outstanding derivative Key terms of the two CCS are as follows:
CurrencyNotional AmountTermination DateSwapped Interest RateNet Settlement Amount
Danish Krone (DKK)$50,000 April 1, 20242.68%DKK 333,625
Euro$80,000 April 1, 20242.825%€71,550