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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 3 Months Ended
Mar. 26, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivative instruments Fair value of derivative instruments at March 26, 2022 and December 25, 2021 are as follows:
Derivatives designated as hedging instruments:Balance sheet locationMarch 26, 2022December 25, 2021
Commodity forward contractsAccrued expenses$(52)$(5,802)
Foreign currency forward contractsPrepaid expenses and other assets236 149 
Foreign currency forward contractsAccrued expenses— (118)
Cross currency swap contractsPrepaid expenses and other assets17,449 1,764 
$17,633 $(4,007)
Gains (losses) on derivatives recognized on statements of earnings Gains (losses) on derivatives recognized in the condensed consolidated statements of earnings for the thirteen weeks ended March 26, 2022 and March 27, 2021 are as follows:
Thirteen weeks ended
Statements of earnings locationMarch 26, 2022March 27, 2021
Commodity forward contractsProduct cost of sales$2,043 $— 
Foreign currency forward contracts  Other income 151 (218)
Foreign currency forward contractsProduct sales— — 
Interest rate hedge amortizationInterest expense(16)(16)
Cross currency swap contractsInterest expense774 711 
$2,952 $477 
Schedule of notional amounts of outstanding derivative
Key terms of the two CCS are as follows:
CurrencyNotional AmountTermination DateSwapped Interest RateSet Settlement Amount
Danish Krone (DKK)$50,000 April 1, 20242.68%DKK 333,625
Euro$80,000 April 1, 20242.825%€71,550