Long-Term Debt	6 Months Ended
Jul. 01, 2017
Long-Term Debt [Abstract]
Long-Term Debt	(6) Long-Term Debt On September 1, 2016, Weis Markets entered into a revolving credit agreement with Wells Fargo Bank, National Association (the Credit Agreement). The Credit Agreement provides for an unsecured revolving credit facility with an aggregate principal amount not to exceed $100.0 million with an additional discretionary amount available of $50.0 million. On March 13, 2017, the unsecured revolving credit facility was increased to $120.0 million. As of July 1, 2017, $52.0 million of the available $120.0 million was borrowed from the credit facility. The loan will bear interest on the outstanding principal amount at the one month LIBOR rate plus the applicable margin rate of 0.65% until its maturity on September 1, 2019. The loan was used to fund the recent acquisitions and the Company’s working capital requirements. The only financial covenant in the credit facility requires the Company’s trailing twelve month EBITDA to be at least $75.0 million. The Credit Agreement is also being utilized by the Company for $15.2 million of outstanding letters of credit as of July 1, 2017. The letters of credit are maintained primarily to support performance, payment, deposit or surety obligations of the Company. The Company does not anticipate drawing on any of them. Interest expense related to long-term debt for the period ended July 1, 2017 was $260 thousand and $533 thousand for the second quarter and the first half of 2017, respectively.

Long-Term Debt

6 Months Ended

Jul. 01, 2017

(6) Long-Term Debt

On September 1, 2016, Weis Markets entered into a revolving credit agreement with Wells Fargo Bank, National Association (the Credit Agreement). The Credit Agreement provides for an unsecured revolving credit facility with an aggregate principal amount not to exceed $100.0 million with an additional discretionary amount available of $50.0 million. On March 13, 2017, the unsecured revolving credit facility was increased to $120.0 million. As of July 1, 2017, $52.0 million of the available $120.0 million was borrowed from the credit facility. The loan will bear interest on the outstanding principal amount at the one month LIBOR rate plus the applicable margin rate of 0.65% until its maturity on September 1, 2019. The loan was used to fund the recent acquisitions and the Company’s working capital requirements. The only financial covenant in the credit facility requires the Company’s trailing twelve month EBITDA to be at least $75.0 million. The Credit Agreement is also being utilized by the Company for $15.2 million of outstanding letters of credit as of July 1, 2017. The letters of credit are maintained primarily to support performance, payment, deposit or surety obligations of the Company. The Company does not anticipate drawing on any of them.

Interest expense related to long-term debt for the period ended July 1, 2017 was $260 thousand and $533 thousand for the second quarter and the first half of 2017, respectively.