Fair Value of Financial Instruments (Tables)

6 Months Ended

Jul. 16, 2022

Fair Value Disclosures [Abstract]

Interest Income Primarily Related to IDPs Notes Receivable

Interest income was primarily related to the IDPs’ notes receivable and was as follows (amounts in thousands):

	Interest Income
For the twelve weeks ended July 16, 2022	$	5,075
For the twelve weeks ended July 17, 2021	$	5,486
For the twenty-eight weeks ended July 16, 2022	$	11,832
For the twenty-eight weeks ended July 17, 2021	$	12,966

Carrying Value of Distributor Notes Receivable

At July 16, 2022 and January 1, 2022, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

	July 16, 2022			January 1, 2022
Distributor notes receivable	$	171,403		$	183,403
Less: current portion of distributor notes receivable recorded in    accounts and notes receivable, net		(26,714	)		(29,093	)
Long-term portion of distributor notes receivable	$	144,689		$	154,310

Schedule of Fair Value of Notes

The fair value of the 2031 notes and 2026 notes are presented in the table below (amounts in thousands, except level classification):

	Carrying Value		Fair Value		Level
2031 notes	$	493,657	$	414,260	2
2026 notes	$	397,584	$	385,316	2