Fair Value of Financial Instruments (Tables)

3 Months Ended

Oct. 08, 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 October 8, 2022	$	5,459
For the twelve weeks ended October 9, 2021	$	5,359
For the forty weeks ended October 8, 2022	$	17,292
For the forty weeks ended October 9, 2021	$	18,325

Carrying Value of Distributor Notes Receivable

At October 8, 2022 and January 1, 2022, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

	October 8, 2022			January 1, 2022
Distributor notes receivable	$	168,700		$	183,403
Less: current portion of distributor notes receivable recorded in    accounts and notes receivable, net		(26,865	)		(29,093	)
Long-term portion of distributor notes receivable	$	141,835		$	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	$	493,826	$	386,428	2
2026 notes	$	397,716	$	368,802	2