Fair Value of Financial Instruments (Tables)

9 Months Ended

Oct. 07, 2023

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 7, 2023	$	4,542
For the twelve weeks ended October 8, 2022	$	5,459
For the forty weeks ended October 7, 2023	$	16,251
For the forty weeks ended October 8, 2022	$	17,292

Carrying Value of Distributor Notes Receivable

At October 7, 2023 and December 31, 2022, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

	October 7, 2023			December 31, 2022
Distributor notes receivable	$	139,836		$	163,354
Less: current portion of distributor notes receivable recorded in    accounts and notes receivable, net		(25,344	)		(26,472	)
Long-term portion of distributor notes receivable	$	114,492		$	136,882

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	$	494,555	$	383,883	2
2026 notes	$	398,288	$	372,433	2