Fair Value of Financial Instruments (Tables)

4 Months Ended

Apr. 22, 2017

Fair Value Disclosures [Abstract]

Interest Income for Distributor Notes Receivable

Interest income for the distributor notes receivable was as follows (amounts in thousands):

	Interest Income
For the sixteen weeks ended April 22, 2017	$	6,577
For the sixteen weeks ended April 23, 2016	$	6,290

Carrying Value of Distributor Notes

At April 22, 2017, December 31, 2016, and April 23, 2016 respectively, the carrying value of the distributor notes was as follows (amounts in thousands):

	April 22, 2017		December 31, 2016		April 23, 2016
Distributor notes receivable	$	181,037	$	175,984	$	167,838
Current portion of distributor notes receivable recorded in    accounts and notes receivable, net		21,569		21,060		20,397
Long-term portion of distributor notes receivable	$	159,468	$	154,924	$	147,441

Schedule of Fair Value of Notes

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

	Carrying Value		Fair Value		Level
2026 notes	$	394,583	$	394,360	2
2022 notes	$	397,606	$	432,648	2